Central Banks Walking on a Knife’s edge
With a mandate of setting monetary policy, central banks have a profound effect on economic activity and personal wealth. Through the control of the money supply, interest rates, and regulation of credit and the banking system, central banks have the herculean mandates of maintaining price stability and maximizing employment. While the job of central banks […]
Picks and Shovels
On the morning of January 24, 1848, carpenter James Marshall was building a sawmill in Coloma, California (60km NE of Sacramento), when he spotted shiny flecks in the river below. His find was confirmed to be gold, thus setting off the California Gold Rush that would see 300,000 people descend on the region between 1848-1850. […]
A Look Ahead to Q4 with Himalaya Jain
BENEFICIARY DESIGNATIONS – ENSURING YOUR WEALTH GOES WHERE YOU WANT
Two recent Ontario Court Decisions have Potentially Significant Impact on Beneficiary Designations We work hard throughout our lives. This hard work may enable us to purchase a home, perhaps enjoy a few vacations, and save excess funds which we hope to transfer to those we love upon our passing. Normally, this wealth transfer upon death […]
The Recovery is Delayed, Not Cancelled
The rollout of vaccines at the beginning of the year was expected to be the silver bullet that ushered the global economy back to normal. While global vaccination campaigns have resulted in the gradual easing of restrictions, issues with efficacy against new variants and hesitancy mean that the path to full recovery has been slower […]
Successfully Passing on the Family Cottage
For many Canadian families, cottages are a second home which hold unique emotional value for the family, reflecting special moments and memories together. However, when the time comes to pass on the family cottage to the next generation, challenges and conflicts may arise if the family has not put a plan in place. While many […]
Inflation Holds the Key to Second-Half Market Performance
As the halfway point for 2021 approaches, it’s time to assess performance and recalibrate expectations for the balance of the year. In our December 2020 newsletter, our expectations for 2021 included positive equity markets driven by sector rotation (motivated by a gradual lifting of pandemic restrictions), headwinds for fixed income, higher commodity prices, and a […]
Corporate-Owned Life Insurance: Here’s What You Have to Consider
In a previous article, we discussed Corporate-Owned Life Insurance (“COLI”) and how it can benefit your business and enhance your estate. Overall, life insurance, particularly in the corporate sense, is a valuable asset and in the right circumstances, there are many benefits to owning it. Some of the key benefits to COLI include the following: Growing wealth […]
Bill 245 – Significant Changes to Ontario’s Estate Laws
Family, Estate and Succession laws are changing with the Royal Assent of Bill 245, Accelerating Access to Justice Act, 2021 on April 19, 2021. These changes are made to modernize the legal system in Ontario. The passing of Bill 245 has significant implications to estate planning for Ontario residents. For individuals who may be […]
Growth At a Reasonable Price
Download PDF For the past several months, we’ve been concerned about speculative activity and overvaluation in certain pockets of the marketplace. Evidence of this has been widely available: elevated retail investor participation, increased number and size of initial public offerings, heightened usage of leverage, and detachment between fundamentals and prices resulting in high valuation multiples. […]