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Many folks tend to miss a key difference between a financial advisor, and a financial “adviser,” spelt with an “e.” Others may note the visual difference, but mistakenly believe that they mean the same thing, just with different spelling. In truth, there’s a lot of separation between an advisor and an adviser, and it pays to know how, before you…
COVID-19 continues to represent a worldwide threat, despite the number of cases and deaths beginning to drop. With an economic restart now in full swing in many parts of the world, the question on everyone’s mind will undoubtedly be whether the virus makes a resurgence going into the fall. Needless to say, Coronavirus is still on everyone’s mind, and that…
With COVID-19 lockdowns coming to an end in America, the rest of the world is soon to follow, and that includes Canada. Ontario will remain in lockdown longer than other provinces, but all indicators point to a re-opening of business and a restart of the economy, with some social distancing practices still in effect. This is good news, especially at…
The Coronavirus pandemic has wreaked havoc on global markets in a way that no other phenomenon has in human history. From the very beginning, stocks crashed and soared on nearly a daily basis as the market tried to find its bottom. As the pandemic took root in North America, a mixture of government-mandated lockdowns and the closing of non-essential businesses…
At some point in the near future, the Coronavirus pandemic will officially be declared over. We are already seeing massive drops in the number of new worldwide cases and deaths. While the threat of a possible second wave remains imminent, the arrival of a vaccine before the end of the year should be enough to prepare us for a brighter,…
Citizens living in the United States have been able to take advantage of a tax benefit which allows them to deduct mortgage interest on their home when they file their taxes. Unfortunately, this deduction is not available in Canada, unless you implement what economists refer to as the “Smith Manoeuvre.” This legal method allows Canadians to take advantage of roughly…
Due to the outbreak of Covid-19 around the globe, the government of Canada took initial steps to guard against a severe economic fallout by crafting a federal aid package designed to help Canadians who would be affected by strict mandated lockdowns. This effectively sidelined most Canadians from their jobs, forcing them to stay at home in an effort to flatten…
If you’re new to investing money, it can be difficult to know where to start. After all, with so many avenues for investment, not to mention a dizzying array of business-related terms and lingo, a little help can go a long way. Keep reading to learn about a few key tips to invest your money wisely, and grow your wealth…
The outbreak of Coronavirus has sent many people into a panic, wondering if the end is near and their financial well-being will be wiped out. It’s important to remember not to react emotionally, as it could lead to poor choices that will affect your long-term financial future. In reality, the Coronavirus outbreak is expected to taper off in the coming…
Ontario residents have a few reasons to feel relieved at news that the Canadian government might expand an already heavy $82 billion dollar aid package while Coronavirus runs its course throughout the planet. Ontario has also unveiled an additional $17 billion dollar package for the benefit of the province. With so much happening all at once, it can be hard…