Gifting a parent’s assets using a power of attorney
Gifting of assets and power of attorney Your question is one of the more common ones that comes up in my practice, Chris. First off,...
Category : Finance
Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis
“Canada leads the U.S. and leads the world in the sense of broad retail availability. Our innovation was to embed the structure in a mutual...
Buying a second home: How it works in Canada
If you’re able to buy the property outright without borrowing any funds, the process is fairly straightforward. However, if you expect to apply for a...
Can I afford to buy a second home?
“Before you buy a second home, you want to figure out what you’re trying to achieve—your goals and objectives,” says D’Arcy Henneberry, president of online...
How to protect your crypto from hacks
What has intensified investor pain further is the unabated cyber-theft that has drained billions of dollars from crypto holders’ accounts. Since crypto transactions are usually...
Making sense of the markets this week: September 25
General Mills (GIS/NYSE) put out a more upbeat earnings call, as the food conglomerate posted an earnings per share beat of USD$1.11 (versus $0.99 predicted)....
How much credit card debt does the average Canadian have?
How much debt does the average Canadian carry? According to a new report by Equifax, Canadian consumer debt has risen to $2.32 trillion, with an...
Watch: How to find the best online bank account
MoneySense is a digital magazine and financial media website, featuring content produced by journalists and qualified financial professionals. MoneySense is owned by Ratehub Inc., but...
Watch: How to open a bank account
Looking for a better interest rate? Want more accessible ATMs? Tired of paying fees for things like bank drafts? Whatever your reason, changing banks or...
Watch: 4 things to consider before putting your money in a TFSA or RRSP
MoneySense is a digital magazine and financial media website, featuring content produced by journalists and qualified financial professionals. MoneySense is owned by Ratehub Inc., but...