Highlights from the Federal Budget 2025
Download this article as a PDF. On November 4, 2025, Finance Minister and National Revenue Minister François-Philippe Champagne tabled the much-anticipated 2025 Federal Budget (Budget 2025). With no spring budget earlier this year, Canadians have been eager for insights into the government’s fiscal priorities and economic direction. Our Advanced Wealth Planning Group has summarized the […]
Start the Conversation: Wealth and Estate Planning for Digital Assets
Download this PDF here. When people think about their wealth, they often picture traditional asset classes such as cash, stocks, bonds, real estate, or perhaps more unique holdings like art or coin collections. Historically, these assets have formed the foundation of most families’ wealth, however, in today’s digital world, another category of assets has quickly […]
Estate Planning: Joint Ownership – The Good, The Bad & The Ugly
Owning assets jointly has grown in popularity-with spouses, and now more frequently between parents and children. While there may be benefits, be aware of the potential pitfalls prior to transferring assets into joint ownership. Joint ownership occurs when an asset is owned by more than one person. There are two forms: “Joint tenancy/” (with the […]
Maximizing Future Benefits: OAS Timing Matters – Even for HNW Investors
If you’re nearing retirement, deciding when to start Old Age Security (OAS) benefits should be a consideration. OAS is sometimes overlooked by high-net-worth (HNW) investors for the following reasons: Modest benefit – The OAS benefit may seem less significant for those with substantial assets or significant pension income. Clawback concerns – Many HNW individuals believe […]
SUMMER VACATION THOUGHTS: SEVEN REASONS TO UNPLUG (FROM YOUR SMARTPHONE)
The double edged sword of the information age is that it often feels as though the world is getting worse, even as many things have been gradually improving. While access to information has never been greater, the headlines are driven by negativity and sensationalism, rarely highlighting the progress being made. Yet, we’re living in one […]
No Drama: Plan for a Smooth Family Business Succession
Succession planning is one of the most important — and often overlooked — aspects of running a successful family business. Without a well-defined plan in place, business owners risk unnecessary disruption, lost value, and strained relationships when it comes time to transition leadership. Whether you’re looking to preserve your legacy, maximize the value of your […]
Investing in a Corporation
Download this PDF here. For business owners or incorporated practitioners that generate surplus funds not required to meet personal lifestyle needs or the needs of the business or practice, the question becomes how to maximize the value of these funds? As personal marginal tax rates can be significant, does it make sense to simply invest […]
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.
Donating Shares: A Tax-Efficient Form of Philanthropy
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