nickpanner

Good Afternoon,

I have a brief question about increments while acting.

I am currently a substantive PG04 Step 3 ($88,754). My next pay increment is effective April 19th, 2024 – which would be Step 4 ($93,413).

I have just accepted an acting PG05 from Jan 15th, 2024 to May 10th, 2024. I will be starting at PG05 Step 1 ($96,225).

My Question is; will I move up to Step 2 of PG 05 ($100,357) after April 19th? Since technically I would then be making Step 4 ($93,413) at my substantive and only Step 1 ($96,225) at my acting?

The highest change in increment at the PG04 level is $4,659, so that plus Step 04 of PG 04 would be $98,072 ($4,659+93,413) which is higher than Step 01 of PG 05. I k

I have a friend who was on a contract from Feb 6th - Sept 6th part time for 12.5 hours per week. They had pension deducted at the 8.76% rate off each pay cheque. I was under the impression that there would be no pension deduction since the contract was only 6 months minus a day?

Also, they never received a package from compensation after contract end so I am assuming it was a mistake? Can anyone confirm if the pension deduction is correct or it is just an error? Thanks.

Currently I have a TFSA with TD – invested in TD e-series. For RRSP I have an account with Tangerine – invested in Equity Growth.

Looking to make the move to Questrade to buy ETF’s to simplify things and lower the MER.

I will transfer both accounts over and use the CCP model for Vanguard but my question has to deal with allocation. Should I buy the same three ETF’s in each account (TFSA and RRSP) or I.e. only have VAB in RRSP and the other two (VCN and VXC) in TFSA?

The issue I see with this is I usually contribute equally to both accounts (see * below) but would rather invest more aggressively and not so much into bonds.

*to note: I fill out the T1213 to have less income tax taken of

Any kind of critique is much appreciated.

Going to apply for the TD Aeroplan Visa Infinite Card (20,000 Aeroplan miles) and will eventually apply for the Amex Business Gold in about 6 months’ time (when I will be purchasing a trip and can actually hit the $5000 limit within 3 month).

My current plan is to use transfer the aeroplan points to the Amex membership points once I get the business card. I was also considering getting the Starwood Preferred Guest Credit Card from American Express (20,000 bonus starpoints). Am I able to transfer the SPG points to the AMEX membership points? Or should/can I transfer them all to Aeroplan? I’m not sure what the optimal option would be.

Lastly, any