News & Commentary

Most people are aware that they are able to roll their RRSP/RIF to a spouse, common-law partner or financially dependent child or grandchild with a mental or physical disability. What some people don’t always understand, is what happens to the RRSP/RIF if it is being left to anybody other than a spouse, common-law partner or […]

I recently attended the 13th annual iA Securities Year Ahead Investment Conference in Toronto featuring some of the top investment minds from both within and outside of my organization. The purpose of the event was to help attendees get a better sense of what we should be expecting from financial markets in 2019 by showcasing […]

Luft Financial model portfolio updates help you understand the complexity of your assets, better manage them & develop successful investment strategies. Click here to view our latest model portfolio update.

The Bank of Canada “(BoC” or “the Bank”) left its benchmark overnight rate unchanged at 1.75% on January 9, providing temporary relief to Canadians who have been grappling with rising interest costs for the past 18 months (Figure 1) on near-record levels of debt. Click here to read our latest market bulletin.

Market & Economic Environment:  December capped the worst year for global equities since 2008, as the S&P 500 and Dow Jones Industrial Average plunged 9.2% and 8.7% respectively for their biggest declines in that month since 1931. With November’s gains only providing a temporary respite from the broad selloff that commenced in October, most major […]

Everyone has heard the saying “there are only two certainties in life, death and taxes.” When we pass away most of our accumulated wealth is subject to income tax, probate tax or both. There are some simple things we can do to reduce this inevitable tax bill on our estates: own certain non-registered assets jointly […]