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Guyana Community ForumsBusiness and Finance
In a flash, Judy Allen, 75, had $1.5M in mortgages on her bungalow, and she faces ‘financial ruin.’ We asked Tony the Contractor and Harold the Jewellery Buyer, how did this happen?
cain Friken dirtbags taking advantage of the elderly. Years ago I did some work for a retirement home doing Reflexology and Aromatherapy on the staff members and while there I was asked by one of the retirees about getting her some essential oils. The first time she purchased two bottles, I then started getting calls from her every few days to bring her more. This went on for a little while and on one occasion I told her that she had more supplies than I and should take a break for a while but... [ more ]
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Guyana Community ForumsBusiness and Finance
Capital gains tax in Canada, explained

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Guyana Community ForumsBusiness and Finance
The difference between wills and trusts

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Guyana Community ForumsBusiness and Finance
Estate planning changes in Ontario

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Guyana Community ForumsBusiness and Finance
Guyana -GDP
Django Re: Guyana -GDP [ more ]
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Guyana Community ForumsBusiness and Finance
Suez Canal blockage may choke India’s trade, supply chain

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Guyana Community ForumsBusiness and Finance
Cinemas can reopen if special filters are installed

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Guyana Community ForumsBusiness and Finance
$1B ‘West Central Mall’ for Leonora

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Guyana Community ForumsBusiness and Finance
Planning for retirement with little or no savings to draw on
Amral There are sites that will give you the information KP. Perhaps do a bit of googling. I have not really looked into it. [ more ]
Former Member Canada has a lot of great benefits. [ more ]
kp Very good information Sir. Say when you reach the age of 70 yrs and choose to convert your RRSP into a RIF, what is the formula or percentage that you will receive monthly. Some say your RRSP is divided by 20 then by 12 for monthly pay out. [ more ]
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Guyana Community ForumsBusiness and Finance
Want to know exactly what you’ll get from CPP when you retire? Here’s how to find out (Canadians)

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Guyana Community ForumsBusiness and Finance
Where to find and apply for COVID-19 financial relief (Canada)

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Guyana Community ForumsBusiness and Finance
How to prepare for a recession
Former Member Trump working hard to avoid a Recession...he wants some of work force back after Easter...we will see...the happenings in Italy are really scary... [ more ]
Amral My son invests heavily in stocks and mutual funds. He is riding it out. He is not panicking, because eventually the market picks up. [ more ]
Zed Not much any of us can do now, except if we have some liquidity, bottom feed. The markets have fallen because of the oil and the virus. I plan to just ride it out. It makes no difference in the way I live my life, one way or the other. It just affects how much the children get when my wife and I pass away. [ more ]
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Guyana Community ForumsBusiness and Finance
Canadians , Tax Software UFile
Amral yes, I prefer Ufile over Turbotax [ more ]
Mitwah UFile is my favorite also. I like Interview part. Very straight forward. Another nice feature is the Maxback refund calculator feature. [ more ]
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Guyana Community ForumsBusiness and Finance
Pension pooched (Canadians)

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Guyana Community ForumsBusiness and Finance
What you need to know about Canada’s new air passenger rights

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Guyana Community ForumsBusiness and Finance
Planning for an inheritance

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Guyana Community ForumsBusiness and Finance
Ten Ideas to Successful and Happy Retirement
Former Member Have good relationships with your children and their spouses [ more ]
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Guyana Community ForumsBusiness and Finance
(Canada) Understanding the Old Age Security (OAS) Pension

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Guyana Community ForumsBusiness and Finance
What happens to your RRSPs when you die? (Canadians)
Prashad Good article Amral. I had no idea. [ more ]
Former Member This is important information to pass on to Canadians, many of whom have no idea about RRSP and the tax system.They also need to know that they can withdraw a certain amount at a lower tax rate when their income is low. If they convert their RRSP to an RRIF they can withdraw monies to top up their low income. As well, they can split their income if their spouse is alive and have low income. Thanks Amral. [ more ]
Amral Don’t die with too much RRSPs This I can vouch for. I have had to look after 2 estates and in both the person died with large RRSP in their account. The estate had to pay 10K and 26k in taxes back to the Govt when the estate account was settled. [ more ]
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Guyana Community ForumsBusiness and Finance
Can Canadian seniors collect government benefits while still working?
kp Good information to know, getting there one day. [ more ]
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Guyana Community ForumsBusiness and Finance
For Canadians>>> Collecting your CPP

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Guyana Community ForumsBusiness and Finance
Best investment ideas for first time investors
Former Member mutual funds are open to a wide range of investors including Resident Individuals, NRIs, PIOs, HUFs, Companies, Partnership Firms, Trusts, Cooperative Societies, Banking and Non-Banking Financial Institutions, registered FIIs, QFIs etc. This is not an exhaustive list but represents the more commonly known types of investors in mutual funds in India. [ more ]
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Guyana Community ForumsBusiness and Finance
Stock market investment