Linda Robinson, Financial Security Advisor

01/04/2021

Information for employers: CRA and COVID-19 - Canada.ca

What do the new reporting requirements mean for your company?

Concerns on whether you might have to repay?

I would be happy to chat about how this may impact you! Message me at [email protected]

https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/support-employers-cra-covid-19.html

For the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid.

11/11/2020

09/22/2020

Fall, a beautiful time of year!

07/31/2020

Banks are the Beatles and lifecos Nickelback for new analyst - BNN Bloomberg

"While banks in Canada get as much appreciation as the Beatles... life insurers are treated more like Nickelback... subject to an almost irrational level of ridicule, despite achieving amazing commercial success and having sold more than 50 million albums worldwide" said Grauman

😂🤣This is hilariously true

https://tinyurl.com/y3khxt56

Canadian rock band Nickelback deserves more respect, and so do the country’s life-insurance companies — at least according to Meny Grauman.

07/30/2020

MoneySense

Understanding the type of account best suits your unique needs is crucial to maximizing your earnings/saving potential❗❗❗

Contributing to a registered disability savings plan (RDSP): https://www.moneysense.ca/columns/ask-moneysense/which-savings-plans-should-a-37-year-old-with-a-military-disability-income-contribute-to-and-when/

07/28/2020

Some older personal finance rules may no longer apply: Experts - BNN Bloomberg

Financial planning is a dynamic process. It is not something you can buy online or on the shelves. It is an ongoing process that requires a balance of expertise and adaptation. When was the last time you reviewed your financial plan?? bank

https://tinyurl.com/y67t2pvc

Start saving for retirement in a Registered Retirement Savings Plan as soon as possible. Make sure you're saving at least 10 per cent of your income. Don't spend more than a third of each pay check on housing -- but don't rent forever either.

07/27/2020

Financial Post

Financial Post

Peter Hodson: These thought processes get in the way of investment success

07/24/2020

The 12 Best Budgeting Tips for Lower Income Families

Whether money management has always been a challenge or the fallout from the coronavirus killed your budget, it's important for your financial future to start one now or get back into the habit, even if you’re going to be working with a particularly tight budget.

https://tinyurl.com/y3g9o7f6

Money mistakes can be devastating for low-income households. To help those who are struggling, we rounded up 12 budgeting tips for lower income families.

07/23/2020

5 Tips to Achieve Financial Success in 2020 - Foreign policy

We all want to earn as much money as we can and be able to achieve financial freedom. But you need to understand that financial success doesn’t just mean saving your earnings. Here are 5 easy tips to set you down the path of financial freedom

https://foreignpolicyi.org/financial-success-in-2020/

You need to understand that financial success doesn't mean saving your earnings. That's only a small part of it, and there are so many factors you need to keep in mind when you want

07/22/2020

Financial Post

With the oil industry about to release their earnings reports, as well as this year being labeled "a rebuilding year", we will unfortunately witness the true cost of pandemic priced oil.

Remember when oil prices crashed below zero for the first time in history?

07/20/2020

Financial Post

Financial Post

Only a recovery in the outlook for real estate is keeping broader confidence levels from outright declines

07/17/2020

Financial Planning for Singles — Financial Planning for Canadians

Yes, life’s big milestones are easier to afford with a second income. But with planning and expert advice, single Canadians can still get ahead.

https://tinyurl.com/yxurdwkm

Regardless of how you came to fly solo, there are unique financial challenges to manage. Learn how you can live life to the fullest without sacrificing enjoyment.

07/16/2020

Bloomberg

The twitter accounts of celebrities like Kanye West, Elon Musk, Apple, and host of others were all hacked simultaneously in an apparent Bitcoin scam!

It's important to educate yourself on financial cyber-security or at the very least have certified financial expert in your corner to consult so you can avoid being a victim of such scams.

They duped people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, and more than half of that total has already been spirited to other accounts.

07/14/2020

MoneySense

MoneySense

Thinking of shifting funds from your individual RRSP to your employer's group plan? Consider more than just historical returns: https://www.moneysense.ca/columns/ask-moneysense/transferring-rrsp-money-to-company-pension-plan/

07/13/2020

10 personal finance books you need to read now

These are some fascinating reads that could help you avoid making mistakes while on the road to financial freedom. .

But it doesn't really matter what personal finance path you take, or book you read, as long as you're moving forward!!

https://tinyurl.com/y9pwzpq9

Contact me and let's discuss what your personal finance path could look like

These top personal finance books will help you get Money Fit. From investing to starting conversations about money, these reads cover it all.

07/10/2020

Financial Post

Financial Post

Snowbirds beware

07/09/2020

Financial check ups more important than ever during turbulent times like these

Everyone's financial situation is unique to them. The key is to be able to have someone you can have a candid conversation about where you stand.

As a qualified professional I know how to make your money matter.
https://tinyurl.com/ydcqczql

OTTAWA — As governments roll out plans to reopen the economy in the wake of the COVID-19 pandemic, experts say individual Canadians need to update their own financial plan to move forward too.The . . .

07/08/2020

Desjardins Group

Desjardins Group

🏡 Are you thinking of renovating a room in your house or installing a swimming pool this summer? Discover our tips for planning, financing and successfully carrying out your renovation projects.

07/07/2020

MoneySense

MoneySense

Will transferring ETF shares from a non-registered account into a TFSA trigger the "superficial loss rule?" https://www.moneysense.ca/columns/ask-moneysense/triggering-losses-by-transferring-investments-to-a-tfsa/

07/03/2020

Financial Difficulties in Retirement Can Put Your Life at Risk: Here's How to Avoid Them

Boosting your immune system and taking care of yourself are important part of life. But equally important is your financial health.

Yes you might be taking care yourself but are you avoiding financial difficulties that will damage your health?

https://tinyurl.com/ycn9ahts

As a retiree, taking care of your health is essential. But beyond exercising and eating right, there's something else that's equally important that you need to do: Aim to avoid financial problems.

07/02/2020

MoneySense

Don't let your legacy become a financial nightmare for your family

How important is it to name a beneficiary for each of your investment accounts? Jason Heath breaks it down: https://www.moneysense.ca/columns/ask-a-planner/considerations-when-naming-investment-account-beneficiaries/

07/01/2020

CBC News

CBC News

Unlike Canada's original trade deals with the U.S., the new NAFTA doesn't substantially liberalize more trade. Most North American tariffs had been eliminated already.

07/01/2020

🇨🇦 Happy Canada Day! 🇨🇦

06/30/2020

Choosing an executor | Wills & estate planning | GetSmarterAboutMoney.ca

If a conversation is tough, then it's worth having. Have you chosen a executor for your will? Your executor will be responsible for protecting and administering your estate and distributing your assets to your beneficiaries. A will is essential for not the future of your financial legacy but your current financial plan.

https://tinyurl.com/yb963hvj

Your executor is responsible for protecting and administering your estate, and distributing your assets to your beneficiaries. These are key duties that require a substantial amount of time and effort – and the ability to make intelligent decisions.

06/29/2020

Right now a lot of people are experiencing financial anxiety. Let's discuss the validity and misconceptions behind your worries.

Most importantly I'm always here to discuss the solution to any of those worries.

Are you worried about your finances in the wake of COVID-19? Here are 8 truths and misconceptions about debt and tips on how to navigate during this time of uncertainty:
https://blogues.desjardins.com/advicecentre/2019/03/8-questions-on-debt-true-or-false.php

06/26/2020

Exclusive Research: Canadians facing historic retirement challenges due to global pandemic

Troubling news from Fidelity's Retirement survey❗
🍁Canadians🍁 near and in retirement are more negatively impacted by COVID-19 than the Great Financial Crisis❗

Ease the stress of this news and take action by simply updating and developing a financial plan with professional...
Do you have dedicated professional that understands the complexities of your financial❓

https://tinyurl.com/y88ou6b9

/CNW/ - Fidelity Investments Canada ULC, one of Canada's top investment management firms, today released Retirement 20/20, an annual survey that examines...

06/25/2020

Financial Post

Financial Post

‘Fundamentally, humans are scrappy and resourceful when faced with crises,’ one small-business owner says

06/24/2020

10 Quick Tips For Term Life Insurance Shoppers

Life insurance may seem like a scary thing to think about but it is an essential part of financial planning. We've all had to be strong in the face possibly grim circumstances during the last few months. Don't let fear ruin your financial legacy

https://tinyurl.com/y7oeoxn4

Whether the pandemic or other life events have brought you to the point of a life insurance purchase, here are top tips if you’re looking at term life insurance.

06/22/2020

CANADA: Providing for aging loved ones requires knowledge of resources, experts say

Providing for aging loved ones requires expert knowledge of resources and financial planning. Especially now, your outlook on options may have shifted with all of the controversy regarding long term facilities. You need someone who can ensure you and your aging loved ones have the funds to make the right choice for your situation. Do you have that person in your corner? 👵👴

https://tinyurl.com/y7qwhwzs

Experts say that too often, people fail to anticipate the long-term needs of aging and are unaware of the various forms of government assistance available to them

06/18/2020

6 smart strategies for first-time home buyers | MoneySense

I've seen discussion among some potential first time home buyers about the economic crisis triggered by the #COVID19 pandemic possibly containing a silver lining for them. I'd suggest if you're looking to buy your first home implementing these 6 strategies

https://tinyurl.com/y7uqcjoa

It's important to consider not only what you can afford now, but what you’ll be able to swing if a baby comes along, your career goes off-track, or the property you buy needs a major repair.

06/17/2020

🟩🟩So proud of my company colleagues🟩🟩

It's inspiring to work alongside people that also
value the unparalleled fulfilling feeling of giving
back to your community!!!

We’re so proud of our Desjardins employees who have stepped up to give back during this difficult time. Click the link to learn more about how they’re helping our local communities and frontline workers: https://blogues.desjardins.com/press_release/2020/05/desjardins-agents-and-employees-give-back-to-their-communities.php

06/15/2020

Desjardins Group

World Elder Abuse Awareness Day, marked every year on June 15, acknowledges elder abuse as a public health and human rights issue. Let's all reflect on how we can better help those who raised us and helped craft our world today.

On the occasion of World Elder Abuse Awareness Day, here are some tips to help you detect and prevent various types of financial abuse. 🔍👇

06/12/2020

MoneySense

Is it a good idea to borrow money in order to invest?? Somewhat of a controversial topic. Like a lot of things in life it's all about measuring risk and return

Should you borrow to invest? Certified Financial Planner Jason Heath looks at the options: https://www.moneysense.ca/save/investing/borrowing-money-to-invest/

06/11/2020

Desjardins Insurance Agents

At Desjardins Insurance, everyone is included, without exception. We join our voice to each and every one who emphasizes values of integrity, respect and equality, and who fight against racism or any other form of discrimination.

06/09/2020

How to Get Help If You Owe Taxes and Can't Pay

Do you owe on your 2019 income taxes?
If you do, you now have until September 1, 2020, to pay without incurring any penalties or interest. But what if you can’t pay?
Do you have someone on your side to walk you through your options?

https://tinyurl.com/y9xbcwww

It’s tax time – what if you can’t pay up? We discuss different options, such as CRA payment plans and other tax relief options.