by Magenta Capital Corporation | Sep 16, 2024 | Investors
As you approach retirement, it’s important to have a solid plan to ensure a steady income stream. This blog discusses a popular and tax-efficient option, the Registered Retirement Income Fund (RRIF). What is a RRIF? A RRIF is a tax-deferred investment account...
by Magenta Capital Corporation | Aug 9, 2024 | Investors
The Essence of RESPs: Securing Educational Futures A Registered Education Savings Plan (RESP) is a tax-advantaged investment vehicle designed to assist families in funding their children’s post-secondary education. This long-term savings strategy empowers...
by Magenta Capital Corporation | Jul 26, 2024 | Brokers
At Magenta, we know there are many reasons why clients might require equity-based mortgage products. For some, unexpected challenges such as the COVID-19 pandemic may have left a mark on their credit or a gap in their tax filings that make applying for traditional...
by Magenta Capital Corporation | Jul 2, 2024 | Magenta News
Ever since our inception in 1994, our founder has made giving back a priority. For the past thirty years, Magenta has contributed to the communities we operate and lend in. Why Philanthropy? Progress is about more than just more- it’s about creating a more caring and...
by Magenta Capital Corporation | May 24, 2024 | Resources
The Canadian Federal Budget 2024 has arrived, bringing a host of new policies, tax adjustments, and funding allocations aimed at addressing the nation’s economic opportunities and challenges. In this article, we break down the key elements of the budget to help...
