If your or a family member’s health status has recently changed, it may be an opportune time to explore whether this could unlock access to valuable financial support. Many people are unaware that a loved one might qualify for the Disability Tax Credit (DTC) — a tax credit that often serves as a gateway to […]

“The strongest of all warriors are these two: Time and Patience.” – Leo Tolstoy Following the notable gains in both Canadian and U.S. equity markets, some investors may feel hesitant about the prospect of continuing to put money to work. Here are a few myths, debunked, about investing after periods of strong market performance. Myth: […]

Without a doubt, home ownership has become increasingly out of reach for younger generations (chart, bottom right). Canadian home prices have risen faster than in any other G7 country – nearly quadrupling over 40 years (graph, top). As such, many families are stepping in to help. Beyond easing financial stress, this support can have added […]

For many investors, insurance traditionally starts as a risk management tool to provide income protection in the event of unexpected life events. However, over a lifetime, insurance can evolve into a versatile tool that serves the multiple needs of high-net-worth (HNW) individuals. HNW individuals often have different priorities than the average investor. There is typically […]

In the longest-running study on happiness, the Harvard Study of Adult Development found that social connections are the strongest predictor of happiness and health, which in turn may contribute to greater longevity.1 Retirement planning is more than a “number.” Of course, our role is to support your wealth management so you have the means to […]

Canadians are wealthier than ever. The latest statistics show that average household net worth reached $1.03 million last year and continued to rise. Total wealth has grown by 30 percent since 2019, with Millennial and Gen X wealth climbing by over 10 percent in 2024.1 Despite facing one of the toughest job markets in decades […]

When it comes to preserving family wealth, many affluent Canadians face a familiar challenge: how do I pass assets along to future generations in a tax-efficient way? In the past, we’ve discussed various ways to support an intergenerational wealth transfer, such as the use of a testamentary trust, a life annuity and introducing you, as […]

The eleventh letter of the alphabet has taken on new meaning. The letter “K” is now used to describe the bifurcation in today’s economy. Different consumer segments and the businesses that serve them are growing at different rates. Indeed, there’s a divergence. The upward-slanting arm of the “K” represents higher-income households with strong consumer spending, […]

While many of us are unhappy about the high taxes we pay, one way to ease the burden is by fully using tax-advantaged accounts. Yet RRSP participation rates have declined over the past two decades, from 29.1 percent of taxpayers in 2000 to just 21.7 percent in 2022. The good news is that high-income earners […]