by Frank Restorick | Aug 9, 2026 | Life Insurance
The TFSA contribution limit for 2026 is $7,000. Your actual available room, though, is almost certainly higher than that. The full formula: available room = $7,000 + unused room from prior years + withdrawals made in 2025 − contributions made so far in 2026. Get that...
by Frank Restorick | Aug 8, 2026 | Life Insurance
Corporate owned life insurance (COLI) is a policy where your corporation is the owner, premium payer, and beneficiary — not you personally. The insured is typically a key employee, business partner, or owner-operator. When that person dies, the death benefit flows to...
by Frank Restorick | Aug 8, 2026 | Life Insurance
Mutual funds are the lower-cost default for most Canadian investors. Segregated funds cost more but add something mutual funds legally cannot: guaranteed minimum returns at maturity or death, creditor protection when a preferred beneficiary is named, and a probate...
by Frank Restorick | Aug 6, 2026 | Life Insurance
Key person insurance is a company-owned life or living-benefits policy that puts cash directly into your business if a critical employee or owner dies, suffers a serious illness, or becomes disabled. The company pays the premiums, the company is the beneficiary, and...
by Frank Restorick | Aug 5, 2026 | Life Insurance
When you need cash fast in Canada, the fastest viable routes are: your existing bank line of credit or emergency loan (same-day decision for established customers), same-day online personal or business loans, invoice factoring or merchant cash advances for businesses...