Investing your personal finances can feel overwhelming. To help, we’ve created a series of articles covering key topics to keep in mind, so you can plan successfully for your future.
Dos and Don'ts: How to get the most out of your RESP
Want to use an RESP, but aren't sure where to start? Here are a few things to know about this education savings account.
Family RESPs: Education savings for multiple kids
Using a registered education savings plan (RESP) is a great way to save for a child’s university. But what if you have more than one kid? Consider the family RESP.
Is investment television news negatively impacting your portfolio?
While the always-on business stations are fun to watch, their main objective is to gain viewers and increase profits. So, be careful about following what the financial gurus say.
RRSPs versus mortgages: What should you pay down first?
It’s an age-old question—slash your house payments or save more money? Here’s how to decide.
6 things you need to know about being an executor of your parent’s estate
While anyone can be designated as an executor, the responsibility usually falls to the adult children of a parent who has passed away. Here’s the scoop on what the job entails and how to do it well.
When should I start collecting CPP and OAS?
While most people start collecting CPP and OAS payments at age 65, Canadians are able to receive payments as early as age 60 or as late as age 70.
Wealth Planning Facts & Figures 2019
A summary of key tax, retirement, estate, and other financial planning information for 2019.
5 ways to trim your tax bill in retirement
You want to enjoy your retirement, not stress over hefty tax bills. Here’s how to help make sure income tax doesn’t impede your late-in-life plans.
How to donate securities to charity
Many people prefer to give securities over cash to their favourite foundations and non-profits. Here’s how it works.
How to buy property in the United States
If you want to invest in a stateside property to escape Canadian winters, here’s what you need to know.
Why you need a charitable giving plan (and how to create one)
Most of us give to charity by cheques, but that may not make for good long-term giving. A giving plan can help.
The real cost of elder care
Many Canadians will, at some point, have to take care of an aging parent. Here’s what you might have to spend.
How a tax plan can help boost your savings
Seven ways a strategic tax plan can leave more money in your pocket.
Stop making these 5 financial planning mistakes
We all can make money-related missteps. Here are five common ones to watch out for.
Wealth Planning Facts & Figures 2021
A summary of key tax, retirement, estate, and other financial planning information for 2021.
Five financial learnings from 2020 to take into 2021
Learn from 2020 and come out financially stronger in the New Year.
TFSA & RRSP Contributions: What you need to know
Key information about contribution amounts, deadlines, and ways to contribute.
Can you claim home office tax deductions during COVID-19?
It may be possible to write off some home office expenses, but you’ll need your employer’s help.
Should I hire a corporate executor to manage my estate?
There are situations where hiring a professional to manage your estate is better than enlisting a loved one.
How to build an emergency fund
Everyone needs one. Here’s how to set money aside.
Why entrepreneurs should consider using this lesser-known retirement account
Individual Pension Plans are ideal for business owners who are at least 40 years old and earn more than $100,000 a year.
How much life insurance do you need?
Here’s how to calculate how much coverage will protect your family
Make your family’s estate planning conversations go smoothly
Estate discussions are some of the most difficult conversations to have. Here are some ideas on how to have a productive talk with your family.
How to pay less tax when you sell your cottage
You may have to pay capital gains tax on the sale of a second home. Here’s how you can keep more of that money in your pocket.
How beneficiaries really work
It can be a good idea to name a beneficiary on your registered accounts, instead of just in a will.
2021 LIF withdrawals: What you need to know
Minimum and maximum withdrawal percentages for LIF and RLIF accounts by province.
Understanding Your Registered Retirement Income Fund (RRIF)
Everything you need to know about RRIFs.
5 things you should know about your RRSP
With the 2021 RRSP deadline coming up on March 1st, here are five lesser-known facts about the account to keep in mind.
The benefits of diversification
A diversified portfolio and a long-term strategy can better-shield investors from unpredictable changes in the market.
Here’s what happens if you overcontribute to your RRSP and TFSA
There are limits as to how much you can invest in a registered account, so keep an eye on it to avoid being penalized by the CRA.
What a low interest rate environment means for you
The Bank of Canada’s rate is, once again, at historically low levels. Here’s what that may mean for you.
A guide to adding government contributions into your RESP
The Canada Education Savings Grant (CESG) is a helpful option to boost your education savings. Here’s how to collect.
How to keep investing in retirement
Just because work ends, doesn’t mean you should stop investing.
How to use non-registered accounts
There’s more to investing than the RRSP and TFSA.
How compound investing works
It’s one of the most important financial concepts to understand and leverage to reach your financial goals.
Useful investments for short-term savings
People don’t just have long-term goals. It's important to save properly for your immediate needs, too.
How to set your investment goals
Setting objectives and creating a plan is easier said than done. Here’s how to get started.
When should you hold on to cash in your portfolio?
Generally, keeping money in cash or low-yielding investments can hurt your portfolio. There are some situations, though, where cash comes in handy.
The Mawer tax effective strategy
A tax-effective approach to investing makes sense because it can minimize taxes and provide investors with the ability to compound those savings in future years.
Balanced Fund vs. Tax Effective Balanced Fund
The Mawer Balanced Fund and the Mawer Tax Effective Balanced Fund hold the same allocation of securities. The primary difference lies in the minor variances in tax strategies applied within the Tax Effective Fund.
Evolution of the Mawer Global Balanced Fund
The Mawer Global Balanced Fund leverages our global equity platform for capital allocation, combined with an innovative “stock by stock” approach to risk management in order to improve portfolio resiliency.
Why Mawer Mutual Fund returns may deviate from the market
A common question from investors is, “Why are my fund’s returns different from the market?” There are a few factors that make it misleading to look at the markets and then expect to see a mirrored reflection in your fund.