Reveal Financial

Reveal Financial Revealing the true "hidden" costs of investing while offering a less expensive, more effective alternative to conventional firms and advisors. We are different.

Most people don't have the time, education, or confidence to secure their financial futures by themselves. They often look to the finance industry for help, which, by its very nature - receiving kickbacks/commissions from selling products - often puts its own needs ahead of the client's. What Makes Us Different? We do not sell products or are affiliated with any financial institution. We do not r

ecommend products based on financial kickbacks or charge hidden fees. You are always in control of your own money and will never open an account with us. Did you know that mutual funds can cost you $100,000s in fees and lost opportunities? Talk to us about our free educational presentation where we will show you the unnecessary, and many times, hidden, and life changing costs of mutual funds.

Get ready for higher interest rates!  Yes, this means for both mortgages and GICs.   The government of Canada 5 year bon...
10/28/2021

Get ready for higher interest rates! Yes, this means for both mortgages and GICs. The government of Canada 5 year bond yield which always leads these rates has exploded recently and with today's announcement from the Bank of Canada that they are expecting inflation to be at 5% towards the end of the year, you should see these consumer rates rise within the next month. Bond rates are now higher than pre-pandemic.

Bottom line is: If you have to renew a mortgage, do it now! If you have GICs to reinvest, wait a bit longer for GIC rates to rise and catch up to their bond counterparts.

COVID-19 Government Support for Individuals and Businesses
03/20/2020

COVID-19 Government Support for Individuals and Businesses

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

01/05/2019

Government of Canada has just increased the TFSA annual contribution limit to $6,000 for 2019

http://www.cbc.ca/news/canada/british-columbia/interest-free-home-loans-bc-1.3897832This is a strange out of the blue po...
12/17/2016

http://www.cbc.ca/news/canada/british-columbia/interest-free-home-loans-bc-1.3897832

This is a strange out of the blue policy, that might help first time buyers but most economists believe will simply keep prices elevated. If you are a first time buyer, something to definitely take advantage of!

The B.C. government is offering to help first-time homebuyers cover the cost of a mortgage down payment with an interest-free loan.

With the New Canada Child Benefit coming into effect, here is a good summary on what you need to know.
07/12/2016

With the New Canada Child Benefit coming into effect, here is a good summary on what you need to know.

Is your family among the 90 per cent the Liberals say will be better off when the new Canada Child Benefit rolls out on July 20? You're about to find out.

02/25/2016

RRSP Deadline is less than a week away! Please make sure you make your contributions ASAP and remember, they can take a couple of days to settle and you don't want them to be pushed to next year!

BC property assessments are coming out soon and many of us have seen big increases.  While it is too early to tell how e...
01/11/2016

BC property assessments are coming out soon and many of us have seen big increases. While it is too early to tell how exactly that will translate to property taxes, here is an article to get you thinking about one possibility that many people haven't yet heard of. It is a financially sound strategy, IF you put aside and invest what you would have spent on property taxes:

http://www.cbc.ca/news/canada/british-columbia/property-tax-deferral-michael-geller-1.3391775

A Vancouver planner and developer says the B.C property tax deferral program is allowing wealthy home owners to make even more money.

It is election time!  Each party has different financial incentives to attract your vote and they all seem to vary depen...
10/10/2015

It is election time! Each party has different financial incentives to attract your vote and they all seem to vary depending upon your life situation.

Check out their platforms here to see what they are offering:
http://www.cbc.ca/news/politics/canada-election-2015-party-platforms-1.3264887

All four major national federal parties have released their election platforms. Read the documents here.

As you may have heard the Government recently raised the limit of TFSAs from $5,500 to $10,000.  Now that the dust has s...
06/11/2015

As you may have heard the Government recently raised the limit of TFSAs from $5,500 to $10,000. Now that the dust has settled I thought I would share: This change impacts 2015 contributions, so if you already put $5,500 in this year to max out your contribution you can put in another $4,500 immediately without penalty :) As a side note the government also quietly removed the inflation indexing so if nothing changes it will continue at $10,000 for the rest of your life making things simpler.

This is a great article explaining some of the changes and answering common questions regarding TFSAs:
http://www.thestar.com/business/personal_finance/2015/04/29/more-of-your-tax-free-savings-account-questions-answered-mayers.html

Changes in the federal budget to the annual TFSA limit have readers wondering what to do. Here are some answer to their questions.

Address

Vancouver, BC

Alerts

Be the first to know and let us send you an email when Reveal Financial posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share