Destiny Wealth Management - RJL

12/17/2024

These important tax and financial planning moves can help prepare you for the upcoming tax season and better align your finances with your short- and long-term goals.
https://www.raymondjamesconnect.com/azx8LS

12/04/2024

To contribute or not contribute, that is the question.
Delayed deduction, OAS clawback, income disparity, transfers and more. Tax saving strategies at every stage.

morningstar.ca

11/27/2024

11/26/2024

In 2025, the TFSA contribution limit will increase by another $7,000, bringing the total contribution room to $102,000 for those eligible since 2009.

This is a fantastic chance to grow your savings and investments tax-free. Whether you're saving for a big purchase, building an emergency fund, or planning for retirement, the TFSA is a versatile tool to help you achieve your financial goals.

Remember, contributions to a TFSA are not tax-deductible, but all growth and withdrawals are tax-free, making it a powerful vehicle for long-term wealth building.
Let's make the most of this tax-free opportunity!

investmentexecutive.com

11/19/2024

TFSA contribution room for 2025 to increase by $7,000!

investmentexecutive.com

11/14/2024

Many Canadians have already discovered the benefits of donating securities "in kind" to get a donation tax receipt for the fair market value of the gift and, at the same time, avoid capital gains tax. Donating securities from an investment portfolio held within a holding company (HoldCo) can achieve even more.

raymondjames.ca

10/10/2024

With interest rate easing cycles underway in both Canada and the U.S., focus is shifting to economic growth, employment, and the U.S. election in November.

raymondjames.ca

08/28/2024

ctvnews.ca

08/14/2024

The Bank of Canada's decision to reduce the policy rate by another 25 basis points to 4.5% is in line with our expectations. Today's BoC statement had a more dovish tone compared to June, highlighting that ongoing excess supply is lowering inflationary pressures. The BoC's preferred measures of core inflation are projected to slow to around 2.5% in the second half of this year and gradually ease through 2025. We continue to anticipate two or more rate cuts in the remaining three BoC meetings this year.