Sign up for the Globe Advisor weekly newsletter for professional financial advisors on our sign-up page. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our homepage.
As Canadians receive their annual tax refunds, advisors recommend they focus on paying down debt and building up their savings.
As of June 3, the Canada Revenue Agency (CRA) had put more than $38-million back in Canadians’ pockets through refunds this tax season, with an average amount of $2,184 per taxpayer. Here’s what advisors are recommending clients do with their refunds.
Boost the emergency fund
→ Continue reading at BIV