Do I Need Critical Illness Insurance?

Do I Need Critical Illness Insurance?

Do I Need Critical Illness Insurance? Nobody plans to get diagnosed with a critical illness in their lifetime. We’re all going to be perfectly healthy and live to meet our great-great-great grandkids, right?  The statistics on critical illnesses in Canada underscore a...
When Should I Buy Life Insurance?

When Should I Buy Life Insurance?

The question of when to buy life insurance might seem as complicated as assembling a piece of IKEA furniture without instructions. Yet determining the best time for life insurance is actually more straightforward than you think. The secret is that there’s...
Impact of Higher Capital Gains Inclusion Rate on Financial & Estate Planning

Impact of Higher Capital Gains Inclusion Rate on Financial & Estate Planning

One change proposed in the April 16, 2024 Federal Budget is raising the inclusion rate on capital gains from 50% to 66.7%. For individual taxpayers, the initial $250,000 of capital gains remains taxed at the 50% inclusion rate. However, for corporations and trusts,...