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Investing

What is a capital loss?

When you sell an investment, you may experience a capital loss. Find out what this means and how you...

What is a capital loss?
A newly renovated basement that remains empty, except for an office chair and computer monitor

Real Estate

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment

The potential to earn rental income sounds great, but unauthorized second units come with financial and other risks.

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
what is tenant insurance young couple at home

Home Insurance

What is tenant insurance?

Tenant insurance is coverage that protects you and your personal items if you rent your home. Industry pros explain...

What is tenant insurance?

Crypto

What is a smart contract?

Smart contracts are a core part of the crypto economy, and their applications are growing rapidly. Here’s why.

What is a smart contract?

Mortgages

What is an open mortgage?

In Canada, home buyers can choose from several types of mortgages, including open mortgages. Find out how open...

What is an open mortgage?

Mortgages

What is a prepayment privilege?

Using a prepayment privilege could save you a lot of money over the life of your mortgage. Find out...

What is a prepayment privilege?
Three seniors are sitting at a table posing for a selfie photo as they play poker together. it's a symbolic photo representing how tontines work.

Retired Money

Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis

You may be hearing about new products that sound like tontines, even if they’re not called tontines. Here’s why....

Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis
An adult man, acting as power of attorney, hugs his senior mom. He's wondering about gifting her assets while she's in a home.

Ask a Planner

Gifting a parent’s assets using a power of attorney

As power of attorney, does it make sense to divide up a parent’s assets before their death?

Gifting a parent’s assets using a power of attorney
The exterior view of a bungalow that will serve as the buyer's vacation home

Real Estate

Can I afford to buy a second home?

A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...

Can I afford to buy a second home?