All posts by: CI Assante Wealth Management Ltd

Do you have assets that can’t be divided?

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https://youtu.be/BHaAVg3Chwk A vacation property owner has always intended to hand down the property to her two children. However, she’s planning her estate and faces a challenge. Her adult daughter regularly vacations at the lakeside property, but her son lives three provinces away and is no longer interested in the property. The equal split no longer […]

July 2023 Portfolio Construction

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Stephen Lingard, SVP, Co-Head of Multi-Asset, CIGAM Portfolio Management. Headline inflation has been the single biggest macro factor affecting financial markets over the past 18 months due to the resulting impact on global monetary policy. Central banks around the world have scurried to remove monetary accommodation by raising short-term policy rates at the fastest pace […]

June 2023 Portfolio Construction

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Bryan Brown, Vice-President & Portfolio Manager – Equities, CI Global Asset Management Finding Value in Canadian Growth One of our Canadian growth strategy is to invest in industry leaders in earnings and free cash flow growth, prioritizing companies with expected growth that compares favourably to the past. It is important to highlight that we view […]

Federal Budget 2023: Personal Tax Matters

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2023 Federal Tax Canada’s Finance Minister, the Honourable Chrystia Freeland, tabled the 2023 federal budget on March 28, 2023. Canada’s economy is now 103% the size it was before the pandemic, marking the fastest recovery of the last four recessions, and the second strongest recovery in the G7. The unemployment rate is near its record […]

Prepare your executor

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https://www.youtube.com/watch?v=pGFFfaI4SdM Unless you prepare properly, your executor could end up feeling more like a detective. Where are receipts for the final tax return? Where’s the life insurance policy? What, there’s an old bank account from 20 years ago? The job of the executor is involved enough without having to search for information and documents that […]

Federal Budget 2023: Sales & Excise Tax

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GST/HST Treatment of Payment Card Clearing Services Budget 2023 proposes to amend the GST/HST definition of “financial service” to clarify that payment card clearing services rendered by a payment card network operator are excluded from the definition to ensure that such services generally continue to be subject to the GST/HST. This measure would apply to […]

Retirement and the “where” factor

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https://www.youtube.com/watch?v=WOsgL9J5wGM Have you thought about where you’ll enjoy your retirement? Hundreds of thousands of Canadian retirees believe the best place to spend winter is in the U.S. Sun Belt and other warm destinations. Many purchase vacation properties in Canada where they stay for long stretches throughout the year. Some are quite happy to stay put and others […]

Federal Budget 2023: Corporate Tax Matters

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2023 Federal Tax Canada’s Finance Minister, the Honourable Chrystia Freeland, tabled the 2023 federal budget on March 28, 2023. Canada’s economy is now 103% the size it was before the pandemic, marking the fastest recovery of the last four recessions, and the second strongest recovery in the G7. The unemployment rate is near its record […]

Help your child purchase a home with an FHSA

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https://www.youtube.com/watch?v=pwkxcp9Hkqk Today’s housing market remains challenging, leaving many first-time home buyers hard-pressed to come up with a down payment. So, quite often, parents or grandparents want to help out. As of April 1, 2023, a new avenue has opened to help fund a down payment: the First-Home Savings Account (FHSA). Although you can’t contribute directly […]

Spring clean your beneficiary choices

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https://www.youtube.com/watch?v=Mcjv4vLYBk4&t=10s Say that the holder of a Registered Retirement Savings Plan (RRSP) names their spouse as the beneficiary. Later, the couple divorces. The RRSP holder removes their ex-spouse from their will. However, with all the activity surrounding the divorce, they neglect to change the RRSP beneficiary designation from their ex-spouse to their child. If the […]

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