Angelis Prattas

The pandemic has impacted many Canadians financially and forced nearly half of Canadians to put off saving initiatives over the last year. The good news is that before the pandemic, just over 9/10 Canadians under 55 were contributing to at least one savings goal. Working with an advisor will help you stay on track to accomplish your financial and personal goals amidst uncertainty and the unexpected.

Gone are the days when customers have to pick a term product based on a pre-set time period" With Canada Life's new term insurance, clients can pick any term length they want, between five and 50 years. This allows clients the flexibility to customize their insurance coverage to meet their specific individual needs.

"80% of millennials (aged 2439) and 89% of Gen-Z respondents (aged 1823) now want to protect their financial future more than ever as a direct result of Covid-19." It's never too early to take control of your personal finances and the earlier you start, the better off your financial future will be.

Life insurance is an important part of your financial plan. If you've been on the fence about buying life insurance or if you're not sure that you have enough coverage to protect you and your family, now is the time for a review. Canada Life is offering 4 months of FREE premium for applications of longer-term policies until March 19th. Don't wait until it's too late

Canada Life has extended their intro offer for 4 months of free premium to March 19th. Now is the time to evaluate your financial plan and ensure you have the protection you and your family need.

Canada Life has extended their intro offer for 4 months of free premium to March 19th. Now is the time to evaluate your financial plan and ensure you have the protection you and your family need.

Life insurance is an important part of a financial plan and right now Canada Life is offering your first 4 payments on term 20 policies for free until March 1st Ever wondered what life insurance would cost you? Send me a message with your birthday and smoking status for a no-pressure quote.

Life insurance is an important part of a financial plan and right now Canada Life is offering your first 4 payments on term 20 policies for free until March 1st Ever wondered what life insurance would cost you? Send me a message with your birthday and smoking status for a no-pressure quote.

See how insurance and investments can fit into your budget with our new calculator. Even small changes can have a big impact down the road:

Take a minute out of your day today and consider the following: 1- Are you confident about your financial plan? 2- Is your family protected if something happens to you? 3- Do you understand your current investments and/or insurance?... You should still have 30 seconds left. Take that time to send me a text @ 905-751-3736. Let's start 2021 on the right track.

Take a minute out of your day today and consider the following: 1- Are you confident about your financial plan? 2- Is your family protected if something happens to you? 3- Do you understand your current investments and/or insurance?... You should still have 30 seconds left. Take that time to send me a text @ 905-751-3736. Let's start 2021 on the right track.

Has working from home forced you to spend money turning your home into an office this year? A new tax credit will let employees working from home be able to claim up to $400 on their 2020 income tax returns.

The new TFSA limit for 2021 will be $6,000, matching the same values from 2019 and 2020. This addition makes the total contribution room for someone who has been eligible since the account's inception in 2009 is $75,500. If you have any questions about managing your TFSA or your total contribution room, don't hesitate to reach out!

Happy Thanksgiving from my family to yours! Stay safe this long weekend, find some time to relax and unwind, and enjoy your time with family.

Happy Thanksgiving from my family to yours! Stay safe this long weekend, find some time to relax and unwind, and enjoy your time with family.

It's now easier than ever for you to get the longer duration term insurance coverage that you need. From now until Dec. 1, 2020, Canada Life is making a special introductory offer of four free months premium on new qualifying policies. If you don't have any life insurance in place, or maybe not enough coverage to protect you and your family, now is a great time for a second opinion.

An early and alternative retirement is more about a mindset shift than a compromise.

It's now easier than ever for you to get the longer duration term insurance coverage that you need. From now until Dec. 1, 2020, Canada Life is making a special introductory offer of four free months premium on new qualifying policies. If you don't have any life insurance in place, or maybe not enough coverage to protect you and your family, now is a great time for a second opinion.

It's now easier than ever for you to get the longer duration term insurance coverage that you need. From now until Dec. 1, 2020, Canada Life is making a special introductory offer of four free months premium on new qualifying policies. If you don't have any life insurance in place, or maybe not enough coverage to protect you and your family, now is a great time for a second opinion.

Great article from Business Insider highlighting the importance of life insurance and the massive benefits of buying it while still young rather than waiting until you're older. #lifeinsurance #retirement #insurance

Hey Everyone, welcome to part 3 of the F.R.E.T series where we cover the complex world of taxes! Here are 6 quick tips to help you with your taxes! Most of all, thank you for all the feedback and support you have provided us over the last month or so. It is very appreciated! FILE YOUR TAXES EARLY! The deadline this year for filing taxes is June 1st. For those who are self-employed, the deadline is now June 15th. You can file your taxes as soon as late February! What is the di...fference if you file earlier than later? If you owe taxes, you can pay in smaller chunks instead of a lump sum. If you are late however, the Canada Revenue Agency (CRA) will start to charge interest plus a late filing penalty ON TOP of what you owe! If you are expecting a full refund, filing early means you will see it back in your account sooner, which can be beneficial Save Your Money - Pay Less Taxes Have extra cash you want to invest - you'll probably want to place it where you'll pay as little tax as possible. One way is to do it through a Tax-Free Savings Account (TFSA) This means you pay NO TAX on your investment and you can withdraw cash tax-free as well. When you contribute to your RRSP, you're allowed to deduct your contribution directly from your taxable earnings. To put it simply, if your salary is $60,000 and you contribute $3,000, you will only have to pay taxes on $57,000 of earned income. Get Your Forms In Order You will need your T4 which is your statement of remuneration paid. This statement is provided by your employer before the end of February of each year. T4A - Statement of Pension, Retirement, Annuity and Other Income T5 - Statement of Investment Income T2202 - Tuition of Enrolment Certificate Keep these supporting documents in a safe place so they are easily accessible when it comes to tax season! Remember to keep your records for at least 6 years beginning at the end of the tax year the documents belong to. You could be audited! (under review) @ Newmarket, Ontario

Welcome to Part Two, we cover the R.E. (Real Estate) of F.R.E.T series where @samwelrealestate and I take a look at interest rates and the real estate market for the month of April. In our last post, we covered E.I. and CERB and the benefits that come with it. We hope you all are staying safe and healthy! Due to COVID-19, the impact on the market has been drastic in a sales perspective. Real Estate Agents around Ontario are trying to stay optimistic in the current climate we ...are in. As Realtors, we are taking all the necessary precautions to prepare our clients on the buying and selling side to ensure a safe and smooth transaction. According to TRREB (Toronto Regional Real Estate Board) in York Region Sales went down 70.3% and the Average Selling Price Across all home types went up 6.1%. Among the sales, we had active listings and new listings down as expected 51% and 72% respectively. The Real Estate market in the GTA as a whole is still strong. It is a good time to sell and buy with proper precautions of course. The market is relative, so expect when you sell high, you buy high. Full Market Update: Click Here For those who are unsure of what interest rates are, they are the cost to borrow money. Banks and financial institutions lend us money upfront to help make large purchases we couldn’t normally afford. After loaning us the money, we have to pay it back in smaller pre-determined payments over a set period. The reason for the large decrease in interest rates was to cushion the negative impact stemming from the coronavirus. When the Bank of Canada decides to lower interest rates, it stimulates the economy by making it less expensive to borrow money. Conversely, the higher the rate of interest, the more it costs to borrow money. These times at near-zero interest rates won’t last forever. Once the economy has rebounded from the impact of coronavirus, the Bank of Canada will eventually increase interest rates to slow down the growth of the economy and control inflation. We want to also remind individuals that the 2019 tax deadline has been pushed back to June 1, 2020. Stay tuned for Part 3 when we take a look at filing for your taxes.

Welcome to Part Two, we cover the R.E. (Real Estate) of F.R.E.T series where Andrew Samwel Real Estate and I take a look at interest rates and the real estate market for the month of April. In our last post, we covered E.I. and CERB and the benefits that come with it. We hope you all are staying safe and healthy! Due to COVID-19, the impact on the market has been drastic in a sales perspective. Real Estate Agents around Ontario are trying to stay optimistic in the current cli...mate we are in. As Realtors, we are taking all the necessary precautions to prepare our clients on the buying and selling side to ensure a safe and smooth transaction. According to TRREB (Toronto Regional Real Estate Board) in York Region Sales went down 70.3% and the Average Selling Price Across all home types went up 6.1%. Among the sales, we had active listings and new listings down as expected 51% and 72% respectively. The Real Estate market in the GTA as a whole is still strong. It is a good time to sell and buy with proper precautions of course. The market is relative, so expect when you sell high, you buy high. Full Market Update: http://www.andrewsamwel.com/about/market-update/ For those who are unsure of what interest rates are, they are the cost to borrow money. Banks and financial institutions lend us money upfront to help make large purchases we couldn’t normally afford. After loaning us the money, we have to pay it back in smaller pre-determined payments over a set period. The reason for the large decrease in interest rates was to cushion the negative impact stemming from the coronavirus. When the Bank of Canada decides to lower interest rates, it stimulates the economy by making it less expensive to borrow money. Conversely, the higher the rate of interest, the more it costs to borrow money. These times at near-zero interest rates won’t last forever. Once the economy has rebounded from the impact of coronavirus, the Bank of Canada will eventually increase interest rates to slow down the growth of the economy and control inflation. We want to also remind individuals that the 2019 tax deadline has been pushed back to June 1, 2020. Stay tuned for Part 3 when we take a look at filing for your taxes.