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PLANNING FOR MY lIFE EVENTS

 
 

 

 
 


Growing families and aging parents can be a serious financial commitment.  Taking care of your parents’ health care and housing needs in addition to your own family’s needs requires significant planning and resources.

Starting in December 2008, the new Registered Disability Savings Plan (RDSP) will come into effect.  The RDSP is a new registered savings plan that permits individuals to save up to $200,000 on a tax-deferred basis for someone with a disability. It also comes with generous government incentives in the form of the new Canada Disability Savings Grant and the Canada Disability Savings Bond, which can provide up to $90,000 in free government money based on only $30,000 of personal contributions.  The first RDSPs are expected to be launched in December 2008.

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Canadian First Financial Centres Limited is licensed as a mutual fund dealer in Ontario and British Columbia, is regulated by the MFDA and the provincial securities commissions, and is a member of the MFDA Investor Protection Corporation (“IPC”).  Canadian First Financial Centres Limited is also a corporate life insurance agency licensed in Ontario and regulated by the Financial Services Commission of Ontario.  The contents of our Website are not intended, and should not be construed, as a solicitation of customers or business in any jurisdiction in which we are not registered as a dealer in securities or an agency for insurance products.  The information on this site is presented for informational purposes only and prior to making any decision pertaining to investments, insurance, taxation or legal matters, it is recommended that you seek advice from a qualified professional advisor.  Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing. Mutual funds are not guaranteed, values change frequently and past performance may not be repeated.  Mutual Funds are not insured by CDIC.