December Newsletter

John Ridd - Dec 02, 2022

Market and Portfolio Update

It is hard to believe we are saying that already after what has been a tumultuous year for the markets and the economy. All the more reason to look forward to enjoying time with family and friends and celebrating this wonderful time of the year!

 

Last week we had mentioned we moved into the Yellow Zone earlier in the week.. The change this week is that our Stoplight; Equity Action Call, has now moved into the Green Zone.It has come rather quickly as markets have moved up from the bottom, and so far, have held.

 

Read More

 

 

Networth Newsletter

Read the latest wealth management insights in this edition of the NetWorth newsletter

  1. Differences between U.S. and Canadian mortgages: While there are many similarities between mortgage loans in the U.S. and Canada, there are also significant differences. If you’re planning to purchase a property in the United States, you’ll want to get familiar with these differences to avoid surprises. Click here to read more.
  1. 5 Common Challenges for a Family Enterprise: Statistics show that family enterprise is the most common form of business ownership worldwide. In Europe and Asia, some businesses have been family owned for over 10 generations. In Canada, it is estimated that 60% of the GDP is driven by family enterprises employing more than six million people. Families in business together often feel isolated by the challenges of working in such a personal environment. In reality, many families face the same complications regardless of the industry they operate in or the size of their business. Click here to read more.
  1. Agreeing to a Shared Purpose – ‘The purpose of Purpose’ Virtual Event Series: Earlier this year, BMO Family Office held the first of a three-part virtual series with Stonehage Fleming entitled, ‘The purpose of Purpose.’ Focusing on the issues facing families stewarding substantial wealth on a multi-generational level, the session started with a few words from Neil Hershcovitch, Chief Operating Officer and Investment Platforms at BMO Family Office Canada. Click here to read more.

 

Monthly Feature

2022 Year-End Tax Planning Tips

 

Since many tax strategies require foresight to be effective, tax planning should be a year-round activity.  However, as year-end approaches, there are still opportunities to reduce your 2022 tax bill.

 

Read more