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By PAIP Canada staff

Having received many comments and questions from the article published two weeks ago, this week we’re going to cover the receipt of Canada Pension Plan (CPP) benefits.

By Michael Hlinka                                          

         When you buy a share in a company, you’re purchasing a portion of its current and future profits. Because of this indisputable fact, I tend to believe the “A bird in the hand is worth two in the bush” perspective… What does this mean in simple English?

By Ryan Goldsman, CFP®, PAIP®

            More than one year ago I received an email from a friend about a new platform called GoPeer, a peer-to-peer lending service that allowed Canadians to invest their capital (and become the lender), as well as allowing individuals to borrow. Essentially, a layer of democracy was added to lending which Canadians have not experienced in the past.

By PAIP Canada staff

For working Canadians with an annual salary, the past five years have been a little more challenging. The Canada Pension Plan (CPP) which traditionally required employees and employers to each contribute 4.95% of their salary up to the Yearly Maximum Pensionable Earnings (YMPE) has seen the required rates of contribution increase. Where there was no change is in the Yearly Basic Exemption (YBE) which remained steady at $3,500. The first $3,500 of earnings do not attract CPP contributions.

By Ryan Goldsman, CFP®, PAIP®

            Making your first investment is exciting. Receiving your first cash inflow from that investment is even more exciting!

            Following the initial euphoria, investors need to take a moment and consider the tax impact of that distribution (or dividend)… and it can get complicated.