With interest rates on rising, many homeowners with mortgages are looking
for ways to reduce their debt or at least make it more tax efficient.
Luckily, there is a way to do this for those who have a substantial amount
tucked away in their Registered Retirement Savings Plan (RRSP).
Managed by the Dynamic team of Oscar Belaiche (who has a 17-year history
with the fund) and Jason Gibbs, the
Dynamic Dividend Fund aims for a stable monthly income stream with the potential for some capital
growth.
It’s been almost three years since our last blog on the European Succession
Regulation. It seems timely to check the pulse and see what impact it is
having on estate planning and administration for Canadians with European
Union (EU) connections.
So it’s on. The trade war we all feared but hoped would never happen has
exploded. Who knows where it will end? The world has not seen anything like
this since the 1930s when President Herbert Hoover signed the Smoot-Hawley Tariff Act. That set in motion a series of
international retaliatory actions that slashed U.S. exports by 61% and
imports by 66% between 1929 and 1933. And what did that do for the U.S.
economy? Gross national product dropped 46% in that period. The
unemployment rate in that country rose from 8% at the time the Act was
signed to 25% four years later.
Q
– My fiancé and I are planning our wedding this summer. We’re both career
professionals and we’re financially secure. Do you have any advice on the
best way to plan our financial affairs as a couple? We think a financial
professional would be the best way to go, but what should we be asking
them? – Sheri L., Burlington, Ontario
