Archive for March 2016

It’s tax time and we’re answering your burning tax-related questions, such as deductions for locked-in retirement, pension income, and medical expenses, filing your taxes before receiving all of your slips, and declaring income generated from a hobby business. Here we go: Q. The money in my locked-in retirement income fund (LRIF) came from an employer…

Looking at your finances and trying to figure out how to deal with multiple goals can be frustrating. We want it all – who doesn’t? But for most of us it’s not that easy. Which goals do you save towards first, second, and so on? How do you prioritize retirement savings, children’s education, a new…