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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).
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Apr 2013Toronto Art Expo offers exciting finds
One of the most-loved art events in Toronto, the Toronto Art Expo offers guests the opportunity to explore a myriad of captivating works of art. The expo, which attracts art connoisseurs from across the globe, will feature works from over 200 Canadian and international artists and galleries. Several of this year’s “must-see” works include “A Touch of Glass & Stone, Metal & Wood: Sculpture North,”…
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Apr 2013Toronto Silent Film Festival brings silent films to life
The Toronto Silent Film Festival is more than the average trip to the movie theatre: it is a unique, thrilling artistic experience. Each year, the six-day festival shows some of the most outstanding silent films throughout history. At each of these screenings, the films are accompanied by live, improvised music performed by talented musicians. Following the sweeping success of the Oscar-winning silent film The Artist,…
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Mar 2013The Water Czar: R.C. Harris Works for Toronto, 1912-45
March is the last chance to visit this fun exhibit, The Water Czar: R.C. Harris Works for Toronto, 1912-45. The exhibit is open Tuesday-Friday from 10 a.m. to 4 p.m. and Saturday from 9 a.m. to 4 p.m. at the City of Toronto Market Gallery. Admission to the event is free, but donations are suggested. The exhibit follows R. C. Harris’s “unmatched 33-year career as…
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Mar 2013Ratings Cut for Six Canadian Lenders
Moody’s Investors Service has cut the ratings of six Canadian lenders, “due to concerns about rising consumer debt and high housing prices,” according to Yahoo! Finance. Moody’s cut the “Aaa” rating of Toronto-Dominion Bank, which was not expected. Toronto-Dominion, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, and Caisse Central Desjardins were all downgraded in Moody’s most…