Julie Bannerjea

How are rising costs changing Canadian retirement planning? Michelle Munro, Fidelity Director of Tax and Retirement Research, believes there are three key trends to consider. For more on the outlook of Canadian retirement planning, check out Fidelity's 2024 Retirement Report: https://ow.ly/NZNl30sCuNJ #retirement #fidelitycanada

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Learn why you need a Motive savings account in this insightful article featured in The Globe and Mail. #FinancialWellness #SavingsGoals

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Are you thinking about opening a Tax-Free Savings Account (TFSA)? Here’s what you need to know! You can have more than one TFSA, but your total contributions across all accounts must stay within your annual limit. To open a TFSA: ✅ Contact your financial institution, credit union, or insurance company. ✅ Provide your SIN and date of birth. They might ask for additional documents. Be sure to provide accurate info! Incorrect details could prevent your TFSA from being registered, and any earnings may become taxable. Types of TFSAs: Deposit Annuity contract Arrangement in trust You can also choose a self-directed TFSA to manage your own investments. Eligible individuals are 18 years or older and hold a valid SIN. Non-residents can open a TFSA but may be subject to a 1% tax on contributions while non-resident. For more info or questions, contact us today. We are here to help you!

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SCOOP: Canada’s second-largest bank has recruited Stuart Davis to serve as an adviser to Chief Risk Officer Ajai Bambawale. Mr. Davis, who left his previous job at the Bank of Nova Scotia in May, is an American who has more than three decades of experience in anti-money laundering, sanctions compliance and regulatory risk management in Canada and the United States. His expertise includes remediating compliance programs and rectifying regulatory issues for financial institutions. #AML #financialcrime #compliance #riskmanagement #banking #regulatoryriskmanagement

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What is the biggest benefit of TFSA? Unlike RRSPs, TFSAs allow for truly tax-free growth The single biggest benefit of a TFSA is that growth of all assets within it are tax-free: this includes interest, dividends and capital gains.🔥 You won't pay a penny in income tax even when you withdraw from your account or sell the assets inside the TFSA (pretty cool, right) Need help, I am here to help. Just message me or follow me to more valuable content here.👍 #tfsa #taxfree #taxfreeretirement #canadians #insights #financialliteracy #financialplanning #investmentmanagement #financialadvice #financialadvisor #retirementplanning #educationplanning

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Thank you to all of our clients and guests for joining us last week for our first of 5 webinar discussion groups titled: Estate and Tax Planning Made Easy. These are free to attend and open to anyone! Stay tuned for #2 in the series! #HalifaxFinancialAdvisor #EstatePlanningHalifax #FinancialAdvice

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To protect Albertans, the AIRB sets the maximum price insurers can charge for mandatory coverage, called the Grid premium. Learn more about who the Grid protects with our infographic.

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As the Bank of Canada continues to cut their overnight rate, bond prices are on the rise. AGG presents a unique opportunity in the Canadian fixed income landscape as it combines Canadian aggregate bonds with a covered call strategy. 

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New research today by The Conference Board of Canada that shows pensioners in Ontario who have defined benefit pension plans contributed $34.6 billion to the province's GDP in 2023. Pension plans often make the news for how and where they invest their funds. But the Conference Board report highlights an important, yet often overlooked, economic contribution that retirees who are part of DB plans make to their communities. The report verifies that if retirees have confidence in their financial security, it boosts consumer spending and drives economic growth at the local level (especially in smaller communities.) More info here: https://lnkd.in/g2mC7g3M

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⭐️THE 2024 TD READY CHALLENGE! 💚 In its seventh year, eligible non-profits and community organizations can apply for grants of CDN $1 million for Canadian-based organizations and USD $1 million for US-based organizations. TD Ready Challenge is seeking applications from #charitable and non-profit organizations that propose #innovative approaches to supporting #underserved #smallbusiness owners to develop a business, launch a new business, or grow an existing business. We encourage applicants to present novel strategies, technologies or partnerships that have the potential to disrupt systemic barriers for underserved #entrepreneurs with the goal of cultivating a more inclusive and supportive entrepreneurial landscape across North America. 
Applications are now being accepted for the 2024 TD Ready Challenge. Applications must be submitted through our online portal and are due by 4 pm E.D.T. on Thursday, September 5, 2024. Isabelle Ménard Laurence Levy Suzanne Tremblay Al Ramsay (he/him/his) Grant Minish (He/Him) #ForeverProud #ForeverProgressing Learn more & apply: https://lnkd.in/gtCqiHzP

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Bank of Canada governor Tiff Macklem defended the bank’s 2% inflation target to an audience of senators, who also questioned him and senior deputy governor Carolyn Rogers about how central bankers will determine when to lower interest rates, the BoC’s role in Canada’s lagging productivity, and whether a housing crisis is brewing. #BankofCanada #inflation #interest #rates #mortgage #housing #cdnecon #cdnpoli Bank of Canada Senate of Canada | Sénat du Canada

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💻 FidelityConnects Webcast: 📹 Hugo Lavallée on Contrarian Investing Hugo Lavallée, Portfolio Manager, joined FidelityConnects to share his contrarian investing perspectives on Canadian equities and the latest market movements. Watch the full episode here: https://ow.ly/hyFH30sEOTg: ow.ly/WzJZ30sEyUj #FidelityCanada #contratianinvesting #HugoLavallée #FidelityConnects

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