The most difficult dilemmas to solve are those with a strong rational and emotional case for either choice. That certainly applies to deciding between spending and saving, especially if the saving is for retirement. Is it okay to spend that money now? Or is now the time to invest those dollars and beef up your retirement savings?

This quarter, our wealth planning focus was on Finance’s proposed changes to the taxation of private corporations. We also heard from Peter Hofstra, Senior Portfolio Manager of Harbour Advisors on their Canadian Equity Value Pool.

Clients and members of the Assante Group of Seven Wealth Advisors were treated to a remarkable evening of music and art in appreciation of the one-year partnership between CI Assante Wealth Management and the McMichael Canadian Art Collection.

On July 18, 2017, the federal Department of Finance set out proposed tax changes that will significantly impact the taxation of virtually all private corporations in Canada. 

While a Registered Retirement Income Fund (RRIF) is generally fully taxable on death, it is possible for spouses (including common-law partners) to leave RRIF assets to one another on death in a way that defers taxes. 

In December, many people face a time crunch with holiday planning and end-of-year tasks. But you can reduce the stress by getting a head start on your financial to-do list. Here are some steps you can start planning now.

While RRSPs are generally fully taxable on death, it is possible for spouses (including common-law partners) to leave RRSP assets to one another on death in a way that defers taxes.

This quarter, our wealth planning focus was on tax efficient alternatives to Tax-Free Savings Accounts. We also heard from Kamyar Hazaveh, Vice-President, Portfolio Management and Portfolio Manager, Signature Global Asset Management on their outlook for the global bond market.

A power of attorney that takes effect only when a triggering event occurs, often referred to as a “springing” power of attorney, is permitted in most provinces. However, it is important to be aware of the implications that are associated.

Assante Group of Seven Wealth Advisors sponsor the McMichael Canadian Art Collection’s Moonlight Gala, bringing the total of funds raised towards the preservation of Canadian art to $675,000.