Diamond Retirement Planning Ltd.

Just released, my newest book "Retirement for the Record." Available online and in store at Chapters Indigo. Sold out for the moment on Amazon.ca but soon to be re-stocked. https://www.chapters.indigo.ca//r/9781988344263-item.html

https://www.cssb.mb.ca/bill-43 Participants in the Manitoba CSSB Pension Plan may have some decisions to make in light of changes being considered to the Plan. To quote The Clash, "Should I stay or should I go?"

Lots of people use ITF (in-trust-for) accounts to set aside funds for children or grandchildren. Usually, the amounts involved are relatively small and would probably not be subject to scrutiny by The Canada Revenue Agency for tax purposes. But they could be, at any time. This is a good article with extensive detail about the potential risks and benefits of all kinds involved, along with some alternative ideas for putting money aside for kids.

This is a good overview of a whole bunch of questions we have as investors today. Still a lot of unknowns out there, but this underlines the power of a motivated collective to get the world economy back on track. These things pass, and in the course of dealing with crisis, new strengths are built.

Hot off the press.

This is a good source of information and updates on how COVID-19 is affecting tax season this year, including deadlines for filing and payments. https://www.mnp.ca/en/posts/federal-tax-response-to-covid-19

https://www.canada.ca//line-22100-carrying-charges-interes What to deduct on this line is always confusing.