Our friends at Statistics Canada released an interesting study this week called “Delayed Retirement”. (Thanks to Richard Cloutier of CJOB for pointing it out to me.) It shows that Canadian 50-year old man and women can expect to work on average 3.5 years longer than they would have expected to work in the mid-1990’s.
As well, [...]
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Canadians are working longer …what’s that mean for you?
By David Christianson, BA, CFP, R.F.P., TEPTags: Retirement
Categories: Retirement
Capital loss planning
By David Christianson, BA, CFP, R.F.P., TEPIt is not quite year-end, but you still might want to start your preparations for your annual year-end tax planning activities.
Speeding up the festivities this year was a terrible summer on the stock markets, leaving several adventurous sectors down significantly. This may be your opportunity to take advantage of capital losses in order to reduce [...]
Tags: Capital losses, income tax
Categories: Investing
Are Canadian mutual fund fees too high?
By David Christianson, BA, CFP, R.F.P., TEPIn Canada, we have been accustomed for years to paying more for the same items than Americans.
But paying two and a half times as much for mutual funds? There must be something wrong there.
And there is something wrong, when Morningstar.ca recently concluded that the average fund Management Expense Ratio (MER) in the US is 0.94% [...]
Tags: Mutual Funds
Categories: Investing
Tax for US expats
By David Christianson, BA, CFP, R.F.P., TEPDavid,
I’m a US tax preparer with many expat clients — mostly in Latin America, a few in Canada. One of my contacts sent me two of your articles from the Winnipeg Free Press. They are excellent, and I hope you won’t mind if I pass them on: I, like many others, have been flooded with [...]
Tags: US tax filing
Categories: Tax - current issues, US Citizens
Can Canadians learn a lesson from Europe?
By David Christianson, BA, CFP, R.F.P., TEPIMF warning on personal debt should be heeded
With Greece on the verge of debt default and other European countries threatening to follow, it was a little ironic this week to hear the International Monetary Fund issue a warning that Canadian household debt is getting too high.
After all, aren’t we the poster children for financial prudence [...]
Tags: Consumer spending, Interest rates, Mortgages
Categories: Market Commentary














