This month’s Cardinal Update focusses on the topic of Risk. Investors have traditionally viewed risk as simply; volatility.   There are many ways to define risk though. We have tried to uncover how we view risk, how we try to mitigate risk, and what we think is important for investors to think about. Our Company Focus [...]

CPP retirement pensions will be higher if taken after age 65 Before the changes, CPP retirement pensions increased by 0.5% for each month after age 65 (up to age 70) that contributors delayed receiving them. For example, if contributors started receiving their CPP pensions at the age of 70, their pension amounts were 30% more [...]

Many British Columbian’s are not aware of the Property Tax Deferment Program (PTDP). The PTDP is available for resident’s age 55 years of age or older, (only one spouse has to be 55 in the year that the program is applied for). The program allows for individuals that qualify the privilege of deferring property taxes [...]

What is probate? When you die, your will gives legal authority to deal with your estate to your executor (estate trustee in Ontario, liquidator in Quebec). Although your executor is legally entitled to do so, when the time comes to redeem or transfer certain assets registered in your name (such as investments with financial institutions, [...]