News & Commentary

Here are some strategies to help you minimize tax as 2020 winds down. 1) Charitable Donations Donating to a charity during these difficult times not only directs your funds where you think they are most needed, but it also has additional benefit of tax savings. Amounts over $200 to a registered charity qualify you for […]

Many of us contribute our hard-earned dollars into our RRSPs so that we can retire comfortably one day. Because of the taxation of RRSP withdrawals, money contributed should stay inside the RRSP until you are retired and in a lower tax bracket. This makes these funds somewhat illiquid. But what happens if you get sick […]

Market & Economic Environment  Global equities declined in October, posting their biggest weekly drop since March in the last week of the month. Risk appetite was hampered by lockdown measures in some countries that were necessitated by surging coronavirus cases, as well as uncertainty surrounding a potential U.S. stimulus deal. The TSX Composite fell 3.4% […]

When clients sit down to write out their estate goals, they almost unanimously want to ensure that their money is passed down to surviving family members as quickly as possible paying the least amount of tax possible. We also see a growing trend of clients wanting to transfer uneven distributions of their assets to certain […]

North American and global indices retreated in September, weighed down by growing concerns about a second wave of COVID cases worldwide and uncertainty surrounding a potential U.S. stimulus deal, but still ended the third quarter with solid gains. The TSX Composite posted an overall Q3 gain of 3.9% after declining 2.4% in September; the energy […]

When most people think about disability claims they think about broken bones and other physical injuries that usually heal with time, when some of the most common disability claims come from cancer, cardiac and mental health issues that do not go away.  Due to cost constraints many insurance plans will put emphasis on the first […]