Financial Library

Preparing for Wealth Transfer

Posted on: May 9, 2022

By 2026, an estimated $1 trillion in personal wealth will be transferred from one generation to the next in Canada1, the largest transfer of wealth in our country's history. This transition involves financial complexities for both benefactors and their heirs. Without planning and clarity, wealth transfer can lead to confusion and misunderstandings.

If you are preparing to bequeath wealth to your heirs or anticipate receiving an inheritance, some of the information outlined below might be helpful.

Tags: 
estate planning

Dollar Cost Averaging

Posted on: May 9, 2022

Let us imagine that you have a plan to be a wise investor and use your funds to make strategic deposits into your various investment funds. You've heard about the investment strategy of buying any time the market is low with the plan of selling when the market turns upward.

Tags: 
investing
investment

Update on Ukraine & Income Tax Deadlines

Posted on: April 11, 2022

My last newsletter was written just as Russia had invaded Ukraine and at that time, we had no idea how things would play out. I wish that by now, I would have been able to report that this was a short-lived conflict. As I write this though, we are six weeks into a very violent conflict. We have followed this war closely as it obviously impacts the global economy in significant ways. We have witnessed a terrible assault on the people of Ukraine which has included many fatalities.

When Interest Rates Rise

Posted on: April 11, 2022

One way to curb rising inflation is to increase interest rates, and that is what the Bank of Canada (BoC) is expected to do incrementally - over the next year. As interest rates begin to tick upward, it is an ideal time to look at your financial position, including your debt and savings strategies.

Tags: 
investment planning

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