by afa | Sep 5, 2023 | 2023, Blog, Family, financial advice, Financial Planning, Registered Education Savings Plan
What is an RESP? A Registered Education Savings Plan (RESP) is a unique savings account available in Canada, designed to assist individuals, such as parents or guardians, in saving for a child’s post-secondary education. Notably, anyone can open an RESP for a...
by afa | Aug 1, 2023 | Blog, business owners, Family, farmers, financial advice, Financial Planning, Investment, Professionals, Retirees
Many of us dream of the day that we can retire and have the time to ourselves that we have dreamed of for so many years. But, to have a genuinely contented and relaxing retirement, you need to ensure that you have the means to afford it. So, now’s the best time...
by afa | Jul 4, 2023 | 2023, Blog, dental benefits, Family, health benefits, Individuals
In the most recent federal budget, an expansion to the Canada Dental Benefit, initially announced in fall 2022, was declared. It’s a significant development that aims to make dental and oral health care accessible to more Canadians. This expansion transforms the...
by afa | Mar 29, 2023 | 2023, Blog, business owners, dental benefits, Family, Financial Planning, Individuals
On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures:New transfer options associated with Bill C-208 for intergenerational transfer.New rules for employee ownership trusts.Changes to how the...
by afa | Dec 1, 2022 | Blog, business owners, Family, Individuals, Life Insurance
As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation...
by afa | Apr 22, 2021 | 2021, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, Debt, Family, financial advice, Financial Planning, incorporated professionals, Individuals, personal finances, Professional Corporations, tax
On April 19, 2021, the Federal Government released their 2021 budget. We have broken down the highlights of the financial measures in this budget into three different sections:Business OwnersPersonal Tax ChangesSupplementary HighlightsBusiness OwnersExtending Covid...
