MacIntosh Financial Group

30/01/2024

Investing in an RRSP can be a great way to save for your retirement and enjoy tax benefits now. You can deduct your contributions, defer taxes on earnings, and build up your RRSP to provide the income you’ll need in retirement.

Remember, the RRSP deadline is February 29, 2024.

16/01/2024

An up-to-date and valid Will is an important component to a solid financial plan. It protects your loved ones and helps to ensure that your wishes are followed for the distribution of your assets.

We recommend that you talk to a lawyer or notary to have your Will drawn up. If you don’t have a Will, make it a priority to get yours done.

05/01/2024

A TFSA (tax-free savings account) is a great tool for growing your wealth over time. By holding your long-term investments in a TFSA, they can grow tax-free for as long as they’re in the account.

For 2024 the new contribution room is $7,000. The maximum life-time contribution room up to 2024 is now $95,000.

25/04/2023

Can we save the planet and save some money in the process?

For most Canadians, some thoughtful changes in just three areas – food choices, plastics use, emissions reductions – can make the biggest difference in achieving your savings and sustainable living goals.

30/03/2023

How does your level of debt stack up against the average for your age?

Have you ever stopped to wonder how much debt is typical for your age?

24/11/2022

Hackers guessed the world's most common password in under 1 sec—make sure yours isn't on the list

NordPass, the password management tool, released its list of the 200 most common passwords in 2022— and people are still using notoriously weak passwords.

07/10/2022

Bank of Canada Governor says: "further interest rate increases are warranted"

Bank of Canada Governor Tiff Macklem was adamant Thursday that he will get inflation back under control, but warned interest rates will have to rise further to do it.

16/09/2022

Every investment carries some form of risk. Does your investment portfolio match your risk tolerance and risk capacity?

When deciding how to invest your money, it’s important to assess your tolerance for risk and your capacity for risk. It will be different for everyone but the components to consider are fairly universal. Risk capacity is more about the objective side of investing – it’s the amount of risk you....

27/06/2022

Starting July 1, British Columbians could be paying more for goods they buy through online marketplaces such as Facebook and Amazon.

Online marketplaces with annual gross revenues of more than $10,000 will have to collect PST on goods and services sold on their sites.

25/05/2022

Study urges governments to remove barriers for seniors wishing to continue working.

A new study has stressed the governments of Canada to remove barriers that discourage the senior citizens from remaining in the workforce, if the governments want to help those who wish to continue working.