Many people nowadays have little idea how Adam Smith’s economic ideas have shaped their lives for good. Can a rediscovery of the real Adam Smith rescue our muddled Canadian economy? In 1776, Smith’s second book The Wealth of the Nations was so popular that he became known as the Father of Economics and the Father of Capitalism. For some people today, Capitalism has … [Read more...] about Adam Smith, father of compassionate economics
Life
Navigating the facets of everyday life including managing finances, growing old, being single, staying healthy and more.
God’s gifts of kindness and generosity
Last month I was surprised to receive this email from a regular reader: “I wanted to let you know I mailed you a little package – I hope you like it! You have been exceptionally kind and inspirational to me and have truly helped me. For all of that, I am filled with gratitude. Thank you, and God bless you.” Wow! We had connected through my website, had emailed back and … [Read more...] about God’s gifts of kindness and generosity
The ins and outs of RRSPs
Are they right for you? RRSP, TFSA, FHSA, RESP, RDSP, RRIF – the list goes on and on. I’ve written before about various account types available to us as Canadians, but now it’s February and the RRSP deadline is right around the corner (February 29 this year), so I thought I might share the results of a bit of RRSP math with you. As a quick recap, Canadians may invest in a … [Read more...] about The ins and outs of RRSPs
Addiction-recovery society launches new ‘bridging program’
Partnerships with both the private and public sectors have enabled the Talitha Koum Society to launch a new program to help the society’s graduates prosper in their communities. The society, which operates two homes in Coquitlam for women (and their young children) who are recovering from addiction, says its new ‘bridging program’ will better address both the overdose and … [Read more...] about Addiction-recovery society launches new ‘bridging program’
Taxing times: Taking advantage of new TFSA limits
Happy New Year! Did you know that the Canadian government gave you a gift on January 1, 2024? The only catch is that it’s up to you to pick it up. They increased your Tax Free Savings Account (TFSA) limit by another $7,000 this year, bringing the total TFSA contribution limit up to $95,000. Take advantage of it! The TFSA is one of the most tax-advantageous tools we … [Read more...] about Taxing times: Taking advantage of new TFSA limits