Irene Vassalo |
On Monday, April 19, 2021, Deputy Prime Minister and Minister of Finance Chrystia Freeland presented the 2021 Federal Budget which contains several measures of interest to IG Wealth Management and its clients. This summary contains highlights of these proposals, which are not yet law.
A core component of your retirement plan is the CPP retirement benefit (or Québec Pension Plan for Québec residents, which mirrors many aspects of the CPP). CPP offers flexibility as to when payments can begin, which affects how much you could receive. Familiarizing yourself with CPP provisions can help you decide when to start payments and optimize the benefit throughout your retirement.
The impact of COVID-19 has reinforced that having a holistic view of your financial life is more important now than ever before. A well-constructed financial plan which allows you to monitor your goals, and change accordingly, is the key to establishing your financial confidence and well-being.
Separating from a spouse or common-law partner can be an emotionally difficult and complicated experience. Relationship breakdown is also one of the most significant, and often unexpected, financial planning risks a person can face. That’s why it’s critical that you understand how a separation or divorce may affect your financial well-being and succession plan.
IG PRIVATE WEALTH MANAGEMENT |
Canada Life, IGM Financial and Power Corporation of Canada announce a $1 million joint contribution to support crisis relief efforts in our communities. The funding will support immediate needs of local and national foodbanks, which are struggling to cope with increased demand.
IG PRIVATE WEALTH MANAGEMENT |
If you’re like most unincorporated small business owners, you’re likely contemplating these thorny questions: Should I incorporate? If so, when’s the best time? If not, why not?