Jason Kilborne - Mortgage Planner

Jason Kilborne - Mortgage Planner Helping Canadian families turn their mortgage into a wealth-building machine—without compromising their lifestyle.

My goal is to save my clients as much money as possible on their mortgage by finding them the perfect mortgage for their specific needs at the best possible rate!

The problem isn’t that you don’t want to invest for retirement. It’s cash flow.After the mortgage, utilities, groceries,...
09/02/2026

The problem isn’t that you don’t want to invest for retirement. It’s cash flow.

After the mortgage, utilities, groceries, insurance, childcare and everything else, there may be nothing left to invest consistently.

That’s where the Smith Manoeuvre™ can change the structure: not your lifestyle.

With a properly structured readvanceable mortgage, you continue making the mortgage payment you’re already making. As principal is paid down, that amount becomes available through the HELOC and can be invested for long-term growth.

Two things happen in parallel:

1. Your mortgage balance decreases.
2. Your investment portfolio has the opportunity to grow.

You’re not waiting until the mortgage is paid off to start building retirement savings. You’re using the mortgage payment already built into your budget to make progress on both goals at the same time.

This isn’t free money, and investment returns aren’t guaranteed. The strategy must be properly structured, documented and coordinated with your Financial Planner and Accountant. Interest deductibility depends on how the borrowed funds are used and whether CRA requirements are met.

The goal is simple: build retirement security without cutting your lifestyle or finding extra money every month.

Shoot me a message and let’s run your numbers together.

09/02/2026

Most people shop for mortgages by rate alone.

The Smith Manoeuvre looks beyond the rate and focuses on tax efficiency, flexibility, and long‑term wealth.

Your mortgage can be more than just a monthly payment.

Most homeowners look at a $500,000 mortgage and think: “I need to repay $500,000.”But the real cost can be much higher.A...
09/01/2026

Most homeowners look at a $500,000 mortgage and think: “I need to repay $500,000.”

But the real cost can be much higher.

At 4% over 25 years, that mortgage generates roughly $289,000 in interest.

That means the financing cost brings the total to about $789,000: before considering tax.

Because mortgage payments are made with after-tax dollars, a homeowner in a 40% marginal tax bracket may need to earn more than $1.3 million in gross income to pay off that $500,000 mortgage.

That is the tax reality of conventional mortgage debt.

The Smith Manoeuvre™ changes how part of that debt is treated. With the right readvanceable mortgage structure, principal paid down can be reborrowed and invested. If those borrowed funds are used to generate income and CRA requirements are met, the related interest may be tax deductible.

The mortgage payment does not change. The structure does.

This is not a DIY tax shortcut. It requires coordination with a Mortgage Planner, Financial Planner and Accountant.

Shoot me a message and let’s run your numbers together.

Homeowner A gets their mortgage, makes their payments, and focuses on paying it down as fast as possible. When the rate ...
08/31/2026

Homeowner A gets their mortgage, makes their payments, and focuses on paying it down as fast as possible. When the rate goes up, they stress. When it goes down, they feel relief.

Every five years, they shop for the best renewal rate and sign on for another term.

They're doing everything they were told to do.

Homeowner B has the same mortgage, makes the same payment, and lives the same life. But their mortgage is structured differently. Every month, as the principal comes down, that same amount gets reborrowed and invested. A portfolio builds quietly in the background. A tax refund arrives every year and goes straight back into the strategy.

Same payment leaving the account every month. Completely different destination.

Twenty-five years later, Homeowner A has a paid-off home. That's a real win, and it shouldn't be dismissed. But there's no portfolio. No invested capital. Just equity sitting in the walls of a house.

Homeowner B has a paid-off home too. And a portfolio built entirely from the mortgage payment they were already making.

The gap between those two outcomes wasn't created by income. It wasn't created by discipline or sacrifice or finding extra money somewhere. It was created by structure — specifically, whether the mortgage was connected to a strategy or left to work alone.

That's what the Smith Manoeuvre™ is. The design that turns a mortgage payment into something that builds in two directions at once.

As a Smith Manoeuvre Certified Professional, helping homeowners become Homeowner B is exactly what I do. If you've never had this conversation, it's worth having.

We should talk.

There are two kinds of debt.The first costs you money without creating anything productive. That’s the kind of debt most...
08/31/2026

There are two kinds of debt.

The first costs you money without creating anything productive. That’s the kind of debt most Canadians have on their primary residence: mortgage interest paid with after-tax dollars, with no potential tax deduction.

The second can be used to acquire income-producing investments. When borrowing is structured and used for that purpose, the interest may be tax-deductible under Canada’s tax rules.

Most Canadian mortgages sit entirely in the first category.

Not because they have to.

Because nobody showed the homeowner how to structure things differently.

With the right readvanceable mortgage and a carefully planned Smith Manoeuvre™, a homeowner may be able to convert mortgage debt from non-deductible debt into investment debt over time: without changing their monthly cash flow.

That doesn’t mean borrowing recklessly, and it isn’t a DIY tax strategy. The mortgage structure, investment plan, and tax records all need to work together. Your Mortgage Planner, Financial Planner, and Accountant each have an important role.

Your mortgage may be doing more than costing you interest. It may be an opportunity you haven’t been shown how to use.

Shoot me a message and let’s see whether this kind of planning fits your situation.

Every time a mortgage comes up for renewal, the same conversation happens.What's the best rate right now? Fixed or varia...
08/28/2026

Every time a mortgage comes up for renewal, the same conversation happens.

What's the best rate right now? Fixed or variable?
One year, three year, five year? Can you beat what the bank offered me?

These are reasonable questions. Rate matters. A better rate saves real money and nobody should leave that on the table.

But here's what that conversation almost never includes.

How is this mortgage structured? Is it set up in a way that could do more than just get paid off? Is there a strategy connected to it that accounts for where you want to be in ten, twenty, thirty years?

Those questions rarely get asked.

Not because they're not important, but because the renewal conversation was never designed to go there. It was designed to place a product. Not build a plan.

A good rate saves you money on this term. A good plan changes your financial trajectory for the entire amortization.

The Smith Manoeuvre™ is a plan. It takes the mortgage you already have and structures it so that it pays down the home, builds an investment portfolio, and generates tax deductions — all from the payment you're already making.

The rate still matters. But it's one variable inside a much bigger picture.

As a Smith Manoeuvre Certified Professional, my job isn't just to find you a good rate. It's to make sure the mortgage you're signing is actually working toward something.

If you've never had that conversation, let’s start before your next renewal.

08/28/2026

If you feel like you’re trying to get ahead but nothing’s really changing… you’re not alone.

For many Canadian homeowners, it’s not about effort — it’s about structure.

Your mortgage can either just sit there… or it can become part of a real plan.

I can show you a different plan.

Let's chat.

Think about why solar panels make sense.You're going to pay an electricity bill regardless. It's not going anywhere. So ...
08/26/2026

Think about why solar panels make sense.

You're going to pay an electricity bill regardless. It's not going anywhere. So instead of just paying it forever, you install something that runs alongside it - something that generates its own return and offsets the cost over time.

You don't eliminate the bill on day one. But you build something beside it that changes the net outcome over the long run.

That's it. That's the whole idea.
Now apply it to your mortgage.

You're going to pay mortgage interest regardless. Over a full amortization, that number runs into the hundreds of thousands of dollars. It's the biggest ongoing cost most Canadians will ever carry, and under a standard mortgage, it just goes to the lender and never comes back.

But what if you installed something with it?

That's exactly what The Smith Manoeuvre™ does. As your mortgage principal comes down each month, that same amount gets reborrowed and invested. A portfolio starts building alongside the mortgage quietly, consistently, month after month, and is specifically designed to offset what the interest is costing you over time.

Same mortgage. Same interest. Something running beside it now.

The principle isn't new. You already understand it from solar panels, from rewards programs, from any system where a cost gets paired with a recovery engine. The Smith Manoeuvre™ just applies that same logic to the biggest bill of your life.

As a Smith Manoeuvre Certified Professional, this is one of my favourite ways to explain what this strategy is actually doing — because once it clicks, it's hard to unsee.

If you've never looked at your mortgage this way, that's exactly where the conversation starts.

The plan most of us inherited looked something like this. Work hard, pay down the mortgage, max out the RRSP, and retire...
08/24/2026

The plan most of us inherited looked something like this. Work hard, pay down the mortgage, max out the RRSP, and retire comfortably at 65.

It was a reasonable plan. For a Canada where housing was affordable, mortgages were smaller, and a decent income stretched far enough to actually save after covering the basics.

That Canada is just a distant memory now.

Mortgages are bigger than ever. The cost of living has outpaced income growth for years. And the "save what's left over" approach doesn't work when there's nothing left over.

The problem isn't that Canadians aren't trying hard enough. The problem is that most of us are still following a playbook that was written for a completely different economic reality.

The Smith Manoeuvre™ was built for the Canada that actually exists. It doesn't ask you to find extra money you don't have. It works with the mortgage payment you're already making — converting it into something that builds a portfolio, reduces your tax bill, and accelerates your mortgage paydown all at the same time.

Same income. Same home. A structure that actually fits the world you're living in.
As a Smith Manoeuvre Certified Professional, helping homeowners find a plan that works for their real life — not an idealized version of it — is exactly what I do.

If the old plan isn't adding up anymore, let's talk about what does.

When most people sign their mortgage, they're thinking about one thing. Getting the keys.The rate is sorted. The lawyer ...
08/23/2026

When most people sign their mortgage, they're thinking about one thing.

Getting the keys.

The rate is sorted. The lawyer has the paperwork. The moving truck is booked. It's an exciting day and a stressful one, and the last thing anyone is thinking about is what this moment means for their financial life thirty years from now.

But mortgage structure is a long-term decision dressed up as a short-term transaction. The product you choose, how it's set up, what it allows you to do over the life of the amortization - it all gets decided in a moment most people treat as administrative.

Here's what that decision actually determines.

A standard mortgage pays down over time and builds equity in your home. That equity sits there until you sell or borrow against it. It doesn't compound. It doesn't generate income. It doesn't reduce your tax bill. It just accumulates, quietly, inside the walls of your house.

A readvanceable mortgage (the specific structure that makes The Smith Manoeuvre™ possible) works differently.

As your principal comes down each month, that same amount becomes available to borrow again through a line of credit. That room gets invested. A portfolio starts building. Tax deductions start accumulating. The mortgage is doing more than one thing at a time.

Same home. Same payment. Completely different structure underneath.

The good news is you don't have to have made this decision perfectly on day one. Renewal is another window. A refinance is another window. The structure can change.
As a Smith Manoeuvre Certified Professional, helping homeowners understand what their mortgage structure is actually doing — and what it could be doing instead — is exactly where this conversation starts.

If you signed your mortgage without realizing you were making a retirement decision, it's not too late to revisit it.

Reach out and let's talk.

Address

100-1345 Waverley Street
Winnipeg, MB
R3T5Y7

Telephone

+12049955722

Website

Alerts

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

Shortcuts

Share

Category