The Smith Manoeuvre: What It Is, How it Works… and the Hidden Risks Nobody Talks About
In recent months, if you’ve spent any time around the Canadian personal finance world, you’ve probably heard the phrase: “Convert your mortgage into a tax-deductible investment loan.” That’s the core promise behind the Smith Manoeuvre: a strategy that many homeowners are considering because it sounds like a financial no-brainer: convert “bad debt” into “good debt”, […]
