Committed to providing solutions for your future needs.

Book a meeting
(877) 422-6346 x 537
CANFIN
Colin Barry, MBA, P.Eng, CFP
Colin Barry, MBA, P.Eng, CFP
CERTIFIED FINANCIAL PLANNER® Professional

Show all articles

Posts

Personal Wealth and Finance


Life View


Bank of Canada reduces policy rate by 25 basis points

The following news is important regarding inflation, home sales, investments, and for people who carry debt: The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate …

Read more

Estate View


The Big Problem of Estate Capital Gains Tax

You and your heirs may think that all of your assets will pass over to them tax free. Let's examine how estate taxation can erode the value of one's property and cause business succession problems

Read more

Investor Insight


What are the main benefits of investing in mutual funds?

The average investor, who buys stocks and bonds, does not have the necessary time to assess securities nor the expertise to make qualified investment decisions. Mutual funds allow the investor to effectively hire a fund manager to make these decisions.

Read more

 

More Recent Articles


Financial Viewpoint


Setting up your life insurance beneficiaries

It is wise to take a few extra steps to plan how you set up your beneficiaries on a life insurance policy.

Read more

Investor Insight


RRSP and TFSA REVIEW 2024

What are some differences between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP)? The tax benefits of the Tax-Free Savings Account (TFSA) The TFSA is a registered savings account that makes it easy for Canadian taxpayers …

Read more

Investor Insight


Investing with an advisory team

If you are an investor who remembers the mortgage debt crisis of 2008-9, you know that the stock market lost significant value. From an investment standpoint, the real downside occurred when some investors sold off their equity holdings due to …

Read more

Life Insurance


Disability Planning QUICK REVIEW

When you own your own business, you do not have the security of group insurance that employees have. After several years, you may find that you are drawing a substantial income from a successful venture. Disability Planning: Let’s do a …

Read more

Life View


A Strategy for Extending Aging Elder Independence

Here is an interesting method for watching over feeble parents from a distance. In some cases this strategy may be able to help an elder parent maintain independence at home. I share below a good friend’s strategy. After reading this …

Read more

Investor Insight


Estate considerations when using the RRSP vehicle

RRSPs alone may not be best for the wealthy The following chart indicates that you can save a small fortune over time in an RRSP. Since your focus is on retirement, much of your wealth may accumulate using this registered vehicle. …

Read more

Investor Insight


Balancing Investor Risk and Reward

The risk/reward concept states that the higher the risk of a particular investment, the higher the possible return. Although there usually is some risk with any equity investment, it is essential to assess just how much risk your portfolio should carry. Risk involves the potential for gain or loss of monies invested.

Read more

Business


5 Options of a Buy-Sell Agreement

When a co-owner/partner dies, the surviving business owners usually have five options in dealing with the deceased owner’s business interest: 1. Buy out the heirs of the partner with Life Insurance proceeds. This is usually the most preferred option. After …

Read more

Business


Disability Buy-Sell Agreements

Two strategies protect shareholders against the liabilities of another significant shareholder becoming disabled.

Read more

Investor Insight


How market volatility can work for the investor

Volatility is when prices of stocks and equity funds increasingly shift in value up or down.

Read more

Estate View


7 ways life insurance protects your financial foundation

Life insurance has been called the foundation of your net worth. If you have a spouse or children, the initial stages of your financial strategy should include adequate life insurance coverage.

Read more