September Market Insights: The Fed’s High-Wire Act
The adage, “Discretion is the better part of valour,” has never been more pertinent as the U.S. Federal Reserve cautiously navigates between the perils of inflation and deflation. In the world of economic policy, the Federal Reserve finds itself delicately engaged in a balancing act akin to a tightrope walker traversing a starlit sky obscured by clouds.
August Market Insights: Unveiling The Crystal Ball
In early 2021, I presented a thesis regarding the latest inflation episode and its potential economic implications. At that time, I shared a perspective that differed from the prevailing narrative.
Reducing Household Taxes Through CPP Sharing
Download this article as a PDF. If you are collecting or have applied to collect your Canada Pension Plan retirement pension benefits (CPP) and have a spouse or common-law partner (CLP) in a lower tax bracket, you may want to consider sharing your CPP benefits with them. Let’s look at the “why, how, what and […]
Planning for Families Affected by Disabilities
Download this article as a PDF. More than one-fifth of Canadians over the age of 18 are living with disabilities,1 often with special needs which can entail significant costs. There is a vast network of supports, programs and tax rules designed to assist Canadians and ease the financial burden that can sometimes accompany a disability, but […]
Economic and Tax Highlights from the 2023 Federal Budget
Download this article as a PDF. 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. Together […]
The Cascading Strategy: A Tax-Efficient Transfer of Generational Wealth
Parents, grandparents and other relatives who have achieved financial security often look for wealth transfer planning ideas to leave a legacy for younger relatives — but without incurring a substantial tax liability. The cascading strategy using permanent life insurance is one such planning idea and delivers an effective and tax-efficient way to transfer wealth.
Federal Budget Commentary
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 […]