by Mercator Financial | Feb 1, 2024 | 2024, Blog, Business Owners, estate planning, Family, financial advice, Financial Planning, Individuals, Investment, personal finances, Professionals, Retirement, RRSP, Tax Free Savings Account
Tax-Free Savings Account vs Registered Retirement Savings PlanWhen looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. To assist you in understanding the...
by Mercator Financial | Nov 7, 2023 | Blog, Financial Planning, RRSP, Tax Free Savings Account
Embarking on life’s financial journey, each decision, from buying your home to planning retirement, often stands alone. But, what if they didn’t have to? Imagine buying a home. Saving for your down payment and life insurance naturally comes to mind, doesn’t it?...
by Mercator Financial | Aug 1, 2023 | 2023, Blog, Business Owners, financial advice, Financial Planning, Individuals, mortgage, personal finances, tax
You’ve likely heard much about interest rates, especially house prices and mortgages. Rising interest rates will impact everyone, whether they are borrowers or savers. Why does the Bank of Canada raise interest rates? The Bank of Canada has a monetary...
by Mercator Financial | Mar 30, 2023 | 2023, Blog, Business Owners, dental benefits, Family, Financial Planning, Individuals
On March 28, 2023, the Federal Government released their 2023 budget. This article highlights the following financial measures: New transfer options associated with Bill C-208 for intergenerational transfer. New rules for employee ownership trusts. Changes to how the...
by Mercator Financial | Oct 31, 2022 | Blog, estate planning, Family, Financial Planning, Individuals, retirees
A financial plan looks at where you are today and where you want to go. It determines your short, medium and long term financial goals and how you can reach them.Why do you need a Financial Plan? Worry less about money and gain control. Organize your finances....
by Mercator Financial | Jan 1, 2022 | 2022, Blog, Financial Planning
2022 Financial CalendarWelcome to our 2022 financial calendar! This “at a glance” document lists important dates, including when government benefits are distributed and tax filing deadlines. Be sure to bookmark this or add the dates listed to your personal...