Equity Market Perspectives: Growth Is Expected to Continue
After equity markets continued to reach new highs in 2025, there have been renewed concerns about elevated valuations. Are stock prices outpacing underlying fundamentals, or is there still room to run? Many factors influence market performance—government policies, geopolitical events, economic growth, inflation, interest rates and even the headlines. Yet over the long run, one of […]
For 2026: Make Estate Planning a Priority
Happy 2026! If improving your financial well-being is on your list of New Year’s resolutions, a great place to start is with your estate plan. A comprehensive plan ensures your assets are distributed according to your wishes, while helping to maximize the legacy you leave behind. If you already have an estate plan in place, […]
The End of an Era—and to New Beginnings
It is the end of an era: after 60 years at the helm, one of the world’s most closely watched investors has stepped down as CEO. Very few people stay in one role for six decades. For context, the median tenure with a single employer dropped to 3.9 years in the U.S., while the average […]
Can Your Loved Ones Access Your Estate Planning Documents?
A recent Globe & Mail article highlighted an oft-overlooked estate planning risk: the lost will. In the case of Finsant Estate (2024),1 a will prepared in 2001 named the deceased’s grand-niece as the sole beneficiary. While the will could not be located, the assumed beneficiary asked the court to enforce it, and the estate’s administrator […]
In Brief: Tax Planning Before Year-End
Despite rising living costs, the share of income spent on necessities has declined. In 1976, households spent about 43 percent of their income on shelter, food and clothing. Today, this has fallen to around 35 percent. What has risen is the share we pay to taxes. In 2025, the average Canadian family paid 43.1 percent […]
A 547% Increase? On the Rising Cost of Education
If you’ve eaten fast food recently, you may be surprised by the bill. Thirty years ago, a Big Mac hamburger cost around $2. Today, it is almost four times the price. Over the same period, average family income has risen by 162 percent, while the Consumer Price Index (CPI), the official measure of inflation, increased […]
ARTIFICIAL INTELLIGENCE EXUBERANCE: HOW FAR WE’VE COME
At a Glance: Perspectives on the Big Tech Bull Market After a summer of considerable market enthusiasm surrounding artificial intelligence (AI), it’s worth taking a step back. Why does AI seem to be advancing so quickly? While it may feel like a recent phenomenon, its roots stretch back to the 1950s when Alan Turing proposed […]
A Bifurcation in Sentiment
Markets rarely linger in equilibrium. The pendulum of sentiment swings between fear and greed, and this year has been no exception. After April’s lows, the S&P surged over 30 percent in just two months, one of the fastest rallies in recent history, while the TSX hit multiple all-time highs. Yet, the mood among investors remained […]
Cresco Wealth Management Named as a 5-Star Advisory Team by Wealth Professional – Three Years Running!
We are proud to announce that Cresco Wealth Management has once again been recognized as one of Canada’s top wealth advisory teams by Wealth Professional. For the third consecutive year, we have received the prestigious 5-Star Advisory Team award, a national recognition that celebrates excellence, innovation, and above all, an unwavering dedication to client success. […]
A Credit Downgrade: What’s in a Rating?
In May, Moody’s downgraded the U.S. credit rating from the top Aaa to Aa1. This move by one of the major credit rating agencies—S&P and Fitch are the other two—raised the question: Does a downgrade matter? First, what is a rating? A credit rating assesses a borrower’s ability and willingness to repay debt. Unlike personal […]