https://youtu.be/yZwYmCfMlKo Retiring with $1 million in savings feels like a milestone worth celebrating. But here’s the thing: $1M isn’t a magic number that guarantees zero money worries. Depending on how you tap into your RRSP, TFSA and non-registered accounts—plus how benefits like Old Age Security (OAS) get clawed back—you could easily watch six figures vanish […]
https://youtu.be/v-KSdJjmXE4 You’ve worked for years to save and invest. When your accounts crossed into the $2 million zone, it felt like a victory lap. You might even be picturing stress-free days ahead. You know what? That number is a milestone, not the finish line. Once your wealth hits that level, new challenges emerge—bigger market swings, […]
https://youtu.be/pbT1upyjWPk Retirement planning isn’t just about building a nest egg—it’s about making that nest egg last. One of the biggest “hidden” opportunities (or traps) is the order in which you tap your accounts once you retire. Get it wrong, and you could quietly lose $10,000 or more each year to taxes or clawbacks. Get it […]
We invite you to attend our Wealth Matters webcast, providing timely investment and global market updates. This session will be presented by John Christensen, Regional Vice-President, Wealth Planning of CI Assante Private Client, and Dilmini Bonas, Regional Vice-President, Wealth Planning of CI Assante Private Client. In this webcast, they will cover: Common pit falls to […]
https://www.youtube.com/watch?v=OG1V-MoWfo0 The start of a new year is a perfect opportunity to take stock of your finances and set the foundation for a prosperous future. While financial planning might seem overwhelming, the key to success lies in consistency and small, actionable steps. Here’s how to prepare your finances for 2025 and beyond. 1. Reviewing Financial […]
Recent federal tax changes have made a big impact on family trusts. These changes could make family trusts less beneficial for managing wealth. If you have a family trust or are considering one, it’s important to understand the effects of these new rules. Here’s what you should know about the changes to the capital gains […]
Family trusts have long been a useful tool for many Canadians, offering benefits in estate planning, privacy, and asset protection. However, recent changes in federal tax policy may affect whether a family trust remains the best option for some families. While trusts still hold value in various situations, the new reporting rules and rising compliance […]
In recent years, there’s been a lot of talk in the tax and trust community about new trust reporting rules in Canada. Starting with the 2023 tax year, most trusts have been required to provide detailed information to the CRA. This includes disclosing names, addresses, dates of birth, jurisdictions of residence, and taxpayer identification numbers […]
https://youtu.be/IoTOFZ0v2ds Are you in a season in your life where you’re thinking– “I’m ready to grow my wealth.” “Have more financial security.” We collaborated with Charles Ayodele, Mortgage Broker at Mortgage Broker Finances by Charles Ayodele, to discuss everything about cutting down your taxes on mortgage interest payments! We Can Help We work with business […]
Estate planning is a critical part of securing your financial future, and while most people focus on their physical and financial assets, digital assets are often overlooked. In today’s connected world, our digital footprint is more significant than ever—ranging from online bank accounts and investments to social media profiles and digital subscriptions. So, how can […]
