Financial Library

On May 25, 2009 Finance Canada announced some proposed changes to how Canada Pension Plan will work.   If approved, the changes will take effect over a period of time …

Ralph and Louise have seen the TV commercials featuring Gordon Pape, the financial author, as the spokesman for Canadian Home Income Plan Corp. (CHIP) reverse mortgages. They were wondering if …

The newspaper headlines read: ‘Roller coaster stock markets have investors feeling queasy’ (The Globe and Mail; ‘The stock market crash: History repeating itself?’ (The Calgary Herald); ‘Uncertainty continues to pummel …

It’s been a long and volatile quarter in the financial world. Markets are taking most investors on a wild and sometimes frightening ride, the news about corporate failures and bailouts …

The Tax-Free Savings Account (TFSA) was introduced in the February 2008 Federal Budget and will be available January 1, 2009. It is touted by the Government of Canada as ‘the …

Roger and Linda are approaching their retirement. With continuing volatility in the markets, they are concerned about what effect a market downturn in the few years leading up to or …