To be an Islander or not to be an Islander?

While I am far from a poet, I would consider myself an Islander, having spent the first quarter century of my life on Vancouver Island. In 2012, following the completion of my Business Degree, my wife Jackie (girlfriend at the time) convinced me to hop the pond and move to Vancouver with her. In hindsight, it was one of the best decisions that I’ve ever made, but at the time I only agreed with a fuss. That is in […]

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Pension Income Splitting: Can It Make a Difference?

Tax season is here! If you have eligible pension income, there may be an opportunity to split income with a spouse/common-law partner. But just how much of an impact can this make?  
For tax purposes, up to 50 percent of eligible pension income can be split with a spouse.
Eligible pension income is determined by the recipient’s age and the nature of the income. In general, under age 65, it includes amounts received from a registered pension plan.* Over age 65, it […]

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A Global Perspective: Where Does Canada Stand?

We may sometimes forget that the Canadian equity markets are small. Just how small? Canada’s equity markets represent less than 3 percent of the world’s total equity market (by market capitalization) and we rank as the 6th largest in the world.1 The largest, our neighbour to the south — the United States — represents around 42 percent of the worldwide equity markets.
When it comes to investing, in the past Canadians often had a home bias. Remember that until 2005, the federal government […]

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Diversify Investments for an Unknown Future

I WILL NOT try to predict the future or listen to those who claim they can. Whatever happens next is anyone’s guess. I can take comfort in knowing that I am properly diversified.
Living up to our “wet-coast” reputation, it rains nearly every second day on Vancouver Island. Although, rainfall and sunshine generally don’t alternate, forecasting the weather is extremely difficult – especially over longer periods of time. I have no idea if it is going to rain on this […]

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