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Showing posts from February, 2020

Vanguard Announces Monthly Cash Distributions for Vanguard ETFs - February 2020

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Hey Guys,

As you know, I'm a 100% ETF investor and one of the things I look forward to every month is when monthly cash distributions get announced from BMO and Vanguard.

Photo by Marten Bjork on Unsplash

Friday afternoon, Vanguard announced their monthly distributions for their line-up of ETFs. February 2020 cash distributions:Vanguard ETF®TickerDistribution per Unit ($) - Feb 2020Distribution per Unit ($) - Jan 2020Change MoMVanguard FTSE Canadian Capped REIT Index ETFVRE                     0.09145                      0.09145                -   Vanguard FTSE Canadian High Dividend Yield Index ETFVDY                     0.16029                      0.08873     0.07155 Vanguard Canadian Aggregate Bond Index ETFVAB                     0.05192                      0.07468 -  0.02276

Spending Winter time in Houston

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Hey Guys,

Over this past Winter Break I travelled to Houston to get away from some of the cold weather up here in Toronto.


I was not disappointed, the weather was amazing, day time highs would be in mid-20s (Celsius) / mid to late 70s (Fahrenheit).  This past summer I also travelled to Austin, but it was gruelling heat during the day time.  So far I've been to Dallas, Austin, and Houston.  Just need to visit San Antonio to complete my list of NBA Texas cities 😂

I was at a outdoor BBQ on Christmas Day, this would never happen here!  Ever!


Some of the highlights from the video above include:
Some really pretty Christmas lights decorated on housesTaking a ferry near the Gulf of MexicoSkating in downtown HoustonCozying it up at the Hyatt Houston Galleria hotelJungle ride at the Rainforest Cafe I've been to Texas during the summer months before but this was a total new feeling during our Canadian winter.  In the summer it gets pretty hot in Texas, but it's so much nicer to be o…

Tax Residency - Explained!

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Let's talk about Canadian residency!

This is not a post about living in the very expensive housing market of Toronto or Vancouver, but about residency for tax purposes.

I find a lot of people who I've worked with or through my network who consider themselves to be "snowbirds".  It gets very cold up here in Canada and these "snowbirds" will typically travel to warmer areas like Florida to get away from the cold.  However, with those either travelling to escape the frigid air or digital nomads, there are tax considerations that must be given some thought.

Photo by Helloquence on Unsplash
A resident for tax purposes is not the same as a residence for citizenship or immigration purposes.  Residents of Canada must pay tax on their worldwide income.
The Income Tax Act ("ITA") does not define the term "Residence"Individuals can be considered either:be a full time resident, a non-resident, a part year resident, a deemed residentIn order to determi…

BMO Asset Management Announces Monthly Cash Distributions for February 2020 for their ETFs

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Hey Guys,

As you know, I'm a 100% ETF investor and one of the things I look forward to every month is when monthly cash distributions get announced from BMO and Vanguard.

Photo by Marten Bjork on Unsplash

This morning, BMO Asset Management has announced their monthly distributions for their line-up of ETFs. February 2020 cash distributions:Monthly DistributionsTickerCash Distribution per Unit ($) - Feb 2020Cash Distribution per Unit ($) - Jan 2020MoM Increase (Decrease)BMO Aggregate Bond Index ETFZAG                           0.040                           0.040                      -  BMO Discount Bond Index ETFZDB                           0.030                           0.030                      -  BMO Ultra Short-Term Bond ETFZST                           0.120                           0.120                      -  BMO Ultra Short-Term US Bond ETF (U.S. Dollar Units)ZUS.U                           0.130