February 2022

Financial considerations when you change jobs

Whether you’re considering changing jobs, switching careers or leaving your job entirely to discover your passion, be sure to give careful thought to the financial implications. That may include your pension, your profit-sharing plan and your investment strategy.

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RRSP and TFSA reminders

The deadline to contribute to your RRSP for the 2021 tax year is March 1, 2022. The maximum contribution amount for 2021 is $27,830, or 18% of earned income in 2020, whichever is the lesser amount. Your Notice of Assessment from CRA will indicate if you have any additional contribution room.

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Selling Out

A new memo from Howard Marks. A subject that every investor should contemplate.  

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Bubbles, biases & broken dreams

So far, we’ve had quite the rollercoaster of emotions for investors this year, with many markets on the verge or even dipping their toe into correction territory. The recent large intra-day swings may make it seem like we’re nearer to the elusive capitulation day that often marks a bottom, but history would suggest such days are basically impossible to know until well after they are over. 

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