Our Insights

Last Month in the Markets – May 1st – 31st, 2023: Last month saw divergence among major North American equity indexes with two increasing and two decreasing in value.

Investments can deliver a major source of income and tax implications for individuals. Each major type of investment income is subject to different tax treatment.

Last Month in the Markets – April 3rd – 28th, 2023: Last month demonstrated the resiliency of equity markets. After a quick rise to begin the month, North American indexes suffered a hiccup.

The federal government has introduced a new tax credit that will make it easier for Canadians to care for relatives in their home. The Multi-Generational Home Renovation Tax Credit came into effect January 1, 2023. The new credit will cover expenses related to building a secondary suite for a family member who is either a senior or disabled.

Last Month in the Markets: March 1st – 31st, 2023: Last month was difficult to endure for investors concentrated in North American equities, especially those with significant holdings in financial services, which includes most Canadians. By the end of March, the TSX finished almost where it began the month, and the U.S. equities indexes rose 2 to 6½ percent.

Canadians will soon get a boost when it comes to saving for their first home. Starting in April of 2023, the Tax-Free First Home Savings Account (FHSA) will be available to those over the age of 18 who have dreams of owning a home. This account is part of a campaign promise by the Liberals in the last election. Here is a run down of what we know so far. 

Last Month in the Markets – February 1st -28th, 2023: With the exception of a few peaks, last month delivered mostly negative results for investors concentrated in equities. 

There are several different ways to buy real estate in the U.S. Although some of the following information may seem familiar, as a buyer in a foreign market, it is essential to understand the pros and cons of each approach in order to avoid adverse tax effects in the future.

Last Month in the Markets – January 3rd to 31st, 2023: Last month proved to be a much more tensionless month than most for investors of almost every type.