Archive for February 2021
Insurance and Wills for Canadian Expats
When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up as “the most common mistake amongst expats” was insurance. As the least sexy topic in a field of study not known for being particularly sexy, insurance has long been the forgotten dance…
Read MoreSpousal RRSP, What is it? How does it work?
Marriage, in many ways, represents a union of two people as a single unit. But under the Canadian tax system, those two people are still treated as individuals. Each individual is taxed progressively based on his or her own income. The higher income earner pays a higher tax rate than the lower income earner. This…
Read MoreIndexed Family Education Fund (RESP) Portfolio Update – 2021 Edition
Welcome to the annual Registered Education Saving Plan (RESP) update where I show transparency on our indexed investment strategy to help pay for our children’s future education costs. What is an RESP? At a high level, an RESP is an investment account for future post-secondary students and stands for Registered Education Savings Plan. It can…
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