Wealth Management / Portfolio management / Financial advisor

A summary of the key measures that may have a direct impact on you

As presidential elections have become more contentious, perceptions have risen that the stock market’s fate can hang in the balance depending on who wins. There are four principles investors should keep in mind.

Read the article

Estate planning guide.

Read the article

Handy financial planning facts.

Read the article

A quick recap of all advantages offered by the TFSA.

Read the article

As year-end approaches, taking some time to review your financial affairs may yield significant tax savings. To ensure that you leave no stone unturned, here’s a summary of some common year-end tax planning strategies.

Read the article

Global Outlook 2024

Read the article

Enthusiasm for generative artificial intelligence has helped drive 2023’s stock market gains. We look at the investment implications of this potentially transformative technology rollout.

Read the article

As global interest rates reach levels not seen in more than a decade, we explore what may be in store for the future of monetary policy.

Read the article

While the S&P 500’s surge over the past nine months has rekindled investor optimism, it doesn’t feel to us much like the start of a new bull market, but rather much more like the last leg of the current rally. Whichever it is, the market is certainly in a different place today. While this advance should have further to go into the summer, the economy will likely set the market’s path for the coming 12 months.

Read RBC - Wealth management most recent midyear outlook:

Read article

European and UK equity markets are trading at valuations we consider unusually attractive. Although we maintain Underweight stances on both regions and think index returns may remain muted through the end of the year, we see compelling opportunities.

Read the article

The tax-free first home savings account (FHSA) is a new registered account to help individuals save up to $40,000 on a tax-free basis to purchase their first home. The FHSA is a mix between a registered retirement savings plan (RRSP) and a tax-free savings account (TFSA). Like an RRSP, contributions you make to a FHSA are tax-deductible; like a TFSA, withdrawals you make to purchase a first home (including the investment income earned) will not be taxable. This article provides a summary of key features of the FHSA.

Read the article

It’s understandable that investors remain scarred by memories of 2008–09 and that any word of bank failures brings fears. But several factors distinguish the current turmoil from the banking system crisis of 2008–09. We discuss the drivers of U.S. policymakers’ current approach to today’s stress, and the risks for investors in U.S. banks.

Read the article

At the beginning of this new year, many individuals place a greater focus on tax planning to minimize their income tax liability. However, there are some areas of tax planning that often get overlooked. For example, there are tax planning strategies that may only be available early in the new year. With that in mind, this article summarizes some of the strategies that have deadlines in early 2023.

Read the article

Learn more

Sky-high inflation, soaring interest rates and exceptionally tight labour markets have weighed on all provincial economies this year. And they’ve brought a new set of challenges to households and businesses just as fading pandemic disruptions were supposed to make things easier. But these are symptoms of economies running hot.

Learn more

The spousal loan strategy is a method of income splitting that may enable couples to lower their overall family tax bill by entering into a prescribed rate loan arrangement. This arrangement is typically beneficial for couples where one spouse has significantly more taxable income than the other. This article outlines the basics of the spousal loan strategy.

Learn More

If you have high taxable income, you may be inclined to look for tax deductions or tax credits to reduce your tax liability. One possible option is to purchase flow-through investments. They may allow you to reduce your taxable income and thus reduce your tax liability. This article provides an overview of flow-through investments and discusses the tax implications of purchasing flow-through investments.

With cities around the world facing increasing environmental pressures and infrastructure needs, the final article of the SusTech series focuses on metropolises that use high-tech solutions to manage the challenges of urbanization in the 21st century. As these Smart Cities enable urban sustainability, the companies and industries at the forefront of this transformation should see long-lasting channels of growth.

Today’s realities and tomorrow’s challenges are calling for new, technology-driven food production and distribution solutions spanning a range of activities from farm to table. In the fifth article in the SusTech series, we look at technologies that offer the promise of feeding a growing global population while limiting the burden on the environment.

With bloated costs and gaps in access to quality services, the traditional health care model is plagued by its own chronic conditions. But at the intersection of health care and technology, we’re seeing the development of a remedy for what ails health care. We look at the change that is afoot and what it means for the investment landscape.

Sustainability in business isn’t just about “doing good”—it’s about good business sense. Technologies that mitigate the challenges of the 21st century are likely to see long-lasting waves of growth, creating long-term opportunities for companies and shareholders alike.

As the recovery’s momentum builds, what does a normalizing global economy hold in store for financial markets? As we enter H2 2021, all signs point to a continued economic improvement and no recession in the immediate future. Although a correction is always possible, we don’t view one as inevitable.

Once, the green technologies theme was a niche that was “nice to have.” Now, we’re seeing a transformative shift to a clean energy world, and with it the next normal. We explore four key drivers underpinning the GreenTech growth prospects. Companies developing environmentally-friendly technologies present interesting long-term investment opportunities, in our view.

Hydrogen is the lightest of all elements, but it has the potential to be a heavyweight in the transition to clean energy. Startups and seasoned corporations in a variety of sectors are already committing to innovative hydrogen applications, and governments are setting ambitious goals. It won’t be a one-size-fits-all transition. There will be—and should be—regional differences in the uses and export of hydrogen, especially in the early years. The report takes a closer look at hydrogen’s global potential, including untapped opportunities for its use in a variety of industries.

Deputy Prime Minister and Minister of Finance Chrystia Freeland released the long-awaited federal budget on April 19, 2021, more than two years after their last full budget. The budget featured an unprecedented $101 billion of stimulus aimed at spending Canada’s way to growth.

When the end of the year approaches, many individuals place a greater focus on tax planning to minimize their income tax liability. Beyond the end of the year, however, there are some areas of tax planning that often get overlooked. For example, there are tax planning strategies that may only be available early in the new year. With that in mind, this article summarizes some of the strategies that have deadlines in early 2021.

Preserving and growing your wealth may involve implementing tax, investment and estate planning strategies that suit your circumstances and goals. While some strategies are available throughout your lifetime, others are only available in the year you turn age 65 and beyond. This article discusses financial planning considerations for seniors and offers an overview of commonly used strategies.

Millions of Canadians unexpectedly had to start working from home due to the COVID-19 pandemic. In response, the government announced plans in their Fall Economic Statement to simplify the process for deducting home office expenses. On December 15, 2020, the Canada Revenue Agency (CRA) released the details on a simplified method for claiming these expenses for 2020. This simplified method has made the home office expense deduction available to more individuals. This article discusses the circumstances in which home office expenses incurred by salaried and commissioned employees are deductible, as well as whether allowances and reimbursements provided by an employer are taxable.

As a business owner, you most likely rely on the income generated by your corporation’s business to fund your lifestyle. You may also hope that your business accumulates sufficient capital to meet your income needs in retirement. If so, you should consider your long-term objectives for any surplus cash accumulating in your corporation, whether they involve boosting your retirement savings or enhancing the value of your estate. This article discusses possible retirement and estate planning strategies relating to your business featuring tax-sheltered growth and tax-free payouts.

Vacation properties go by many names: cottage, chalet, camp, cabin or secondary home, for example. For many Canadians, regardless of what you specifically call it, these types of vacation properties are a source of great personal enjoyment. Some owners may feel strongly about keeping their vacation property within the family, and if that’s the case, it’s important to consider how best to transfer ownership to younger family members. This article reviews various tax implications and strategies that can be used in passing ownership of your vacation property to the next generation.

As a business owner, you most likely rely on the income generated by your corporation’s business to fund your lifestyle. You may also hope that your business accumulates sufficient capital to meet your income needs in retirement. In the meantime, what should you do with any surplus cash accumulating in your corporation? This article introduces some of the options you can consider if you have surplus cash in your corporation and provides a decision tree to help you address your personal and corporate needs.

Maximizing your retirement income may be an important aspect of enjoying and making the most of this new phase of your life. However, a large portion of your major sources of retirement income may be taxed at the top marginal tax rate with no preferential tax treatment. Fortunately, there are several approaches you may want to consider to maximize your after-tax retirement income.

Suppose you own a home that is free and clear of any mortgage as well as a rental property on which there is a mortgage. Let’s assume the interest payments on your rental property mortgage are currently tax-deductible. What would happen if you wanted to switch the properties so that you would now live in the rental property and rent out your principal residence? How could you ensure that the interest on your mortgage continues to be deductible? This article discusses the interest deductibility rules as they relate to swapping your principal residence and rental property.

To enhance the retirement income of an incorporated business owner, incorporated professional or key employee, an Individual Pension Plan (IPP) may be a possible solution. An IPP is designed to provide asset diversification, increased retirement savings when compared to a registered retirement savings plan (RRSP), significant corporate tax deductions from contributions, tax deferral and creditor protection. This article discusses the key concepts associated with IPPs.

The pandemic has marked the start of a new economic era—one where old rules are swept away. World governments are racking up massive borrowing, money is being printed to buy government debt at an unprecedented pace, and governments’ role as capital allocator has grown markedly. As 2021 approaches, the promise of vaccines means we could leave behind a world of social distancing and lockdowns. But what are we heading toward?

Learn more

Do U.S. presidential elections matter to markets, and therefore to investors? What is the likely impact on both of a win by a Democrat versus a Republican? Historically, presidential election outcomes have delivered surprising results when it comes to equity market performance, defying the “common wisdom” that they perform better under Republicans due to policies such as lower corporate taxes and less regulation.

Learn more

The U.S. government moves more like a lumbering supertanker than a speedboat that can suddenly veer off in new directions. Yet a Democratic sweep of the White House and Congress, were that to be the election outcome, would bring with it some key policy changes. We look at how this scenario could affect different market sectors and subsectors, and identify which of these could be the winners and losers.

Learn more

Like a ferocious storm, the COVID-19 pandemic swamped global economies and markets – and shook investors’ portfolios. With uncertainty still swirling, it’s a wise time to reaffirm, reassess and review. You'll find more information in the following PDF :

Learn more

The decade-long economic expansion that started after the Great Recession in the latter half of 2009 entered 2020 already looking rather tired and worn, with economic indicators steadily losing steam. COVID-19 was the catalyst that brought a sudden end to one of the greatest economic expansions in modern history – and its effects will likely be felt for some time. It’s a difficult time to be an investor, but there are things you can do (or not do), while looking forward to the inevitable recovery. You'll find more information in the following PDF :

Learn more

On March 18, 2020, the Prime Minister announced certain economic measures to help stabilize the economy that will provide support for Canadian workers and businesses. This PDF contains a summary of these proposed measures.

Learn more