by Admin | Mar 12, 2020 | Uncategorized
What is happening in the markets? The number of coronavirus cases outside of China recently spiked, triggering panic among investors and a drop in equity markets over the past several trading days. After setting all-time highs just last week, the S&P 500 Index...
by Admin | Feb 12, 2020 | Uncategorized
As we age and our thoughts turn to estate planning, Segregated Funds may present a valuable planning opportunity. As we progress through the stages of life our investment focus changes from growth to income to preservation. Usually, the expected rates of return reduce...
by JimDavison | Jun 27, 2016 | Uncategorized
Critical Illness Insurance – Not Just for Adults Most of us have experienced or known someone whose family has been greatly impacted by a parent being diagnosed with a life-threatening disease or condition. But what about when it happens to children? Sadly,...
by JimDavison | May 16, 2016 | Uncategorized
Ownership of individual life insurance at its lowest level in 30 years The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households: Individual ownership of Life Insurance was at its lowest level...
by JimDavison | Apr 25, 2016 | Uncategorized
As a business owner, you may be aware that when you dispose of shares in your business you could receive an exemption on all or a portion of the capital gains that ordinarily would be taxable. This is due to the Lifetime Capital Gains Exemption which says that, for...
by JimDavison | Mar 11, 2016 | Uncategorized
The new rules governing CPP were introduced in 2012 and they take full effect in 2016. The earliest you can take your CPP Pension is age 60, the latest is 70. The standard question regarding CPP remains the same – should I take it early or wait? While you can...
by JimDavison | Jan 6, 2016 | Uncategorized
Permanent life insurance, such as Whole Life or Universal Life, has long been accepted as a tax efficient way of accumulating cash for future needs. Soon the amount of funds that can be tax sheltered within a life insurance policy will be reduced by new tax rules...
by JimDavison | Dec 15, 2015 | Uncategorized
If you are a grandparent wishing to provide an asset for your grandchildren without compromising your own financial security you may want to consider an estate planning application known as cascading life insurance. How does the Cascading Life Insurance Strategy work?...
by JimDavison | Nov 3, 2015 | Uncategorized
Growing your estate without undue market risk and taxes Often we see older investors shift gears near retirement and beyond. Many become risk averse and move their assets into fixed income type investments. Unfortunately this often results in the assets being exposed...
by JimDavison | Oct 19, 2015 | Uncategorized
Or so the saying goes. This certainly is true in Canada where there is a “deemed disposition” when a taxpayer dies. What this means is that a taxpayer is deemed to dispose of all his or her assets at fair market value immediately preceding death. How does this affect...
