Wealth – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Fri, 08 Sep 2023 15:56:48 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Wealth – Advisor's Edge https://phoenix.advisor.ca 32 32 IRS plans crackdown on 1,600 millionaires to collect back taxes https://phoenix.advisor.ca/tax/tax-news/irs-plans-crackdown-on-1600-millionaires-to-collect-back-taxes/ Fri, 08 Sep 2023 15:56:48 +0000 https://www.advisor.ca/?p=230549 Artificial intelligence is playing a big role in identifying wealthy tax dodgers

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Poorer households hit harder by economic conditions: StatsCan https://phoenix.advisor.ca/news/economic/poorer-households-hit-harder-by-economic-conditions-statscan/ Tue, 04 Jul 2023 18:17:36 +0000 https://www.advisor.ca/?p=228085 Wealth and income inequality rose in the first quarter

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5 strategies to transition the family business https://phoenix.advisor.ca/news/industry-news/5-strategies-to-transition-the-family-business/ Thu, 15 Jun 2023 21:02:16 +0000 https://www.advisor.ca/?p=226798 A report from the Family Entreprise Foundation offers ideas to prepare the next generation

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Pandemic wealth gains wiped out: StatsCan https://phoenix.advisor.ca/news/economic/pandemic-wealth-gains-wiped-out-statscan/ Thu, 19 Jan 2023 21:00:46 +0000 https://www.advisor.ca/?p=220971 A "perfect storm" drove a drop in household net worth in Q3

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Declining wealth to torpedo spending, growth: RBC https://phoenix.advisor.ca/news/economic/declining-wealth-to-torpedo-spending-growth-rbc/ Wed, 26 Oct 2022 17:14:32 +0000 https://www.advisor.ca/?p=215521 Household wealth expected to drop by $1.6 trillion from pandemic heights

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Wealth, income gaps widening once again: StatsCan https://phoenix.advisor.ca/news/economic/wealth-income-gaps-widening-once-again-statscan/ Mon, 03 Oct 2022 18:08:17 +0000 https://www.advisor.ca/?p=214545 After a pandemic pause, inequality is growing as poor hit harder by downturn

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Biden’s budget plan includes 20% minimum tax on households worth $100 million or more https://phoenix.advisor.ca/tax/tax-news/bidens-budget-plan-includes-20-minimum-tax-on-households-worth-100-million-or-more/ Mon, 28 Mar 2022 17:22:19 +0000 https://www.advisor.ca/?p=207498 New tax on the ultra wealthy would include ``unrealized gains''

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As rates rise, households sit on record debt piles https://phoenix.advisor.ca/news/economic/as-rates-rise-households-sit-on-record-debt-piles/ Tue, 15 Mar 2022 17:55:36 +0000 https://www.advisor.ca/?p=207065 Both household assets and debts are well above pre-pandemic levels, RBC reports

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Income inequality improved to record low in Q3 https://phoenix.advisor.ca/news/economic/income-inequality-improved-to-record-low-in-q3/ Fri, 28 Jan 2022 20:17:52 +0000 https://www.advisor.ca/?p=205286 However, the bottom 40% of households still control less than 3% of net worth in Canada

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How advisors can support women’s growing share of wealth https://phoenix.advisor.ca/news/industry-news/how-advisors-can-support-womens-growing-share-of-wealth/ Tue, 14 Dec 2021 22:00:41 +0000 https://www.advisor.ca/?p=204017 Women may rely more on facts than their guts when making investment decisions

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