Rise Above Advertisements with Misleading Claims

I’m sure many of you have seen the Questrade TV advertisements that steadily feature a blasé or disinterested Investment Advisor sitting with his informed client. The premise is that the Advisor is indifferent and charges exorbitant fees for investments. The client is there to inform the Advisor that they are moving their account, and tell them they can get their services cheaper—up to 30%—with Questrade.
On so many levels, this series of ads make me uneasy. Here are my viewpoints:

There […]


Business Owners: Tips for Year End Tax-Planning

Is it too early to think about year end? As a business owner, if you are thinking about tax-planning strategies, not at all. Now is the time to take steps in order to help minimize 2018 corporate taxes and plan ahead for 2019. Here are some helpful tips to review with your professional advisor: 
1. Consider the New Passive Income and Refundable Dividend Rules

For taxation years starting after 2018, certain passive income earned in the company, and associated companies, in […]


Maintain Optimism during Economic Headwinds

It is interesting how quickly the primary focus of many market commentators can shift as they look for things to worry about, perpetuating a pessimistic narrative about market fluctuations.
Today’s Economic Headwinds
A major change in global trade continues to dominate the news as the U.S. imposes tariffs globally. At home, Canada remained side-lined in NAFTA negotiations throughout the summer and the Trans Mountain pipeline project continued to experience setbacks. Italy’s ongoing debt issues, complicated by new political changes, as well […]


The Positives (and Perils!) of Joint Ownership

(NOTE: not applicable to Québec residents)
Joint ownership of assets has been growing in popularity with spouses, and now more frequently between parents and children. While there may be benefits, be aware of the potential pitfalls prior to transferring assets into joint ownership.
Joint ownership occurs when an asset is owned by more than one person. Generally, there are two forms of joint ownership:

joint tenancy (with the right to survivorship)—an arrangement in which the ownership of the asset passes directly to […]