Daily Archives: April 13, 2012


Some great tax tips for Canadian investors!

Here is a brief introduction to the absolute basics of investing Canada. If you know this, you really just know the basics.  If you do not know much about Mutual funds, Eligible dividends, income trusts, and deferring taxes owing then trust me, this is the tip of the iceberg.  The Investment Fund Institute of Canada (IFIC) has a mutual fund course as probably does the Canadian Securities Institute (CSI).  Both are sought after for entry into the financial sector.

At the very basic, here are the 2 main types of tax-sheltered investments you probably have heard about – RRSP or RRIF.  In both cases, you put money away into these investments which are NOT taxed at year-end.  you pay taxes when you withdraw or remove the funds after certain milestones, such as age 65. 

Investments that generate capital gains or Canadian source dividends are taxed more favourable than interest income because interest income earned…

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Is it time to open the skies in Canada and allow U.S carriers?


Air Canada Boeing 747-133 C-FTOC at Zurich Int...

Air Canada Boeing 747-133 C-FTOC at Zurich International Airport (Photo credit: Wikipedia)

Is it time to open the skies in Canada and allow U.S carriers?

Despite the issues pilots have with their employer, Air Canada, the issues today are showing the serious flaws in Canada’s transportation system. Air Canada, like the photo, is starting to look old and out-dated. There are alternatives for trips to Montreal, Ottawa and other locations; using Porter or WestJet, however other remote and specific locations are leaving Canadians hanging. People are upset and rightly so. There is a dependency in Canada, on Air Canada. However, there are a not a full list of choices. I am sure Buffalo Niagara is seeing an increase and maybe it’s time to get other carriers in Canada. Our Federal policies prevent an American, or other carrier, from flying within Canada. Air Canada is taking a big hit and Canadians are angry. The Conservatives, now with a majority, may take notice. We have underutilized airports in Hamilton, London and even Oshawa. Is it time to open the skies?What do you say?

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Friday the 13th and things you may not know about superstition in Asian cultures


Deutsch: Freitag der 13. im Kalender English: ...

Deutsch: Freitag der 13. im Kalender English: Circling Friday the 13th date on calendar with marker (Photo credit: Wikipedia)

I am always fascinated by culture and superstition. In particular I find the number 4 interesting. The Number 4 is considered an unlucky number in many Asian cultures. Many numbered product lines skip the “4”, so if you have something you are marketing, please remember to keep that in mind. In recognizing Friday the 13th, here is an interesting post on Chinese superstitions. There are still some that adhere many superstitions traditionally. Here are the most popular superstitions and believes.

Friday the 13th and things you may not know about superstition in the Chinese culture