Investment Insights – Spring 2023
Download PDF here Change is the Only Constant “A new technology bids to transform the human cognitive process…redefine human knowledge, accelerate changes in the fabric of our reality and reorganize society.” These are the words of Henry Kissinger on the age of artificial intelligence (AI) and the potential impact of ChatGPT — the AI chatbox […]
2023 Tax Resources
March 9, 2023 Download our 2023 tax reference cards and resources. Corporate Tax Rate Card LIF and RLIF Minimum & Maximum Factors Form T1135 – Foreign Income Verification Statement Income Tax Information Slips Tax Information and Return Dates Province and Territory Specific 2023 Personal Tax Planning Cards
March Market Insights: Fire and Ice – The Fight Between Inflation and Deflation
March 6, 2023 What’s a More Significant Risk, Inflation or Deflation? Download this PDF here. “Some say the world will end in fire, some say ice. From what I’ve tasted of desire, I hold with those who favor fire. But if it had to perish twice, I think I know enough of hate to know […]
2023 Personal Tax Planning Cards
February 24, 2023 Download our province and territory-specific 2023 Personal Tax Planning Cards below. Alberta Tax Planning Card British Columbia Tax Planning Card Manitoba Tax Planning Card New Brunswick Tax Planning Card Newfoundland and Labrador Tax Planning Card Northwest Territories Tax Planning Card Nova Scotia Tax Planning Card Nunavut Tax Planning Card Ontario Tax Planning […]
RRSPs 101
A Better Understanding of a Registered Retirement Savings Plan Click here to download the PDF. What is a Registered Retirement Savings Plan (RRSP)? An RRSP is a retirement savings account available to any Canadian individual taxpayer under the age of 72 and to which they or their spouse/common-law partner can contribute — subject to their […]
February Market Insights: Apocalypse Delayed – The U.S. Debt-Ceiling Debate
February 15, 2023 What if the U.S. Government Defaults on its Debt? Download this PDF here. “It’s never paid to bet against America.” – Warren Buffett If the U.S. was to default on its debt obligations, it would cause investors to flee from U.S. Treasuries, leading to a decrease in confidence in U.S. government […]
Naming Your Executor: Friend or Pro?
February 2, 2023 Download this article as a PDF. A key element of estate planning is choosing an executor, someone you trust to carry out the instructions in your will. To ensure that the administration of your estate is completed efficiently and economically, it’s important to carefully evaluate your needs and choose your executor wisely. […]
Kluge Wealth Advisory Group – A few thoughts about 2023
Based on questions I have been getting from clients I have collected a few thoughts. As always, the focus of the Kluge Wealth Advisory Group is on preparation and not prediction. We always need to be prepared for a wide range of events and outcomes and to carefully balance both risks and rewards. First, […]
Tax-Free First Home Savings Account
January 24, 2023 Download this article as a PDF. On November 3, 2022, the Department of Finance released updated draft legislative proposals outlining the First Home Savings Account (“FHSA”). The FHSA was first introduced in the 2022 Federal Budget to address the increasing difficulty Canadians are experiencing in buying a first home due to rising […]
Understanding the New Reporting Requirements for Trusts
Download this article as a PDF. 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 […]