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Jun 2013Time To Expand the Pension Plan?
There is a lot of debate regarding whether or not the Canada pension plan should be expanded. In June, Finance Ministers will meet to further discuss and ultimately decide whether or not the Canada Pension Plan (CPP) should be expanded, according to the article. The plan put forth by the Canadian Labour Congress (CLC) would, over time, increase CPP benefits.
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Jun 2013Toronto Jazz Festival
Calling all jazz fans: the TD Toronto Jazz Festival will offer an outstanding line-up of jazz musicians this month, from June 29 through June 29! Join more than half a million other jazz fans at over 60 locations in Toronto to experience exciting musical performances. More than 1,500 musicians, including Smokey Robinson, Eliane Elias, Boz Scaggs, and Willie Nelson & Family, will perform 350 concerts…
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Jun 20135 Estate Planning Mistakes To Avoid
For many, estate planning isn’t exactly an appealing activity. However, it is an important thing to do in order to ensure your last wishes are properly carried out and that your loved ones are taken care of. Here are some common mistakes to be on the lookout for: 1.) Not giving enough thought to the executor. Being the executor of an estate is a BIG…
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Jun 2013Scarborough Film Festival in Toronto
Are you a movie buff? Do you love checking out the latest non-Hollywood films? If so, be sure to check out this year’s Scarborough Film Festival. The Scarborough Film Festival is yearly event that lasts six days. The festival showcases local, Canadian, and world cinema in a variety of genres, including feature length and short films. In addition to film screenings, the festival will present…
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May 2013News Story: Paper or Plastiq?
This year, Canadians have a new option for paying taxes: Plastic (credit card). Jamie Golombek reports in “Will that be Cash or Plastiq?” Plastiq Inc., an online payment provider headquartered in Boston, MA, announced in March that Canadians can now pay their personal income tax to the Canada Revenue Agency with any credit card. This option is not only convenient (in comparison to using a…
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May 2013Doors Open Toronto
Toronto holds a lot to be discovered in terms of everything from architecture to culture. Even residents who have lived in the great city their entire lives probably haven’t stumbled upon all of its hidden gems. However, the Doors Open Toronto event is a great opportunity to explore the city. Doors Open Toronto is an annual festival that was first held in 2000 and is…
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May 2013What Will Happen To The Family Business After Your Death?
Estate planning can be a complex and difficult series of decisions. Not only does it ask one to consider his or her own mortality but also to decide who should get the things acquired after a lifetime of work. However, when a family business is involved, the estate planning process can take on a whole new dimension. Will you leave the business to your children…
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May 2013Toronto Science Rendezvous
If you consider yourself a bit of a “nerd” or just want to enjoy a free educational event, make sure you don’t miss out on Science Rendezvous this year! Science Rendezvous is a unique event; it is the only national science festival hosted by 40 of Canada’s top institutions over a period of just one day. The goal? To reinvigorate the interest of Canadians (especially…
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Apr 2013Better options for giving to charity than through your will
For many Canadians, philanthropy is an important part of their legacy—myself included. Unfortunately, when planning how they will give to their preferred charities, many individuals and families do not realize that they can maximize their impact. And the failure to do so means that these well-meaning people are paying needless taxes and are minimizing the amount that they could be giving to the causes closest…
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Apr 2013Big 6 banks in Canada deemed “too big to fail”
Federal regulators have recent deemed Canada’s largest banks “too big to be allowed to fail for the country,” according to a recent article by The Canadian Press. The classification was given based on a framework from the Basel committee on banking oversight, which guides the assessment of Canada’s financial institutions, reported the Office of the Superintendent of Financial Institutions (OFSI).