Rhia Penaloza, CFP - Financial Planner

11/20/2025

Mutual Funds vs. GICs: these are two popular investment products that can complement each other in a diversified portfolio. Instead of trying to choose to invest in one, there may be a reason to include both, here’s why.

Full comparison of benefits, fees, risk, taxation, and more. Understand the differences to find the best mix for your financial goals.

06/27/2024

Are you getting ready to begin your life in Canada? It may feel both exciting and a little daunting—especially when you’re searching for a place to live.

Whether you’re looking for temporary accommodation, need to secure a rental home, or are thinking about purchasing your first home in Canada, there are lots of questions to be answered.

Check out RBC’s Newcomer Guide to Finding a Home in Canada for tips, tools, and resources to support your search and help you make the right decisions.

06/17/2024

New to Canada? We understand that starting fresh in a new country can be challenging. At RBC, we’re here to help you settle in faster with a wide range of home financing options. Plus, for a limited time, you could receive up to $4,600 in cash and Avion points with an RBC Mortgage. Offer available from March 18th to June 30th. Conditions apply. Contact me for more information.

05/21/2024

This year’s federal budget went off without much fanfare, save for one thing: capital gains taxes are heading higher. Learn what this could mean for you.

This year’s budget went off without much fanfare, save for one thing: capital gains taxes are heading higher.

05/16/2024

2024 Federal Budget - will you be impacted?

Canada’s recently unveiled 2024 budget proposes to adjust the capital gains inclusion rate. What does this mean for investors and taxpayers? Read on to find out how these changes might affect you.

04/29/2024

Canada will allow 30-year amortization for first-time buyers’ mortgages. Finance Minister Chrystia Freeland said the government would allow the amortization period on insured mortgages for first-time homebuyers purchasing newly built homes. The measure will take effect on Aug. 1. The Canadian Home Builders’ Association has advocated for the longer period, saying five years more would help with affordability and speed up construction. The government also nearly doubled the amount first-time buyers can withdraw from RRSPs to buy a home to $60,000 from $35,000 as of April 16.

The Canadian government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes.

04/04/2024

We’re excited to share that RBC has completed its acquisition of HSBC Bank Canada! To our new clients and colleagues – we look forward to welcoming you and showing you all that RBC has to offer.

Today is one of the most exciting moments in our 155-year history as we officially welcome colleagues and clients from the former HSBC Bank Canada to… | 99 comments on LinkedIn

03/28/2024

What happens when your RRSP reaches maturity? With several options available, it’s important to understand the advantages and disadvantages of each to find the best fit for you.

With several options available, it's important to understand the advantages and disadvantages of each to find the best fit for you.

03/23/2024

If you’re considering a First Home Savings Account (FHSA), here are some scenarios that could help you decide if it’s the right choice for you.

Already saving for a home? Not sure if you'll buy a home? Either way, the First Home Savings Account should be on your radar.

03/19/2024

Get up to $4,600 in cash and Avion points only with an RBC mortgage.
Great news! We have a new limited-time offer (March 18 – June 30, 2024) that will make the homebuying journey a little easier and more rewarding.
Contact me for more information on this offer.

03/18/2024

Market volatility is an inevitable part of investing. Here are five strategies that can help you reduce the impact of these changes – and feel more confident about reaching your long-term goals.

Get strategies to help you stay on track with your investments — even when volatility happens.