Travel insurance is important to help protect you, your family or visitors to Canada from costs that can occur due to an unforeseen medical emergency during a trip or an unexpected reason to cancel or interrupt a trip. Without it, travellers may be left to pay significant out of pocket expenses.

If you are looking for Single Trip Emergency Medical coverage, Manulife has recently introduced a new plan that provides up to $5 Million for COVID-19 emergencies while travelling outside of Canada.

If you wish to make a contribution for 2021, please check your CRA online account, latest notice of assessment or consult your tax professional to obtain your 2021 contribution limits.

Once you have determined your contribution amount, please contact the Frost Wealth Management office to arrange the method of your contribution:

After the holidays, it can be difficult to find the funds to make an RRSP contribution. If you are temporarily short on cash and can’t contribute to your registered retirement savings plan (RRSP), an RRSP loan may be just the thing for you. In fact, the money you receive from your tax return and investments might even cover the cost of the loan.

This way, you can continue to contribute to your RRSP or increase your contributions, no matter your financial situation. What’s more, if you use your tax return towards payment of your loan balance, the loan will be repaid more quickly.

Contact the Frost Team to learn more!

519-741-8478

The world economy is primed for another year of above-average activity. The private sector is

in a better place to take over from policymakers as the primary engine for economic growth. Labor

markets are healing, business capital spending is on the upswing, while a much-needed re-stocking

cycle seems almost inevitable. China’s slowdown will need to be closely monitored as will the

evolution of Omicron, the latest viral variant. Both pose important risks to the outlook.