Managing Your Wealth

A RRIF is very much like an RRSP in reverse. An RRSP is an account designed to help you save for retirement – a RRIF is an account designed to provide annual income in the form of withdrawals from a registered plan during your retirement. Click to read on about how you can benefit from an RRIF.

Investors are often subject to behavioural biases that can lead to flawed decisions and choices. Being aware of these biases – and understanding how they arise from your background and life experiences – can help you make better investing decisions and help achieve your financial goals.

This is a helpful resource summarizing important tax, retirement and estate planning information.

The past year rewarded investors for staying invested despite lots of uncertainty. Double-digit returns across most regions allow many to enter 2026 in a stronger position—but also facing another complex market backdrop. In our view, this is a year that calls for balance: maintaining conviction in Equities while broadening exposures across regions and sectors; complementing growth with yield opportunities; and pairing upside participation with appropriate risk management. In our 2026 market outlook, we break down five key investment themes that we believe will drive returns in the year ahead.

The attached article – Preparing Your Last Will and Testament – explains various aspects of Will preparation including, the importance of appointing an appropriate executor, life events that warrant a Will review and the use of testamentary trusts.

This is designed to help your family, executor (referred to as a “liquidator” in Quebec), or Power of Attorney for Property (referred to as a “mandatory” in Quebec) locate all of your important documents and other information needed to administer your estate or act as your Power of Attorney for Property

Parents are often interested in making substantial gifts to their adult children to give them a good start in life, to mark a significant occasion or simply to enjoy seeing their children benefit from their accumulated wealth. However, you should plan in advance to ensure any gift does not suffer unintended consequences.

If you are holding investment accounts at multiple financial institutions, consider consolidating them. Consolidation can help you manage your money efficiently and effectively, thereby simplifying your life and the ability to access more comprehensive advice.

This article provides an overview of the information and tools available through Gateway. A key feature of Gateway is the ability to access your BMO Nesbitt Burns account statements and trade confirmations electronically by signing up for eDocuments.