The ABCs of Spousal RRSPs

A spousal* RRSP is exactly what it appears to be, quite simply a Registered Retirement Savings Plan (RRSP) for a spouse; a plan that cannot only help set aside funds for you and your spouses’ retirement, but can save you some tax dollars in the process. The idea is...

Getting the Most from Your RESP

Interested in maximizing the impact of your RESP contributions? Here is a great strategy to consider. First, a bit of a refresher on RESPs: the Registered Education Savings Plan has two significant benefits. First, the availability of government grants. The government...

What You Should Know Before You Transfer Life Insurance

Planning for all of life’s events is not always possible. The same can be said for the transfer of a life insurance policy to a new owner, whether an individual or corporation. While it’s best to avoid the need to transfer life insurance entirely – and the...