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Financial planning insights and guidance

Potential Impacts of Proposed U.S. Tariffs on Canadian and Mexican Imports

President-elect Donald Trump’s proposed 25% tariff on Canadian and Mexican imports has sent shockwaves through markets, threatening to disrupt trade, weaken the Canadian dollar, and impact key industries like energy, manufacturing, and autos....

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Trump Leads a Red Wave, S&P 500 Crosses 6000, Bank of Canada and Federal Reserve Rate Cut

President Trump’s re-election as the 47th President of the United States, accompanied by a Republican majority in Congress, signals significant shifts for the U.S. economy, financial markets, and Canada’s cross-border relationship....

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Bank of Canada October Meeting: Another Rate Cut, but with a Cautious Outlook

The Bank of Canada has cut its overnight rate by 50 basis points to 3.75%, marking the fourth consecutive reduction and the largest since the pandemic. With a dovish outlook, the Bank signals a cautious approach going forward....

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Exploring Charitable Giving: Donor Advised Funds vs. Private Foundations

Two popular vehicles for structured charitable giving are Donor Advised Funds and Private Foundations. Each has its unique features, benefits, and considerations....

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Bank of Canada July Meeting

On Wednesday July 24th, the Bank of Canada cut its key interest rate by 25 basis points (bps) to 4.50%. This is the second consecutive rate cut following the 25 bps reduction in June....

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Establishing a Private Foundation: Key Considerations and Guidelines

Creating a private foundation is a meaningful way to establish a legacy aligned with your personal values, beliefs, and philanthropic goals....

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Employee Ownership Trusts

The recent introduction of Employee Ownership Trusts (EOTs) offers a promising new avenue for business owners to ensure a smooth and tax-efficient transition of business ownership to their employees....

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Maximizing Retirement Savings with a Corporate Insured Retirement Strategy

For business owners seeking a strategic, tax-efficient method to secure their retirement while safeguarding their business interests, the Corporate Insured Retirement Strategy (CIRS) offers a compelling solution....

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Capital Gains Tax Update: What You Need to Know Now

As outlined in our 2024 Federal Budget Review publication, Budget 2024 proposed several important new measures impacting individuals and business owners, most notably the proposed increase in the capital gains inclusion rate....

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June Federal Reserve Meeting

At the June meeting, the FOMC announced that they would continue to hold the Fed Funds rate at 5.25%-5.5% for the seventh straight meeting...

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