As part of our ongoing commitment to maintaining an enhanced level of service and thought-leadership, it is important that our team is continuously learning and sharing.

We believe that education and knowledge help empower better decisions, and ultimately inspire greater financial confidence in our clients. Here you can find the latest insights and resources from our team, IG Private Wealth Management and other top industry thought leaders.

 

IG PRIVATE WEALTH MANAGEMENT |
An important part of financial planning is making sure that you have an estate plan that meets your personal needs. A key component of any well constructed estate plan is to make sure that you have an up to date power of attorney for financial decisions (referred to as a “protection mandate” in Quebec).
IG PRIVATE WEALTH MANAGEMENT |
Financial abuse is on the rise. Criminals are finding new and innovative ways to take advantage of people, particularly through social media and the internet. Always be on the lookout for financial abuse and take precautions to protect yourself. Here are a few things to consider.
IG PRIVATE WEALTH MANAGEMENT |
When most of us think of year-end tax planning, we typically consider our personal situation. Yet, there are many tax-opportunities for business owners to explore as we near the end of another calendar year. The following tips assume your business is unincorporated or your corporation has a December 31st year-end, although some tips may also apply to corporations with an off-calendar year-end.
IG PRIVATE WEALTH MANAGEMENT |
To take full advantage of the tax-deferred growth available when investing in a tax-free savings account (TFSA), many Canadians strive to maximize their TFSA contributions as early in the year as possible. However, while the goal with a TFSA should be to contribute as much as you can within the limits of your available contribution room, you also need to be mindful not to over-contribute. Putting more money in a calendar year than you’re allowed by law could result in penalties. The severity of which will depend on the circumstances of the over-contribution.
IG PRIVATE WEALTH MANAGEMENT |
With the physical distancing measures in place due to the spread of the COVID-19 virus, many Canadians are now working from home. If working from home is new for you, you may be wondering whether there are any tax deductions you can claim. What expenses would be eligible and what documentation would be required?
IG PRIVATE WEALTH MANAGEMENT |
Separating from a spouse or common-law partner can be an emotionally difficult and complicated experience. Relationship breakdown is also one of the most significant, and often unexpected, financial planning risks a person can face. That’s why it’s critical that you understand how a separation or divorce may affect your financial well-being and succession plan.
IG PRIVATE WEALTH MANAGEMENT |
If you’re a U.S. taxpayer, learn about the additional information we can provide which allows you to make an important election for your investment in Canadian mutual funds and will make it easier to file your U.S. tax return.
IG PRIVATE WEALTH MANAGEMENT |
Whether you’re leaving a little or a lot, the key to protecting your loved ones is simple: just start.
IG PRIVATE WEALTH MANAGEMENT |
As a member of a blended family you need to pay careful attention to how your estate is structured to avoid inadvertently disinheriting your children.