Exciting Update – Our New Name, Same Commitment to You
We have some exciting news to share with you. After much thought and reflection, Baun & Pate Investment Group has a new name: Aspire Wealth Partners.
Tariffs are in play? – Special update on our thoughts
We do not know if the 25% tariffs will be implemented tomorrow or there will be an 11th hour deal to delay them. Mexico has come out and said that a deal is in place to delay the tariffs for a month but so far nothing has been confirmed in Canada and there will be another call at 3 p.m. between President Donald Trump and Prime Minister Justin Trudeau to discuss further.
Federal Government Defers Capital Gains Inclusion Rate Increase to 2026
The Minister of Finance and Intergovernmental Affairs, Dominic LeBlanc, announced that the federal government will postpone the implementation of the proposed increase to the capital gains inclusion rate—from one-half to two-thirds. Originally set to take effect on June 25, 2024, the new proposed implementation date is now January 1, 2026.
Prorogation Purgatory: What Parliament’s Shutdown Means for Proposed Tax Changes
On January 6, 2025, Prime Minister Justin Trudeau resigned, effective upon selection of a new leader of the Liberal Party of Canada, and requested that Parliament be prorogued. The Governor General consented to the request, terminating all parliamentary activities until March 24.
Highlights from the 2024 Federal Budget
The 2024 Federal Budget, tabled on April 16, 2024, provides a mix of expected measures and a few surprises. In line with the announcements leading up to Budget Day, Budget 2024 outlines a multitude of measures targeted at housing affordability and the cost of living. The big question was how the government was going to pay for those measures. Budget 2024 delivers the answer with an increase to capital gains inclusion rates.
Economic and Tax Highlights from the 2023 Federal Budget
On March 28, 2023, Canada’s Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland delivered the 2023 Federal Budget. Budget 2023 outlined plans to build a stronger, more sustainable and secure Canadian economy against a backdrop of slower global growth, elevated global interest rates, and high inflation.
Economic and Tax Highlights from the 2022 Federal Budget
Economic and Tax Highlights from the 2022 Federal Budget “These three pillars – investing in people, investing in green transition, and investing in innovation and productivity – will create jobs and prosperity today and build a stronger economic future for our children.” Download this article as a PDF. On April 7, 2022, Canada’s Deputy Prime […]
Economic and Tax Highlights from the 2021 Federal Budget
Economic and Tax Highlights from the 2021 Federal Budget “The truth is that the tragedy of COVID-19 has created a window of opportunity.” On April 19, 2021, Canada’s Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland delivered the Liberal government’s first budget in over two years. The 739-page budget entitled, “A Recovery […]
MoneyShow Canadian Virtual Expo – Investing in a Period of Generational Change
Wellington-Altus Private Wealth Inc. Chief Market Strategist, Dr. James Thorne presenting at this year’s MoneyShow Canadian Virtual Expo. The topic of the presentation is “Investing in a Period of Generational Change”.
Inflation on The Other Side of The Valley
“Only a crisis, actual or perceived, produces real change” – Milton Freidman Will one of the consequences of the Covid-19 crisis be a return to the inflationary era of the 1970s? Sometimes we take the consequences of evolution for granted. In the 1930s, during the Great Depression, many questioned the sustainability of capitalism […]