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A niece takes care of her uncle as power of attorney, is not his estate trustee.

Ask MoneySense

When does the role of power of attorney end—and estate trustee begin?

There are various roles for estate planning, including the POA and the estate trustee. Find out the difference between...

When does the role of power of attorney end—and estate trustee begin?
A woman's face is illuminated by the glowing lights of a computer system

Ask a Planner

Can you trust AI with financial advice?

Advancements in artificial intelligence have accelerated and are a hot investing topic. Can AI give financial advice you...

Can you trust AI with financial advice?
A customer leaves a tip at a restaurant in Canada using a POS machine.

MoneyFlex

How much should you tip at restaurants in Canada?

“Tip-flation” is driving up tip amounts at restaurants, cafés and other businesses. Are they asking too much? Here’s what...

How much should you tip at restaurants in Canada?
A phone bursting with tech emojis to symbolize tech taking over telecom

Investing

Making sense of the markets this week: July 30, 2023

Big tech still “magnificent” as telecoms disappoint, credit card giants trounce crypto and economic pessimists, U.S. Fed hike is...

Making sense of the markets this week: July 30, 2023

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Friends together enjoying a coffee, as the topic of spending on experiences and affordability comes up

A Rich Life

Spending money on experiences—be honest, can you really afford it?

Canadians are focussing on spending on experiences over material things. But is that the right way to spend our...

Spending money on experiences—be honest, can you really afford it?
A woman in semi-retirement working from home, not looking stressed at all.

Retired Money

Is semi-retirement stressful? You bet—here’s what to do about it

In semi-retirement, reducing stress may be more important than generating that extra taxable revenue. Here’s one way to say...

Is semi-retirement stressful? You bet—here’s what to do about it
Son moves into rental condo that he owns with his parents. They wonder if they owe capital gains.

Ask a Planner

When your child moves into your rental property: Capital gains and how to claim principal residence exemption

When an adult child moves into their parents’ rental property, the family should be clear on a few things,...

When your child moves into your rental property: Capital gains and how to claim principal residence exemption
JPMorgan high rise, to symbolize bank earnings from high interest rates

Investing

Making sense of the markets this week: July 23, 2023

Banks love high interest rates; Tesla and Netflix accelerate earnings, and have your investing returns been inflated away?

Making sense of the markets this week: July 23, 2023

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A woman considers whether or not to pack a shirt as she prepares to move

Ask a Planner

Should you use the RRSP Home Buyers’ Plan on a mixed-use property?

You can withdraw from your RRSP to purchase a mixed-use property through the HBP. However, transferring funds to a...

Should you use the RRSP Home Buyers’ Plan on a mixed-use property?

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