233,000 Canadians retired in 2020, and 307,000 retired over the last year
A year after “The Great Resignation,” where large numbers of workers of all ages left their jobs, a new trend is now emerging. It’s called “The Great Retirement.” Statistics Canada has reported that 233,000 Canadians retired in 2020, and 307,000 retired over the last year. That’s a record number of Canadians between 55 and 64…
New or enhanced federal tax credits for surrogacy, first-time home buyers, and renovation expenses for multigenerational households moving ahead
Planning for the future can have many benefits if you know what’s up for grabs and can take advantage of programs and incentives. The federal Liberal government’s plans for new or enhanced tax credits for surrogacy, first-time home buyers, and renovation expenses for multigenerational households are moving ahead. The federal Department of Finance recently announced…
And putting your parents' future financial security at risk?
Inflation and supply chain issues are putting affordability matters at the forefront for Canadians. People worry about the cost of childcare and entering the housing market. People planning for retirement or already in retirement worry if they have enough to live the lifestyle they hoped. The Bank of Canada has warned that the low rates…