TFSA OR RRSP? YOU CAN BENEFIT FROM BOTH.
You don’t need to choose one plan over the other. Both allow you to hold a wide range of qualified investments, including cash, mutual funds, government and corporate bonds, GICs and publicly traded securities. How you allocate your investments between the two plan types depends on your overall investment goals and your current tax rate versus your expected future tax rate. COMPARING TFSAs AND RRSPs
Investors who are saving for their
Toronto-based Echelon Wealth Partners Inc. announced on Tuesday that it has completed a $27-million initial financing deal with Toronto-based Peerage Capital Canada Ltd., which was founded by Miles Nadal. Echelon Wealth Partners is an independent wealth-management and capital markets firm with approximately 80 investment advisors and portfolio managers. It has more than $4 billion of assets under administration and management. "We are delighted to have Peerage Capital and Mil
The Canadian economy continues to adjust to low commodity prices. The reallocation of investment and employment from the resource sector to the non-resource sector is progressing. Starting in the second half of 2016, real GDP is expected to increase at a rate that exceeds potential growth, driven by solid US domestic demand growth and federal infrastructure spending and other fiscal measures (Table 2). The outlook for real GDP is also supported by accommodative monetary and f