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How to Start a Small Business in Canada

| May 10, 2016 | 6 Comments
How to Start a Small Business in Canada

      How to Start a Small Business in Canada     Canada is a great country for entrepreneurship. There’s a thriving business community, government support, and best of all, consumer demand for all sorts of things. If you are sick of your 9 to 5 job at a boring company, perhaps it’s time […]

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Mortgage Application Checklist For First Time Home Buyers

| April 18, 2016 | 8 Comments
Mortgage Application Checklist For First Time Home Buyers

  Mortgage Application Checklist For First Time Home Buyers If you have a dream about owning your own home and applying for a mortgage then you may be a bit nervous when beginning the process. While having your own home is just about every family’s dream the high prices and paperwork involved can be overwhelming. […]

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Buying Life Insurance: A Shopping Checklist

| March 22, 2016 | 3 Comments
Buying Life Insurance: A Shopping Checklist

  Buying Life Insurance: A Shopping Checklist When shopping for term life insurance, you want to find the right amount of insurance coverage at a reasonable price with a company you can trust. But for many people, getting started is the hardest part. That’s where the following Life Insurance Checklist can help. 1. What you […]

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Whole Life Insurance – Coverage for Life

| January 19, 2016 | 3 Comments
Whole Life Insurance – Coverage for Life

Whole Life Insurance – Coverage for Life Whole life insurance, also known as “cash-value” insurance is a basic and consistent type of permanent life insurance which remains in effect your entire life at a level premium. This life insurance is a good choice got you if you do not expect your life insurance needs to […]

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4 Tips on Saving Money During the Holidays

| December 8, 2015 | 3 Comments
4 Tips on Saving Money During the Holidays

 Saving Money During the Holidays   With the hype that holidays usually bring, people always have the tendency to buy more and spend more without taking into account the consequences that their actions can bring. Hence, it does not necessarily mean that because it is the holidays you have all the reason in this world […]

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Make a Plan to Save for your Child’s Education! #CDNmoney #EduSaveWeek #FLM2015

| November 15, 2015 | 3 Comments
Make a Plan to Save for your Child’s Education! #CDNmoney #EduSaveWeek #FLM2015

No matter what career a child has for their future, parents want to do everything they can to help their child realize their dreams. One thing parents can do to help their children achieve their goals is to save money for their educational future. Not sure what to do to put money away until your […]

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Saving for Your Child’s ‘Someday’ is Easy with #RESPwithRBC and Contest!

| September 25, 2015 | 1 Comment
Saving for Your Child’s ‘Someday’ is Easy with #RESPwithRBC and Contest!

Saving for your child’s ‘Someday’ is an important step for parents to make to help save money for their child’s post-secondary education. Figuring out how to save for these goals can be daunting, and a Registered Education Savings Plan (RESP) is one way to do it. Participants of the #RESPwithRBC Twitter Party received a lot […]

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Economic Cycles – The Stock Market Roller Coaster

| September 8, 2015 | 5 Comments
Economic Cycles – The Stock Market Roller Coaster

Make sure your seated and secured, get ready for a wild ride. With the biggest stock market drop in 4 years a couple of weeks ago caused by China’s central bank may have gotten your heart rate going again and have you checking your RRSP balance every hour.  The sky is not falling people, it’s […]

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Saving to Make Your Child’s ‘Someday’ a Reality! #RESPwithRBC

| September 2, 2015 | 2 Comments
Saving to Make Your Child’s ‘Someday’ a Reality! #RESPwithRBC

Parents are always looking out for their children, no matter how old they are. A post-secondary education is a dream that I have for my children’s future. It is great to have dreams, but how, as a parent do I go about making these dreams, like college or university, a reality? I know one way […]

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Summer School – Financial Tips for New Grads

| August 11, 2015 | 8 Comments
Summer School – Financial Tips for New Grads

Congratulations!  You’ve finished  several years of hard work and are excited to be out on your own.  No more teachers, no more books (well I hope not, you should keep reading) and ready to take on the world. Hopefully you’ve landed a great job to start yourself out, and your future is looking bright!  With […]

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Cottage Insurance – How to Take Care of the Tax Liability When Transferring it to Your Children

| June 23, 2015 | 3 Comments
Cottage Insurance – How to Take Care of the Tax Liability When Transferring it to Your Children

With the school year almost over and the long cold winter finally over (knock on wood), most of us our planning what to do this summer with the family. For some of you that means spending time enjoying the family cottage – campfires, swimming and mosquitoes. But what about future summers? When it comes time […]

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What to Expect When You’re Expecting a Paramedical Exam

| April 28, 2015 | 5 Comments
What to Expect When You’re Expecting a Paramedical Exam

Regardless of whether you’re purchasing a term or permanent life policy, you will probably have to undergo a life insurance medical exam. Unless you’re relatively young, applying for a very small policy or non-medical life insurance, it’s almost guaranteed that you’ll have to go through a paramedical. Usually, these tests are performed by paramedical professionals […]

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What is Underwriting?

| February 18, 2015 | 3 Comments
What is Underwriting?

Underwriting is a necessary evil in the insurance industry. Necessary, because insurance companies need to assess your probability of making a claim before they go ahead and give you insurance. If they didn’t do underwriting they would have too many people make too many claims and would not be able to sustain themselves as a […]

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Arghhh, Protect your Business, Your Crew and Yourself

| December 9, 2014 | 5 Comments
Arghhh, Protect your Business, Your Crew and Yourself

When you own a business in Ottawa things can go wrong that will impact you and your partners, your family and your crew.  You’re the captain, so when it comes to your business, you have both hands on the wheel at all times. You need your staff to run the operation, but the really big decisions fall on your […]

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Money for Life – Annuities What Are They and How Do They Work?

| October 28, 2014 | 3 Comments
Money for Life – Annuities What Are They and How Do They Work?

When it comes time to finally retire and start living the good life how much money are you going to need and how long do you need it to last so that you can do the things you want to do? According to World Health Statistics in 2014 the average male will live to age […]

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Why It’s a Good Idea to Put Off Buying Life Insurance

| October 7, 2014 | 4 Comments
Why It’s a Good Idea to Put Off Buying Life Insurance

According to a TD Insurance Risky Business Poll 31% of Canadians do not have life insurance and 40% of them say they don’t think it’s necessary.  One-third of Canadians worry they aren’t adequately protected by their insurance policies. What I hear most often when sitting across from people, people with kids and other liabilities is […]

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Who Gets Your Life Insurance?

| September 22, 2014 | 9 Comments
Who Gets Your Life Insurance?

The one thing you can count on in life is change. From getting married and having kids to getting divorced, then remarried and gaining step-children. The one thing that sometimes doesn’t get changed are the beneficiaries on your life insurance policy.  The main reason you have life insurance is to make sure your loved ones […]

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Love the Savings and Rewards with my CAA Membership!

| September 18, 2014 | 7 Comments
Love the Savings and Rewards with my CAA Membership!

CAA Membership definitely offers amazing savings and rewards to its members! I am a recent Member thanks to CAA Spot the Partner Campaign and have already taken advantage of CAA’s loyalty program by shopping locally, but Members can also use their Membership card worldwide including 110 000 retail locations in North America. From shopping, dining, hotel accommodations, entertainment, […]

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What Happens When You Die Without a Will?

| August 5, 2014 | 8 Comments
What Happens When You Die Without a Will?

A 1993 survey by the Trust Companies Association of Canada found that only half of all Canadians 18 years of age and older have a valid will. This means that half of all Canadians are at risk of dying intestate or without a will. Intestate also refers to the individual who dies without a will. […]

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Income Splitting with a Spousal RRSP

| July 7, 2014 | 2 Comments
Income Splitting with a Spousal RRSP

A spousal RRSP can be an effective income-splitting tool. It allows the spouse who is in the higher tax bracket to claim the deduction, while providing retirement income to the other spouse, which could reduce taxes when the money is withdrawn during retirement. To be deductible, the total of all amounts that you contribute to […]

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How to Find the Right Financial Advisor for Your Family

| May 16, 2014 | 12 Comments
How to Find the Right Financial Advisor for Your Family

When I meet with a family for the first time it’s kind of like a first date, we’re both a little nervous and excited, we are worried about first impressions and we hope this is client/advisor of our dreams.  We ask the usual get-to-know you questions such as how long have you lived in Ottawa, […]

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Pimp your Life Insurance Policy with Riders

| April 15, 2014 | 1 Comment
Pimp your Life Insurance Policy with Riders

When buying a life insurance policy there are additional protection options you can add to customize it for your needs. When I meet with someone for the first time I ask a lot of questions about them and their needs so that I can make a recommendation to cover all  of their liabilities (some they […]

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Protect Your Biggest Liability – Your Home

| March 7, 2014 | 5 Comments
Protect Your Biggest Liability – Your Home

The majority of the families I meet with think they have their biggest liability (their home) covered with mortgage insurance that they got from their lender. The problem I find is that typically the person selling the mortgage never took the necessary education, training and licensing to sell life insurance and are not qualified to explain a […]

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