Archive for March 2024
Home Equity in Retirement – Reverse Mortgages vs HELOCs vs Downsizing
Many retiring Canadians have a huge chunk of their net worth tied up in their housing equity. Deciding whether to tap into that housing equity through a reverse mortgage or a home equity line of credit (HELOC) as they transition through different phases of retirement can be a tricky decision. The alternative option of selling a…
Read MoreWays to Maximize the Canada Child Benefit (CCB)
Most Canadian parents don’t understand how they maximize their Canadian Child Benefit (CCB) and get paid thousands of government dollars every year! We’ve been receiving this benefit since the Trudeau administration has been in power (2016), and I’m always tinkering with ways to max out this benefit. It’s worth my time since the CPP clawback…
Read MoreThe Best Credit Unions in Canada 2026
Canadians have more choice than ever when it comes to where they keep their money. When you try to compare the Big Six banks and a growing crop of online banks such as EQ Bank, to my list of best credit unions in Canada – it’s hard to keep the comparison “apples to apples.” Most…
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