Weekend Reading: Million Dollar Portfolio Edition

Our net worth crossed the million-dollar mark at the end of 2020, but that included about $300,000 in home equity. This week I noticed the total amount we had invested across our RRSPs, corporate account, RESPs, and my LIRA had surpassed the $1M threshold for the first time. We’re managing a million dollar portfolio! RRSP…

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Weekend Reading: Capital Gain Pain Edition

The federal government unveiled its 2024 federal budget with a proposed $53B in new spending over five years, including an ambitious $8.5B plan to tackle the housing crisis. The feds also proposed an increase to the capital gains inclusion rate, from 50% to 66% on gains in excess of $250,000 (personally) and from 50% to…

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