November 2019

Everything you need to know about recessions

We’re currently sitting on the longest economic expansion in U.S. history.

It’s not the largest in magnitude but in terms of rotations around the sun, we are now a few months past the previous record expansion which lasted from 1991 to 2001.

The longest recession since WWII was the last one, clocking in at 18 months in duration. Since 1945, recessions have lasted an average of 11 months with a 2.3% average decline in GDP.

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Financial 101: RESP, TFSA, RRSP

Are you getting the most out of your RESP, TFSA, RRSP?

Financial noise can sometimes be overwhelming, which is why we believe it’s worth returning to the basics from time to time. Savings accounts like a Registered Education Savings Plan (RESP), Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) are vital tools in financial planning. If used effectively, they can ultimately strengthen the foundation of your wealth.

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Prenuptial and asset protection

What to consider before getting married

A prenuptial agreement is for couples who intend to marry and want to clarify in advance their arrangements for spousal support and how they will deal with the division of matrimonial property if they separate or divorce.

Notably, Canada does not have federal legislation dealing with marriage agreements or domestic contracts. Provinces and territories have enacted provincial laws to deal with these.

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2019 Tax-planning checklist

Ready to make the most of your 2019 tax strategy? Certain items coming up are time sensitive. We've put together a checklist of key dates and strategies so you can be fully prepared as we close out 2019 and move into the new year.

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