Wealth

Tax News

For ‘guys like me,’ Buffett supports estate, minimum tax

Buffett discussed the U.S. tax system with PBS Newshour

By Staff |June 29, 2017

3 min read

Industry

Single parents most ready to transfer wealth: survey

Single parents are most prepared to transfer their wealth, according to an RBC survey of families in Canada, the U.K. and U.S. RBC found that 38% of single-parent families have a comprehensive wealth transfer strategy, compared to 26% for nuclear families and 24% for blended families (those that have children from current and previous relationships). […]

By Staff |June 15, 2017

1 min read

Industry

Mutual funds help boost Canadians’ net worth in Q1

Household net worth rises 2.2%

By Staff, with files from The Canadian Press |June 14, 2017

2 min read

Industry

Behind-the-scenes look at Buffett’s AGM

Long-time Berkshire investor offers inside scoop on the 2017 meeting.

By Katie Keir |May 12, 2017

5 min read

Mutual funds, not homes, increase Canadians’ net worth

Home sales hit their highest level since April 2016, gaining 5.2% in February compared to January, reveals statistics from the Canadian Real Estate Association. Read: The solution to Canada’s housing crisis The national average price for a home sold in February was $519,521, up 3.5% from a year ago. Excluding Greater Toronto and Vancouver, the […]

By Staff |March 15, 2017

2 min read

Toronto homes prove too pricey for top 1%

How ridiculous are Toronto home prices? So ridiculous that even the top 1% of earners are now priced out of the market. Don’t believe it? Douglas Porter, chief economist at BMO Capital Markets, may convert you. Home prices in Toronto rose almost 24% year-over-year in February (using data from the MLS home price index). But […]

By Staff |March 15, 2017

2 min read

KY(A)C: Know your (affluent) client

The high-net-worth market is driven by macro trends such as demographics, changing retirement patterns, and clients’ desire for relationships with their advisors, reveals a report by Investment Planning Counsel (IPC). Capitalizing on these trends might be a sure path to your success. That’s because the number of mid-tier affluent investors (those with $500,000 to $1 […]

By Staff |December 1, 2016

2 min read