Why paying off your mortgage is a smart move

It’s time to pay off your mortgage, writes Peter Watson. For many years historic low interest rates encouraged people to borrow. Those days have passed. Depending on your mortgage details, your interest rate has already increased or likely will soon. Paying off your mortgage is a good idea, especially before you retire. During retirement your […]
RRSP contribution season – it’s that time of year again
We are nearing the end of the RRSP season where Canadians flock to their financial advisor or financial outlet and make an annual contribution to their Registered Retirement Savings Plan. This multi-decade ritual seems to be changing. But first let’s review the basics. An RRSP allows a Canadian to contribute an annual amount based on […]