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The start of the new year means there are new contribution limits and rates for annual money purchases, defined benefits, registered retirement savings plans, deferred profit-sharing plans, tax-free savings accounts, and pensionable earnings. For your convenience, we have referenced the government of Canada’s new limits for 2019, and we are happy to help you with any questions you have about your BlueRock Wealth portfolio in regards to these updated rates.* *While we make every effort to ensure the correctness of this information, please refer to the Government of Canada’s site for updated rates. These rates are for informational purposes only and are not intended to solicit or replace financial advice.
Financial Planning
Financial Planning
Canadians are Optimistic about What Their Financial Future Holds in 2016
A recent poll conducted by BDO Canada Limited* revealed that a large number of people in Canada believe that 2016 will be a good year for them in terms of their finances. Despite this belief, more than half of the participants said they think interest rates will...
The Federal Government Maintains its Plans to Balance the Budget in 2019
Recently, Finance Minister Bill Morneau said that the federal government will not pull back on its plans to balance the budget in 2019 in order to pay back the debt. This announcement comes after Liberals started emphasizing keeping the debt-to-GDP ratio, which is...