HNW Blog

The Corporate Wealth Transfer strategy is common planning strategy that helps business owners transfer surplus assets held in their Canadian Controlled Private Corporation (e.g. a holding company). This approach is ideal for those with excess cash or...

The recent announcement of U.S. tariffs on Canadian and Mexican imports is expected to have significant economic consequences. Tariffs drive up costs for businesses and consumers, fueling inflation and reducing overall economic activity. If these tariffs...

Given the political uncertainty facing Canada, the fate of many of the measures announced in the 2024 Fall Economic Statement is highly uncertain. However, the fiscal update still serves as a snapshot of where the economy is headed and how upcoming challenges...

How We Manage Risk To understand how we manage risk, it’s important to first define risk. To us, we think of risk as not having money when you need it. Let us illustrate this concept with a very simple example: Your car is 7 years old with 200,000 km...

In 2023, Canada launched the FHSA (Tax-Free First Home Savings Account), a new financial tool designed to help first-time home buyers save up to $40,000 tax-free. Think of it as a hybrid between the RRSP and TFSA: you get the tax-deductibility of an RRSP...

If only we were to get a dollar for every client who either tells us they don't have a will, or that it hasn't been updated for a long-time.... As part of our offering, we do provide those qualifying clients with a will and estate consultation through...

The perfect storm, it feels. A strong equity market + an increase in the capital gains inclusion rate means more emphasis/planning to reduce our tax bill come April. Mind you, there is still a couple of months left in 2024, and if you are as tuned into...

So, what’s the big idea with TFSAs? Simple. They’re one of the best savings tools in Canada because they allow your investments to grow tax-free. That’s right, no tax on interest, dividends, or capital gains. The TFSA started back in 2009, and the government...

On May 29th, I had the privilege of hosting Catherine Philogene from RBC Global Asset Management to talk Responsible Investing, a subject near and dear to me. Catherine and I cover the basics of Responsible Investing (what it is, the strategies involved...