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When does the role of power of attorney end—and estate trustee begin?

There are various roles for estate planning, including the POA and the estate trustee. Find out the difference between...

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Can you trust AI with financial advice?

Advancements in artificial intelligence have accelerated and are a hot investing topic. Can AI give financial advice you...

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When your child moves into your rental property: Capital gains and how to claim principal residence exemption

When an adult child moves into their parents’ rental property, the family should be clear on a few things,...

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Should you use the RRSP Home Buyers’ Plan on a mixed-use property?

You can withdraw from your RRSP to purchase a mixed-use property through the HBP. However, transferring funds to a...

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How to claim a child’s income below the basic personal amount

Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions....

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Pros and cons of an all-in-one ETF portfolio

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National Bank Direct Brokerage

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Should you include your pension in your net worth?

Whether to include a pension in your net worth statement is up for debate. If you choose to do...

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4 strategies for income splitting with a lower-income spouse

If one spouse does not work, is it beneficial for the other to invest and buy stocks in their...

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DC plans once you retire: What do you do with them?

When coming up to retirement, should your investments move with you. Find out the options for soon-to-be retirees. ...