Scotia McLeod™

You may contribute to your RRSP until December 31 of the year in which you reach age 71. The following limits and deadlines apply annually.

The fall of 2008 was a period of unprecedented volatility in world equity markets. Investors in Canada and around the world saw significant change to their portfolio value, sometimes in a single day. However, while short-term upheavals may scare some…

Despite a slowing world economy, inflation has become a threat in a number of countries, including Canada. But, while attention is focused on monthly inflation figures, it’s important to understand what they mean, and how they affect your finances.

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With a cooling housing market and uncertainty about the direction of interest rates, there’s much to think about if you’re buying a larger home, downsizing to a condo in the city, or even helping your children with their first purchase.…

You’ve spent many years saving and investing for retirement, in line with your objectives and risk tolerance. But when was the last time you stepped back and asked yourself how you want to spend your retirement? Perhaps you’ve developed a new interest or are keen to change…

Each year, whether bull or bear market there are opportunities to crystallize losses for tax purposes in non-registered accounts. Needless to say, the list of potential candidates this year is extensive.

Five brief months ago, the TSX Composite Index was…

Beginning next year, Canadian investors will be able to deposit $5,000 each year into a new tax-free savings account (TFSA). 

How it works. Deposits into your account are not tax-deductible. However, any interest or investment earnings, including capital gains, are not subject to tax. As well,…