Media

Peter Cishecki is sharing his expertise this week on CTV Morning Live (Vancouver). The topic? RRSP carry forward.

Here’s the key takeaway: Don’t use all your RRSP deductions if it pushes you into too low a tax bracket. Sometimes, it’s smarter to re-file and repay a portion of your refund.

Below is a real example to help explain:

• I overcontributed to my RRSP before filing, just to be safe. After tax season, and a review of my projected 2025 income, my accountant re-filed my 2024 return. She had applied too many RRSP deductions, which dropped me into a lower tax bracket than ideal.
• Re-filing let me repay part of the refund and carry forward some of those deductions to 2025, when they’ll save me more in taxes.

Bonus: I won’t need to save as much this time around. Here’s the truth: the real money you make on RRSPs isn’t just about your rate of return—it’s about tax strategy.

Make the most of your contributions. Tune in for the insights you need.

Just because you’re approved doesn’t mean it’s the right move. This week on CTV Morning Live Vancouver, Peter breaks down:

• How mortgage approvals really work
• How your car loan impacts future approvals
• What to consider before saying yes to any loan

Get the answers you need—don’t miss it!

It’s being sold as “no GST on homes up to $1.5M” but what does that really mean?

• How much do you save on a $1M home?
• What happens if you spend $1.5M?

Peter breaks it all down on CTV Morning Live this week. Don’t miss it—get the real story behind the headline.

Balance matters, especially in retirement. Many people near retirement have paid-off homes but little in savings. Downsizing sounds smart, but a volatile real estate market and rising rent prices can make it risky. This week on CTV Morning Live, Peter explores a smarter approach:

• Keep a low-cost mortgage into retirement
• Build your cash reserves for security and freedom
• Focus on balance, not just ownership

Get the insights you’re looking for when planning for your retirement.

Retiring without insurance? You have options. On this week’s CTV Morning Live, Peter answers a real viewer’s question: “I’m uninsurable due to past health issues and retiring. I’ll lose my benefits, what can I do?”

• Some companies offer guaranteed post-retirement benefits
• No medical questions. No pre-existing condition exclusions
• Optional travel insurance with flexible lengths
• Your partner can also be covered if they were already on your plan
• You have 90 days to apply after losing employer coverage

Don’t panic, Peter’s got the answers.

With the recent volatility in the stock market, what are your options if you still need income?

• Consider adjusting your income stream to draw only from fixed-income holdings. Wondering how to do that? Peter explains it.
• Another strategy: If you have a HELOC (Home Equity Line of Credit), consider using it temporarily to allow your investments time to recover.

Peter breaks it all down on this week’s CTV Morning Live. Get the insights you need to protect your money.

Should you take out an RRSP loan? This week, Peter joined CTV Morning Live to answer some important questions about RRSP loans, including:

• Which tax bracket makes it worthwhile?
• What can you expect in terms of refunds?

Don’t miss the answers you need.

Tariffs, tariffs, tariffs – what do they mean for you? How will they impact your finances? This week, on CTV Morning Live, Peter breaks it all down, including:

• Interest rates
• Mortgage rates
• The stock market and your investments

Plus, could the Bank of Canada make an unexpected interest rate adjustment? Tune in to get the answers.

Grow your savings in 2025. Start the year with a plan to put more money in your pocket. Join Peter on CTV Morning Live as he shares the secrets to growing your savings and making smarter financial decisions, including:

• Key tips to boost your savings this year
• The difference between portfolio management and mutual funds: benefits, risks, and how they can work together

Don’t miss out—tune in and learn how to make 2025 your most financially savvy year yet.

New year, new financial goals! Start this year off right with a REAL Financial Planner – someone with the RFP designation, not a commission-based advisor or product salesperson. Make sure there’s no minimum investment requirement, so the focus is on creating a personalized Financial Plan, not pushing products. This is the year you take your financial future to the next level.

Don’t miss Peter this week on CTV Morning Live Vancouver as he breaks down the three financial moves to make before the year ends:

• RESPs: Are you missing out on any outstanding grants? Find out how much you can still deposit.
• Health Benefits: Got coverage through work? Learn what to use before it’s too late.
• TFSAs: Should you deposit or withdraw? Let’s get it sorted.

Start 2025 on the right financial foot!

This week, Peter joins CTV Morning Live to share his tips for dealing with debt this holiday season. Tune in as Peter discusses credit cards versus unsecured lines of credit, and how to avoid overspending during the holidays.