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Is It Better to Pay Down Your Mortgage or Invest?

Is It Better to Pay Down Your Mortgage or Invest?

by Garry Nanninga | Sep 3, 2024 | Financial Planning

Deciding the best way to allocate your hard-earned money can be challenging. For homeowners, a common dilemma is whether to pay down your mortgage faster or invest that extra cash elsewhere.  When it comes to raw numbers, the math favours investing rather than...
Personal Financial Planning: Your Step-By-Step Guide

Personal Financial Planning: Your Step-By-Step Guide

by Monty Souther, PFP®, CFP® | Jul 4, 2024 | Financial Planning

Personal financial planning is essential for managing your life and planning for the future. While it may seem daunting at first, breaking down the process into manageable steps can help you reach long-term security and the ability to pursue your passions.  Step...
HBP vs. FHSA: What’s the Difference?

HBP vs. FHSA: What’s the Difference?

by Scott Nelson | May 14, 2024 | Financial Planning, Investing

Becoming a first-time homeowner is a monumental step for anyone. Saving early can help ease the financial burden and make sure you’re ready for your dream home. The Canadian Government has 2 tools to help you in this endeavour: the home buyers’ plan (HBP) and...
The Pros & Cons of a Supplemental Executive Retirement Plan

The Pros & Cons of a Supplemental Executive Retirement Plan

by Vinay Thanawala | Mar 19, 2024 | Financial Planning, Retirement Planning

As the business world evolves, so must the strategies and incentives it employs to attract, retain, and motivate top talent. One such tool in the executive compensation toolkit is a supplemental executive retirement plan (SERP). SERPs have pros and cons like any other...
What Is a First Home Savings Account (FHSA)?

What Is a First Home Savings Account (FHSA)?

by Arif Kanji, CFP, CLU | Dec 20, 2023 | Financial Planning, Investing

The thought of saving for a house can seem like a daunting challenge in today’s economy, but a first home savings account (FHSA) may be able to help you save one. An FHSA is designed to help prospective first-time home buyers save money for their first home, tax-free...
How Can I Optimize My Tax Strategy to Minimize My Tax Liability?

How Can I Optimize My Tax Strategy to Minimize My Tax Liability?

by Arif Kanji, CFP, CLU | Oct 18, 2023 | Financial Planning, Taxes

Taxes can be confusing and stressful. But it’s important to have a smart tax strategy to minimize your tax liability and maximize your returns, whether you’re an individual or a business owner. Some ways that you can optimize your tax strategy include:...
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