Cresco’s Chris Durno Featured in My Business Magazine
“Delivering high-end service every single time” If Cresco Wealth Management were a hockey team, it would have a large enough roster to dress for a game. With 18 team members, including seven Advisors, it’s likely no surprise that one of Cresco’s major strengths is its team-based approach. And with every member a first line player, […]
Understanding the New Reporting Requirements for Trusts
Is your name on legal title for any assets that you don’t have a beneficial interest in (i.e., a Bare Trust)? Perhaps your name is legally on your parents’ home, or maybe your child’s banking or investment accounts? If this is the case, you may have a new reporting obligation with the Canada Revenue Agency (“CRA”).
Cresco Welcomes Wayne De Boer
We are excited to announce that Wayne De Boer has joined the Cresco team as our Senior Wealth Planner.
Canada’s Top Wealth Advisors: Best in Province
We are so proud to announce that Dean Bradshaw from Cresco Wealth Management, Wellington-Altus Private Wealth has been recognized on the Globe and Mail’s inaugural ranking of Canada’s Top Wealth Advisors: Best in Province. This new list is designed to celebrate excellence in our industry and to highlight for investors the best financial support available […]
Donating Shares: A Tax-Efficient Form of Philanthropy
Download this article as a PDF. When it comes to philanthropy, Canadians today are more intentional, want to see the impact of their gift, and are giving more. With intentional philanthropy, clients should address the following questions: When do they wish to give? Today, next year, or in their Will? How do they wish to […]
Canadian Snowbirds and U.S. Taxes: Avoiding Turbulence
Download this article as a PDF. Canadian residents who routinely fly south to escape the cold winters at home may not be aware that they could face U.S. tax consequences. This article looks at how spending extended periods in the U.S. can subject Canadians who are not otherwise U.S. taxpayers (i.e. U.S. citizens or green […]
Earlier or Later? Deciding When to Start Canada Pension Plan Retirement Benefits
Many individuals approaching retirement wonder if there is an optimal age to begin taking their Canada Pension Plan retirement pension benefits (CPP).
Employee Spotlight: Sharon Lozinski
Sharon has been a Senior Investment Associate with the Cresco Wealth Management team for 8 years now. She is a master at her role and an asset to our team. We asked Sharon a few questions to help you get to know her better. Sharon, how did you get your start here at Cresco and […]
Maximizing Your RESP: Withdraw Wisely
A Registered Education Savings Plan (RESP) is a Canadian registered investment account that promotes saving to support a beneficiary’s post-secondary education. Anyone – parents, family and friends – can open a RESP as a “subscriber” for the benefit of a child. Invested contributions grow tax free. But when the time comes to withdraw funds for […]
August Market Insights: The Global Economy has its Hamlet Moment
Rebirth or a Financial Crisis Download this PDF here. “To be or not to be, that is the question. Whether ‘tis nobler in the mind to suffer the slings and arrows of outrageous fortune.” — Hamlet, Act 3, Scene 1, William Shakespeare Words and phrases derive much of their meaning from the context in which they […]