by Roger Crandlemire | Sep 28, 2017 | GICs
The role of the middleman is to save you money. This is the case when it comes to purchasing a GIC. You receive a higher interest rate when you purchase through a deposit broker instead of going directly to the bank. Deposit brokers offer a similar type of service as...
by Roger Crandlemire | Jun 10, 2016 | Financial Planning, GICs, Retirement Income, Segregated Funds
Government clawbacks can potentially be applied to even modest income levels and can be an emotional matter. They can reduce both income benefits/supplements and otherwise claimable tax credits. The term used rather than ‘clawback’ by Service Canada is ‘Recovery Tax’....