Estate Planning: Preparing for a Wealth Transfer

With over one trillion dollars of inheritances expected to be passed along over the next decade, taking action to preserve wealth across generations has never been more important.1 Does your estate plan protect this wealth transfer? Here are some considerations: 

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Stock Market Returns: Never a Constant

During buoyant market times, it may be easy to forget that advances in the equity markets often do not happen at a constant rate.

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In Short: The 2021 Federal Budget — How It May Affect You

In April, the federal government released its first federal budget in two years. Perhaps most notably, the federal government expects to continue its significant spending — over $101 billion for the next three years — to support strong economic recovery in the fight against Covid-19. It extended various emergency benefits, resulting in a record deficit and significantly higher projected debt for the foreseeable future.  

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Cutting Through the Noise

Noise, according to Nobel-prize winning economist Daniel Kahneman, is the unwanted variability that can cloud judgment and impact decision making. We can make different decisions when influenced by noise, such as when we are upset, tired or hungry compared to calm, rested or well-fed. Kahneman shows how doctors give drastically different diagnoses to identical patients as a result of this noise. Most of the time, we are unaware of the noise and neglect it. Yet, by reducing it we can make better decisions.

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The Short & the Long of It: GME & the Problem of Wealth Inequality

The rise and fall of GameStop (GME) shares captured the headlines in January. While it exposed the dangers of options trading, it highlighted a more endemic issue: the growing problem of wealth inequality.

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Food for Thought: The Rising Canadian Dollar

Over the past year, the Canadian dollar (CAD) has been gradually appreciating in value, rising by 15 percent after it fell to a low of 0.69 USD in March 2020. What’s driving the loonie’s flight?

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Beyond Buoyant Market Times: Why Advice Matters

The financial markets hit all-time highs to start the year, despite what has been happening on the ground. While investing during bull market times may appear to be a winning strategy, longer-term investors should not forget that markets are cyclical in nature.

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How Much Do You Need to Retire?

Worried about retirement? Specifically, about the cost of retirement and whether you will have enough money? If so, you’re not alone. According to recent surveys, more than half of Canadians are concerned about their retirement savings and the pandemic has only made this situation worse.

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Investing Reminders: Diversification is Important

No matter how you invest, certain principles are important to maintain the boundaries of risk exposure and the return of your portfolio. Diversification is one of these principles.

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The Rise of Cryptocurrencies: Will Bitcoin Become the Next Gold?

As bitcoin continues to hit record highs, it has garnered much attention and fueled an ongoing debate: Is bitcoin the next gold? The current economic environment has helped to support

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Wealth Creation: How Much is $30 Per Week Worth?

Success in building wealth has always started with saving. What may seem like a little can make a big difference over time if you’re able to stick to a regular savings plan.

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Your Estate Plan: Is a Review in Order?

When was the last time you reviewed your estate plan? While this should be done at least every five years or when personal circumstances change, the pandemic reminds us of the value in revisiting plans when circumstances around us also change.

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The Market Pendulum Swings…  A Brighter Economic Outlook

Stock market valuations can swing back and forth from one extreme to the other, sometimes being depressed and offering high value, and at other times appearing overvalued and speculative. Somewhere in the middle of this swing may be the fair value of any particular equity.

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Working From Home? Don’t Forget to Claim Home Office Expenses

Did you work from home last year? As a result of the pandemic, the Canada Revenue Agency (CRA) has made changes to the rules surrounding home office expense claims.

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