In its latest federal budget, Ottawa proposed changes to the capital gains tax rules for wealthy individuals and corporations. Nicole Ewing, Director, Tax and Estate Planning, TD Wealth, joins Greg Bonnell to discuss how this budget could impact your finances.
Following two difficult years, the need for giving continues to grow, in Canada and across the world. For those who would like to make philanthropy a part of their legacy, here are seven key considerations (and surprising tax benefits) you should be aware of.
Leaving a lasting legacy for your family can involve careful planning and a team of professionals. Here are five questions that can help get you started.
Q: My dad is in his 70s and has mentioned moving in with his new girlfriend. Should we be concerned about protecting his assets if the relationship gains common-law status?
A doctor? A lawyer? Maybe a software engineer? Who knows what path your child may pursue. We break down the economics of some popular career paths so you can ask: How can I help?
Many people have heard of the Registered Education Savings Plan (RESP), but not everyone knows how it works. Here are some of the ins and outs of this registered account.
The Bank of Canada has lowered its benchmark interest rate to 4.50%, as inflationary pressures continue to ease. Andrew Hencic, Senior Economist at TD, speaks with Anthony Okolie, Lead Reporter at MoneyTalk Live about the central bank’s decision, the state of the economy, and the path forward for rates.
With two cuts by the Bank of Canada now on the books, attention is shifting to the upcoming September meeting. Andrew Kelvin, Head of Canadian and Global Rates Strategy at TD Securities, explains why he believes even if a September cut doesn’t happen, the benchmark rate is likely to fall to 4% by the end of the year.
When interest rates move lower, you may wonder how your finances will be impacted, both now and in the future. What does it mean for people with mortgages, savers or the recently retired? Nicole Ewing, Director, Tax and Estate Planning, TD Wealth, joins Kim Parlee with some ideas to help manage the changing environment.