Our Views

  • Advantages of donating securities through a corporation In last week’s post, we examined the comparative benefits of making charitable donations of cash versus securities with an accrued capital gain. The short answer: from a tax perspective, it’s far more efficient to make donations of ... Keep Reading >
  • Last week in this blog, we introduced the concept of charitable giving through a Foundation Account at Canada Gives. As promised, this week we look at the tax benefits of donating securities versus cash – whether it is to your own private foundation, a Foundation Account at Canada Gives or ... Keep Reading >
  • For charities, it’s the most wonderful time of the year! The start of the holiday season, when many people turn their thoughts – and actions – to charitable giving. Thanksgiving, November’s “Giving Tuesday” and religious holidays can all inspire a spirit of generosity. There’s also a measure of ... Keep Reading >
  • One of the most common questions that our owner-manager clients ask is: What is the most tax efficient way to take out funds from my company? There is rarely a simple answer to that question, because the choice of remuneration depends on the unique circumstances of an individual. This blog post ... Keep Reading >
  • We’re nearing the end of June, which is a good time for a mid-year financial review. How are you doing against the financial priorities you set for yourself? In January, we provided our annual financial planning checklist to make it easy to assess. Now is a good opportunity to review your ... Keep Reading >
  • Although it has been a few years, I still remember an amusing story one of my retired clients told me. One morning, he and his wife were wakened by two squirrels chattering noisily outside their window. My client said to his wife, “What do you suppose they’re arguing about?” “Money,” she ... Keep Reading >
  • Managing your retirement income in the most tax effective way is smart financial planning. In this post, we address three of the most common questions about structuring retirement income. These are the basic facts, but everyone’s situation is different. It’s always advisable to consult a tax ... Keep Reading >
  • For Millennials, many find investing to be a challenge: some may be overwhelmed by an array of choice (after all, there are only 3,454 mutual funds in Canada1) while others may not understand how to put in place a savings plan to achieve their goals. From a behavioural perspective, if we don’t ... Keep Reading >
  • The Newport wealth management group expanded again today with the addition of Yasmeen Seddiq, a Chartered Investment Manager who brings more than a decade of international and domestic investment and financial planning experience with major financial institutions. Yasmeen joins Newport as a ... Keep Reading >
  • Federal Finance Minister Bill Morneau presented the 2019 Budget Plan on March 19th. Compared to past years, there are few significant measures in this budget and no tax rate reductions for individuals or corporations. This post summarizes some of the federal budget changes that are relevant to ... Keep Reading >