Contrary to what its dizzying rise would suggest, gold is not one of the best performing commodities. It will, however, continue to be an alternative currency to the U.S. dollar as investors take a flight to safety, according to experts at BMO Harris Private Banking. Admitting that gold has run too far too quickly, experts […]
Don’t let the 12-page and eight and a half foot long Disability Tax Credit application form – T2201 – deter you from getting what is rightfully yours. And while you’re at it, let your advisor help you use lucrative tax credits to offset medical costs. The time to understand tax consequences of serious illness is […]
Don’t let the 12-page and eight and a half foot long Disability Tax Credit application form – T2201 – deter you from getting what is rightfully yours. And while you’re at it, let your advisor help you use lucrative tax credits to offset medical costs. The time to understand tax consequences of serious illness is […]
Few things are more disturbing than listening to a discourse on divorce
Although late to the party, Canada is considerably further ahead on the financial literacy continuum than the simple chronology of history suggests. Financial literacy, therefore, could have a measurable impact on the economic output of Canada, said Donald Stewart, CEO, Sun Life Financial, speaking at the Distinguished Advisor Conference (DAC) 2010 in Orlando, Florida. But […]
Financial literacy: now available in junior packaging. Financial education is set to become part of the Ontario curriculum for students from Grade 4 to Grade 12 come September 2011. Ontario’s financial community has roundly applauded the government initiative. “It’s fundamental to the future well-being of Canadian society,” says Cary List, president and CEO of the […]
Financial planning is a knotty exercise at the best of times. Imagine then the complexity of it when it must be done around assets, owners and interests that straddle borders. Now more than ever, individuals and their families are moving back and forth between Canada and the U.S. for personal and professional reasons. This creates […]
Don’t rush out and get that 200-page compliance manual that you’ll never open. It will likely just collect dust, as 80% of it has little to do with the average advisor’s business. That message for mutual fund and life insurance advisors comes from Julie Mansi, a corporate lawyer with Borden Ladner Gervais LLP (BLG). “It […]
No matter what they do, financial advisors are going to get sued. And what’s worse is the court is not a level playing field. An ounce of prevention, therefore, is worth a pound of cure, says Ruth Mercer, senior general adjuster for Crawford & Company (Canada) Inc. Speaking to the audience at the Independent Financial […]
It seems too good to be true, and it is. This, in short, sums up the industry experts’ response to the recent media reports linking the U.S. election cycle to rallies in stock markets promising pay dirt. Calling it the “best formula going” these reports claim “shares usually fall or drift during the first half […]