Peter Dolezal

Financial market turmoil

Canadian equity markets have officially reached Bear Market status.

RRSP or tax free savings account?

In my consulting practice I’m often asked by those not-yet-retired, which savings vehicle is better, a tax free savings account (TFSA) or an Registered Retirement Savings Plan (RRSP).

Buyers’ market takes hold

Over the past few months, bargaining power in residential property transactions throughout the Greater Victoria area has rather clearly shifted in favour of buyers.

Seniors are losing out

Roughly 150,000 Canadian seniors are missing out on receiving Guaranteed Income Supplement (GIS) benefits

The cost of relocation

A recent TD Bank study found that only 50 per cent of Canadians remain at the same address for more than five years; some 20 per cent of homeowners have owned more than five homes; and 23 per cent plan to move again within six years

Index-beating strategy

During financial consultations I am often asked by clients how they can invest in equities while still minimizing risk.

The mortgage dilemma

Fixed or variable, the choice is not always a simple one

Staging for success

During my career I had many occasions to interview and hire job…

Fending off the affordability squeeze

George Athanassakos, a professor of Finance at the University of Western Ontario,…

The HST conundrum

Rarely has there been a looming issue of such significance as the…

Property tax deferral program

For those readers whose living costs seem to be outpacing their incomes,…

Currency risk for investors

Canada represents only about three per cent of the world’s capital markets.…

Home equity not a cash cow

Unlike our U.S. neighbours who have much higher mortgage indebtedness, the average Canadian family with a mortgage has attained approximately 50 per cent equity value in their home. This fact encourages many of us, when refinancing, to add tens of thousands of dollars to our renewal mortgage — for renovations, a new vehicle, to pay off debts, or for travel.