Jul 13, 2023 | Latest News
In a move that caught many by surprise, the Bank of Canada has raised its benchmark interest rate by 25 basis points, reaching levels not witnessed since 2001. The decision comes as the central bank expresses fears that the recent decline in inflation could...
Nov 12, 2018 | Latest News
Both the maximum pensionable earnings and RRSP dollar limit have increased The Canada Revenue Agency has announced that the maximum pensionable earnings under the CPP for 2019 will be $57,400, up from $55,900 in 2018. Contributors who earn more than $57,400 won’t be...
Sep 5, 2018 | Latest News
In the absence of significant changes to the economic picture, the Bank of Canada is expected to hold the interest rate on Wednesday, while the U.S. and Canada are also expected to report continued job growth. National Bank is forecasting the BoC will maintain the...
Jul 21, 2018 | Latest News
The national housing agency is providing more guidance to lenders Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage. The national housing agency says it’s giving lenders more guidance and...
Jul 14, 2018 | Latest News
For people with disability please be informed about new changes for the DTC and RDSP suggested by Senate Committee. Please track the information about these changes on my website. Senate committee suggests the federal government should do more to ensure people who...
Jul 13, 2018 | Latest News
Strong jobs numbers in June, steady wage growth and rising inflation have led to heightened expectations that the Bank of Canada (BoC) will raise its target for the overnight rate Wednesday, to 1.5% from 1.25%. Listen to the full podcast on AdvisorToGo, powered by...