National Bank Financial - Wealth Management (NBFWM) is a division of
National Bank Financial Inc. (NBF), as well as a trademark owned by
National Bank of Canada (NBC) that is used under license by NBF. NBF
is a member of the Canadian Investment Regulatory Organization (CIRO)
and the Canadian Investor Protection Fund (CIPF), and is a
wholly-owned subsidiary of NBC, a public company listed on the Toronto
Stock Exchange (TSX: NA).
Gerardo's Advice for Life
February 5th, 2025 by Gerardo Cappelli
Online Wills - convenient and cheaper but come with potential pitfalls
Although the title of this article sounds negative, the truth is for non-complex situations, online wills are an affordable and accessible solution. Also, do not be fooled by the name, the service is online but wills accessed online still need to be printed off and hand signed in the presence of two witnesses.
Conflicting Forces - Asset Allocation - February
Since the inauguration of the new President, investors are facing major conflicting forces. On one hand the U.S. economy still seems like it is on the right track and on the other hand you have the extremely unpredictable administration. For now, the CIO office is keeping their asset allocation unchanged. Along with the Asset Allocation Strategy, the CIO office has published a short commentary.
18 Things You Think Are Tax Deductible in Canada - But Aren't
Every tax season, we submit claims for expenses that we think will lower our tax burden. Some of these items do not meet CRA requirements. Take a look at the links to see things that are and are not deductible. Of course, you should always refer to your accountant for any tax advice.
Tax Deductible / Not Tax Deductible
RRSP Contribution Deadline - March 3rd
Check your CRA MyAccount to see what your contribution limit is for 2024. If you are unsure if you have made a contribution or would like to know how best to make a contributio, send us an email at CappellTeam@nbc.ca
To calculate the tax savings your RSP contribution generates, click here.
Toronto's Underground PATH
A few weekends ago, when the temperature outside was -18C, Donna, my son and I went from Union Station to the Eaton Centre, to Second City then to dinner at a nice Italian restaurant, all without walking outside. We did this through Toronto's PATH, a mostly underground pedestrian walkway network that connects Union/Go Station, TTC, stores, restaurants and offices. There is now even an App for the PATH.
Things to do at the Toronto Islands in the Winter
I think of Toronto Island as a summer destination but Ward's Island ferry runs during the winter season. All the islands are connected so you can bring your own cross-country skis, snowshoes or just go for a hike across the islands.
