After three months of intermittent attempts to contact CRA with no success I am writing them a letter by hand, putting it in an envelope, and mailing it to them. Of this doesn’t work I will try telegram and carrier pigeon.
5 Likes
They failed to apply those documents to my account and same with things I uploaded so I eventually gave up on fruitless 40 min calls after a 3h wait. But your goal is worth pursuing. Maybe they have billionaires to give money too before they can process your returns
2 Likes
If they do the thing they’re supposed to, I get money. So I’m reminding them to do it.
2 Likes
Can anyone think of where I can get a toddler size every child matters shirt in a suburban town? Walmart had kids sizes last year but that is a second choice. Local independents don’t seem to have kids sizes. Medium amount of money is okay because I’ll size up and we wear them year round
1 Like
Specific artists use Etsy as a platform. I like Michelle Stoney, but I don’t see any orange shirts on her page today.
Several indigenous nonprofits and charities sell them as fundraisers. If you want me to get some and mail them to you I can but I bet you also have such orgs.
The internet says
3 Likes
Can you check if any of your sellers have toddler sizes (especially if they ship). I can see a handful of less sketchy etsy stores (thanks for the idea). Most places/people here start with xs- aka B1 size. So he wore it like a dress last year and B2 wore random orange clothes.
2 Likes
Interest rate of the Wealthsimple cash account going down again. 
how low can it go?
2 Likes
Depends how low the bank of Canada rate goes!
I was not thrilled by the announcement, but also not surprised.
1 Like
Can someone tell me what kind of financial professional would work for fee-only and also manage a portfolio? I am in Ontario.
Backstory is I’m now power of attorney for my spouse because he has dementia. Prior to this, when he was handling his own assets, his money was invested in segregated funds with an advisor with all sorts of front end and back end fees. The advisor is retiring and has been handing off to a successor. The successor has nice designations ( CFP®, CLU®, CHS™, TEP), and works with Desjardins Financial Security. I’ve been having meetings with these advisors and the tentative plan is to sell my spouse’s segregated funds and invest in a Fidelity all-in-one balanced ETF. I like the tentative plan but the services come with a fee that is a percentage of the portfolio. My spouse’s portfolio is about $400k so the fee would be 1.25%/year (so $5000/year for a $400,000 portfolio - right?). The advisor is also encouraging me to port over my own investments which I’ve been managing on my own using Questrade. That would bring the portfolio up to a different fee level (1% instead of 1.25%).
I like the idea of having everything in under one planner/manager but I don’t like the idea of paying a percentage fee rather than a flat fee.
I like the idea of not being the only person in charge (i.e. I value having a financial professional involved and would be willing to pay for such a service) but I don’t know that paying a percentage of a portfolio that will amount to thousands of dollars every year is what I want to do.
When I look for fee only planners, I’m mostly finding people who will do the financial planning but then you implement it yourself. I’d actually like to have the outside person do the implementation (i.e. sell the existing segregated fund assets and reinvest them an ETF, convert my spouse’s RRSP into a RRIF) and it would be a great bonus if that same person was also our tax planner/preparer or worked jointly with a tax planner/preparer.
This financial expert should be experienced with the public service pension plan and with tax credits related to disability and caregiving and should help me strategize in those regards. And do so with a set, flat fee or a fee per service (rather than a percentage of assets under management).
Can anyone help me figure out what kind of professional I need and how to search for one? Or better still recommend someone?
3 Likes
I’m sorry to hear about your spouse’s medical challenges.
I think you’ll have trouble finding what you are looking for with an hourly fee because it wouldn’t be worth their while. Especially when you add in the complexity and working with a tax preparer (different financial designations, so someone who has both probably isn’t going to work with your size of portfolios.)
However, Find a Planner — Advice Only Planners is one place to look
I also talked with one of the people who is now at About Us - Spring Planning while they were still independent and thought they were very ethical (he gave really good advice about my question that I was willing to pay someone for and said that none of his services were appropriate for us in our life stage).
3 Likes
Hmm…had a flat fee only planner in Saskatchewan, but we also a much smaller and less complex financial situation. Plus it was five years ago we left them. We moved cross country. They prefer to deal with SK only people.
Can you break it up into seperate roles? Maybe do a bot managed fund and find a tax and disability specialist?
1 Like
Thanks. I had hired a fee only planner to get a plan so I’ll be talking to him about this and seeing if he has ideas/advice going forward.
UPDATE: talked to the fee only advisor and he straight-talked me into just taking the time and administrative steps necessary to get spouse’s assets out from the financial advisors and into Questrade, put it all in a specific ETF, and use the draw down strategy that was already in the financial plan to take an annual sum out of spouse’s portfolio. Simple. The only hurdles are emotional/psychological on my part, including fear that it will be difficult to set up Questrade accounts with a power of attorney. I won’t know until I try.
3 Likes
I had a 5.75% promo rate from Tangerine expiring Sept 30, so this afternoon I scheduled a transfer of funds because Tangerine’s default right now is a paltry 0.3%.
And then this evening I got a nice note from Tangerine offering a rate of 4.5% on all the new money I had moved over since May 7. The new promo rate will run from Oct 1 to Feb 28 2025. So I’ve cancelled that transfer.
Was I going to get the offer anyways? Or was it directly in response to my actions?
3 Likes
I think it was because of the transfer. They love to play these games at Tangerine, from what I’ve seen.
5 Likes
“Remember to activate your special rate and keep your new deposits in place to make the most of your offer.”
If you recall, last time I phoned and the offer they gave me wasn’t worth my time, so I shifted the money out and waited a month until they gave me that 5.75%. So perhaps if I did all the moves I could get more again, but I think the rate makes sense given current environment.
ETA: Reddit has someone who got a 5.25% retention offer after starting a switch over to WS today. and another at 4.6%
3 Likes
These shenanigans are so annoying. Like the phone or internet nonsense. Just have a rate.
You can tell them I said so.
7 Likes
Yep. I quit them over game playing.
2 Likes
Simplii was advertising a very good interest rate so I looked it up.
Lololololllllll they are trolls.
To be clear, the 4.25% is what I saw advertised, with no mention of the million dollar threshold.
6 Likes
