Fri, 18 May 2018 10:45:05 +0000

What you need to know about inheriting or transferring a foreign pension

If you inherit your relative’s foreign pension plan, must that also be included in your income? Tax expert Jamie Golombek has the answer

Fri, 18 May 2018 10:35:50 +0000

Woman aiming for $35,000 a year retirement income worries small savings not enough to reach goal

There are a few things Nancy can do to boost her income, including downsize her house, but reducing spending alone may get her to where she wants to be

Thu, 17 May 2018 18:40:43 +0000

What to do if the CRA gets you in its crosshairs and reviews or audits your taxes

'The worst thing you can do is play the ostrich, put your head in the sand and pretend that nothing is going on'

Tue, 15 May 2018 17:48:02 +0000

When does a separated spouse have to pay rent to an ex?

The lesson from this case is clear: conduct matters

Mon, 14 May 2018 17:22:40 +0000

Millennials are already feeling the pinch of higher interest rates and spending less

A Nanos Research survey suggests higher borrowing costs are already beginning to curb demand in the economy

Sun, 13 May 2018 21:30:17 +0000

A looming housing affordability crisis is poised to hit seniors across Canada

Within seven years, the national average for seniors’ home rents could reach $4,000 a month, DBRS report warns

Fri, 11 May 2018 17:24:53 +0000

With low income and little savings, selling rental property this couple’s best bet on road to retirement

Even if they sell the rental property, Phil and Celeste will need to take an axe to their spending and making ends meet in retirement still won't be guaranteed

Fri, 11 May 2018 14:39:53 +0000

What you need to know about deducting interest on your taxes for investment loans

The interest from borrowing money to invest is generally tax deductible, but it gets more complicated if you invest loan proceeds in mutual funds

Fri, 11 May 2018 10:30:34 +0000

Generation X is ‘stretched beyond their financial limits’ and struggling to save for retirement

Members of Generation X (aged 37 to 52) are finding it hard to save, and the tighter timeline is causing them stress, a Franklin Templeton report finds

Thu, 10 May 2018 12:17:20 +0000

The baby boomer exodus is finally under way — and it’s driving luxury condo prices higher

Baby boomers should have been free from the family home five or 10 years ago — but they’re finally free now



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Peter Koutroulakis



Robert Pellegrino CPA, CGA

905-761-8080 ext. 224


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