Mark Gregorski

Forget “Will you marry me?” How about “I want to open a spousal RRSP with you.” That is what true love looks like. No marriage certificate necessary. Nothing says commitment like combining your incomes and minimizing your overall tax bill. Keeping your financial house in order is a worthy endeavour that can pay off handsomely, […]

You want it so you buy it with plastic. You just wish that you didn’t have to pay it all at once.

Location is a vital aspect considered by homebuyers when they embark on their house-hunting journey, as the state of the neighbourhood often has a significant impact on quality of life. Prime real estate is typically found in established neighbourhoods that offer a plethora of amenities, stunning scenery, modern infrastructure, friendly communities, and more.  Location is […]

Have you recently purchased an old car or are you scouring the market for one? Maybe you’re still driving the same car your parents gifted to you when you earned your driver’s license a couple of decades ago! No matter the age of your vehicle, acquiring basic car insurance is mandatory in Canada. That means […]

Canadians now have a new and convenient way to invest in shares of some of the most popular publicly traded American companies. On July 27, 2021, the Canadian Bank of Imperial Commerce (CIBC) launched a new group of products called Canadian Depository Receipts™ (CDR), the first of its kind in the country to be publicly […]

Mortgage payments are like clockwork – they’re always due on the same day each month and go on forever. Well, not forever, but its sure does seem like it. Your mortgage is likely your most significant expense and a decades-long commitment to boot. Like many homeowners, you may have pondered how you can save some […]

If you’re a mortgage holder, you’re fully aware of the costs and commitment involved. You’ll typically spend at least a couple of decades servicing the debt payments and racking up hefty interest charges along the way, which could probably buy you a luxury vehicle or two when added up. A mortgage is, single-handedly, the most […]

The current prime rate in Canada is 6.7%, as of January 2023. Sometimes called the prime lending rate, the prime rate is the annual interest rate financial institutions charge their most creditworthy customers. For clarity, ”prime” means ”best”. If you’ve ever applied for a mortgage, line of credit, or another type of loan, you’re exposed […]

It’s no secret that index funds are all the rage nowadays. The first index fund was created by John Bogle and made its debut on December 31, 1975, and since then, this class of investment funds has grown steadily in popularity, especially among first-time investors.  For the uninitiated, an index fund is an investment that […]