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What is a TFSA Account?

Investing is always hard; there is an overwhelming amount of options from TFSA, RESP, RRSP, Life Insurance, Etc. How does one determine what to chose? A good start for novice investors is opening a TFSA account. A TFSA account put shortly is a “Tax Free savings account”. An easy way …

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Should I open an RESP Account for my Child?

Save Money

The quick and short answer is simply yes! This is a no brainier for the vast majority of parents. This is basically free government money; so why not take advantage of it? How exactly does an RESP account work and what is the amount that should be contributed in order …

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Sales Slowing Down in North Vancouver

The newest Real Estate Board of Greater Vancouver (REBGV) report showed that total active listings increased in September. This helped to balance the demand-supply radio. In addition, apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical …

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What is an RRSP account?

What is an RRSP?

What is an RRSP account?   What  RRSP Is? A Registered Retirement Savings Plan, or RRSP, is a special sort of investment account designed to assist Canadians keep for retirement. The principal gain of an RRSP account, compared to a everyday investment account, is the tax benefits it gives. We’ll …

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What is a bull and bear market?

What is Bear and Bull?

What is a bull and bear market?   Almost every day in the investing global, you’ll hear the terms “bull” and “bear” to explain marketplace situations. Because the direction of the marketplace is a first-rate force affecting your portfolio, it’s essential which you realize precisely what the phrases symbolize and …

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Canada October Interest rate announcement

Bank of Canada

The BOC (Bank of Canada) has a media lock-up planned for October 24, 2018. The briefing will be held at the BOC’s headquarters in Ottawa. Reporters will be given the privilege to review the rate announcement, report and press release. Last meeting on September 5, 2018 the BOC decided to …

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