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Education -

By PAIP Canada staff

Industry professionals know the answer like the back of their hand.

“At least annually, or when a major life event occurs” is what comes to mind, but that may not be correct. If the question was about updating Know-Your-Client (KYC) information, then the answer is largely correct.

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Personal Finance -

By Ryan Goldsman, CFP®, PAIP®

            Last week we discussed Canada’s stress test which led to an interesting question, and many interesting comments from readers: Why is the maximum mortgage amortization in Canada no more than 25 years?

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Education -

By PAIP Canada staff

After discussing short selling in last weeks’ article, a very informed question came in: Are there any other ways to make money from the decline of a security? And the answer is yes!

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Personal Finance -

By Ryan Goldsman, CFP®, PAIP®

            In 2016, Canada’s introduced the “stress test” for all new insured mortgages. In 2018, it was expanded to include all non-insured mortgages. Without a doubt, the “safety first” approach was a good intention to guard the housing market from a systematic collapse, but the question remains if it was actually needed.

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Education -

By PAIP Canada staff

A few weeks ago Toronto-Dominion Bank (TSX:TD)(NYSE:TD) saw a decline
in its share price as a result of becoming the most shorted bank in North America.

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