In today’s job market, employees expect more than just a paycheque – they want security, stability, and benefits that support their well-being. A group benefits plan helps you attract and retain top talent while improving employee satisfaction and productivity. At Protect Financial, we are specialists in designing and deploying cost-effective, customized group benefits plans that […]

This is your final reminder—the March 3rd RRSP contribution deadline is fast approaching. Contributing before the deadline ensures you maximize tax savings and grow your tax-deferred investments for the future.   Why Contribute to Your RRSP Now? Lower Your 2024 Tax Bill – Keep more money in your pocket. Tax-deferred Investment Growth – Avoid immediate […]

The March 3rd deadline to contribute to your Registered Retirement Savings Plan (RRSP) is fast approaching and Protect Financial can help you make the most of this opportunity.   Why an RRSP? Immediate Tax Savings Tax-Free Growth Flexible use including Buying a Home Retirement Security   Why Choose Protect Financial We go beyond the banks […]

A Tax-Free Savings Account (TFSA) is your ticket to flexible, tax-free growth—whether you’re saving for a dream vacation, a home project, or to build a financial cushion. In a TFSA, every dollar you earn and withdraw is completely tax-free.   New Year, New Limit! Starting January 1, 2025, the annual TFSA contribution limit is $7,000, […]

As the year comes to a close, our wealth management division wanted to remind you of a couple of key deadlines. Whether you, your child, or grandchild are saving for a first home or planning for their education expenses, we have strategies to help you make the most of your money.   First Home Savings […]

Investment fees used to be hidden from view, but recent competition has made them more transparent and lowered costs—great news for investors! For years, Canada’s major banks dominated retail investing, introducing professional investment management to the public. But now, with new entrants and innovative technology, investors have more choices than ever. Not only has this […]

Exploring investment and savings options in Canada Registered Education Savings Plans (RESP) Navigating financial planning for education can be complex, especially when planning for a child’s future education costs. Registered Education Savings Plans (RESPs) are a crucial tool in Canada for parents and guardians aiming to save for post-secondary education. Am I eligible to open […]

Exploring investment and savings options in Canada Tax Free Savings Accounts (TFSA) Navigating financial planning for all Canadians can be daunting. It can potentially be a bigger challenge for newcomers or those returning after studying abroad. As we explore various savings options in Canada, we explain the Tax-Free Savings Account (TFSA), its eligibility criteria, and […]

Exploring investment and savings options in Canada Registered Retirement Savings Plans (RRSP) Navigating financial planning for ALL Canadians can be daunting. It can potentially be a bigger challenge for newcomers or those returning after studying abroad. As we explore various Saving options in Canada we explain the Registered Retirement Savings Plan, its eligibility criteria and […]

How to invest for the future as a foreign-trained dentist. As a foreign-trained dentist in Canada, focusing on saving for the future goes beyond mere financial stability; it’s also about enhancing professional development and harnessing the power of compound interest. By initiating smart planning today, you are laying a strong foundation to enjoy the lifestyle […]