29 Nov
Featured | Money

Four steps to building financial resiliency into your investing journey

James MacTavishNovember 29, 2023

For many new and experienced investors, it can be challenging to invest and work to achieve financial goals while managing the rising costs of daily life. However, developing certain behaviours and processes in relation to your money can help you stay on track as well as build your financial resiliency. These steps hopefully mitigate stress and help you weather the storm of rising costs.

November is Financial Literacy Month, a time when Canadians are reminded to strengthen their financial knowledge and resilience. The following four steps can help you become more financially resilient.

1) Practice financial self-awareness

When times are tough, ignoring your...

29 Nov
Featured | Money

Fix it? Or leave it?

Debra MolzanNovember 29, 2023

These are important questions that a homeowner should consider before spending thousands of dollars that might not make a difference.

It is true that the younger generations have high expectations and seem to prefer a home that has been updated. Just remember that an older home has character and a modern flair might not work. You can spend time and money renovating but where does it stop?

If you have minor repairs that you have been putting off for years, this might be the time to call in a handyman. Major updating such as replacing flooring or adding a granite countertop can...

6 Mar
Money

Seniors tax tips

Canada Revenue AgencyMarch 6, 2023

Seniors: We’ve got tips to help you this tax season! As a senior, here are some of the most common things that you could claim on your income tax and benefit return at tax time: Pension income splitting – As a pensioner,...

31 Jan
Current Events | Money

Love in a dangerous (online) time

Mary O’Sullivan-AndersenJanuary 31, 2023

Love may be in the air in February but so too is, unfortunately, potential danger. In 2021, Better Business Bureaus (BBBs) across North America received 276 reports of romance scams. One romance scam in the Calgary area (not a senior) resulted...

22 Nov
Money

Recognizing dating site scams

James MacTavishNovember 22, 2022

In today’s increasingly connected online world, many Canadians turn to social media to chat with family members, and friends, and to meet new acquaintances or love interests. Sadly, fraudsters are becoming more sophisticated in targeting Canadians who use social media...

26 Oct
Money

Overcoming your behavioural biases when investing

Yubin YuOctober 26, 2022

Investing is rife with choices, and sometimes to avoid the uncomfortable feeling of being overwhelmed, we choose the path of least resistance or go with our gut feeling; we rely on biases or mental shortcuts to guide our decision-making. Further,...

29 Sep
Money

Steps to take before getting an investment app

James MacTavishSeptember 29, 2022

Investing today has never been more accessible. With the advent of electronic trading platforms in 1992, the proliferation of internet accessibility in the mid-to-late 90s and the growing adoption of mobile devices in the early 2000s, investors now have access...

25 Aug
Money

Police warn of new mass-marketing extortion scam

Andrew McCutcheonAugust 25, 2022

Extortion scams have become more popular in the advent of the digital age, but Calgary Police are warning of a particularly new and frightening scam that’s targeted local citizens. In a social media post in August, the Calgary Police describe a...

27 Jul
Money

Investing during uncertain times

James MacTavish July 27, 2022

For the past few decades, the Canadian economy has experienced exceptionally low inflation rates ranging from one to three per cent. Unfortunately, Canadians today are challenged with a 30-year high inflation rate of 6.8 per cent, with expectations that it...

28 Jun
Money

Avoiding fraud in the digital age

Ceili ReillyJune 28, 2022

Many feel immune to fraud, even after hearing the experiences of those online and in our lives. The reality is that the number one crime experienced by older adults is fraud. Canadians lost $380 million overall in 2021, a scarier...