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Forbes Wealth Management
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As some of you may have noticed, we took a short break from our weekly blog for the warm summer months. We are now back to business as usual and will be posting regularly. Picking up where we left off, we previously released a couple posts shedding light…
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Inflation is a key factor when evaluating an economy. If inflation is at abnormally high levels, there are many negative side effects. These side effects may include the BoC (Bank of Canada) raising interest rates, which as we know, decreases the…
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Inflation is a key factor when evaluating an economy. If inflation is at abnormally high levels, there are many negative side effects. These side effects may include the BoC (Bank of Canada) raising interest rates, which as we know, decreases the…
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Last week we talked about credit-card/consumer debt, and how those debt figures seem to be trending higher year after year (click here to read that post). This week, we want to look at another contributor to increasing debt figures. Since 2012, the number…
Auto-Loan Deliquencies
Auto-Loan Deliquencies
forbeswealthblog.ca
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“Canadian Average Debt Load now up to $22,081, 3.6% rise since last year” “Canadian Household Debt reaches $1.8 Trillion…” “Canadian Consumer Debt Just Keeps Growing” These are just a few of the alarming headings that we see showing up in the mainstream…
Credit Card/Consumer Debt
Credit Card/Consumer Debt
forbeswealthblog.ca
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Last week we talked about Generation X and the tendency for them to be the overlooked generation. We also established that the average Gen Xer was rather ill-prepared for retirement relative to their stage of life. If you missed that blog post you can…
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With much media attention given to millennials and baby boomers, each for their respective reasons (millennials supposedly being entitled and lazy, and boomers because they supposedly ruined the economy), there is one generation that seems to be…
The Overlooked Generation
The Overlooked Generation
forbeswealthblog.ca
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In July of 2017, the federal government released proposals aimed at limiting opportunities for shareholders of privately held corporations to split income with family members. There was a significant backlash from both business and tax communities. Due to…
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The federal government made some interesting proposals for the treatment of certain taxable income for this year’s federal budget. The draft summarizes the way passive investments held by small private corporations are to be treated. In this blog post we…
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A couple we’ll call Herb, who is 67, and his wife, Mary, 60, farm 600 acres of grain and hay and another 500 acres of pasture in central Manitoba. They have put much of their effort into a 100 head cow-calf operation. Their two children, Suzy, 32, and…
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