I realize that insurance agents get a bad rap. There are few people on the face of the Earth who can be more persistent than an insurance adviser. I often tell the story of the time I met with my own adviser who was trying…
My anniversary is coming up in two weeks. For our first anniversary many years ago, I bought Carolyn a 50-piece dinner set – called a box of toothpicks. That didn’t go over so well. The next year I bought her some new golf clubs, which…
Any individual or Corporation that currently is in the market for permanent life insurance coverage. The court rulings on this have generally been in circumstances where the free sildenafil samples navigate here landlord was clearly aware of a tenant’s dogs being dangerous and that there…
Notes for the new finance minister Canada’s new finance minister Bill Morneau is stepping into the role amid great uncertainty for the nation’s economic prospects. The economy has perked up in recent months, but languished in a brief technical recession to start the year. Still,…
With their mortgage paid off and no other debt, Greg and Jody Mathieson describe their financial situation as “fairly comfortable.” The residents of B.C.’s Sunshine Coast, who are 50 and 49 respectively, are on track to retire at 60, assuming they put aside significant annual…
Life insurance. After just those two words I can sense your attention starting to waver. But if you are a high-net-worth Canadian who cares about your investment returns and paying less in taxes, you should pay attention to life insurance. Ted Rechtshaffen: In 2015, what…
While middle-class Canadians may relish the modest cuts to mid-level tax brackets, Monday’s landslide Liberal majority constitutes a major setback for the affluent. What Canada’s new Liberal government will mean to your taxes — and when Depending on your tax bracket, the incoming Liberal majority…
Individual pension plans (IPPs) aimed at high net-worth business owners can be complicated and technical and need to be explained carefully to both financial advisors and their potential clients, say two experts in the field. Stephen Cheng, managing director and senior consulting actuary at Westcoast Actuaries…
Most family businesses do not have a formal succession plan, and may not make it to the next generation. CIBC offers some tips to deal with the problem. A survey released by CIBC on Oct.15 shows that 80% of business owners who say they have a succession…
Business owners who invest in a TFSA rather than leaving surplus funds in their corporations generally end up with more after-tax cash, especially when the time horizon is significant, says Jamie Golombek, managing director, Tax & Estate Planning, Wealth Advisory Services at CIBC. “Leaving investments in the…