Hard working families, small business owners and single clients seem to ask me the same or similar questions when it comes to life insurance, living benefits and investment advice.  Here are my top ones, if you don't see yours listed - please just ask!


TFSA or RRSP?

While it ultimately depends on many things, such as your income, investment objectives and timeline - the easy answer is TFSA.

Why?  Although your contributions are after tax, the interest or income gained inside of them grows tax free and remains tax free when you withdraw any of your money inside of it.  Keep in mind, there are limits to how much you can deposit in these!  There are also ways to have guarantees on your principle in case of death and also to bypass your estate.


What is Critical Illness Insurance?

Simply put, it's a policy that pays you a lump sum and tax free benefit if you suffer a horrible condition like cancer and live to tell about it.

Better yet, you can buy a plan and hedge your bets.  This means, you will receive 100% of your money back at some point in the future even if you don't get sick.


More to come shortly...