The Greater Toronto Area real estate market has officially dipped below the $1 million mark for the first time in five years, with the average selling price for all home types landing at $973,000 last month. This contraction represents a 27% price decline from the market’s all-time peak in February 2022. I’ve heard many people […]
The RSP contribution deadline for the 2025 tax year is Monday, March 2, 2026. Contributions made by this date can be deducted from your 2025 taxable income. The maximum contribution limit is 18% of earned income, up to $32,490. Depending on your personal situation, it doesn’t always make sense to contribute. Contributing to an RSP […]
In the world of behavioral finance, there is a well-documented phenomenon known as loss aversion. Nobel Prize-winning psychologists Daniel Kahneman and Amos Tversky found that the pain of a loss is psychologically twice as powerful as the joy of an equivalent gain. Statistically, most investors require at least a 2-to-1 gain to offset the emotional […]
Our investment in Canadian Utilities (“CU”), which delivers gas and electricity, in November 2023 was based on a straightforward premise: its attractive 5.7% dividend yield positioned it as a prime beneficiary of anticipated interest rate cuts. We believed falling rates would naturally enhance the appeal of high-yielding dividend stocks like CU for income investors seeking […]
