Beyond Artificial Intelligence (AI): Where We See Opportunities Around the World
Alfred: Karen, you are not new to me obviously, but your name may be new to the audience. Can you introduce yourself? Karen: Sure. I’m Karen Xue, Director of Multi-Asset Research at CI Global Asset Management. I’ve been with CI since 2021. Before joining CI, I worked at one of the major Canadian banks, where […]
Ownership Drives Outcomes: Estate Planning Considerations for Personal Assets
A previous blog focused on the fact that the first step in an estate plan is to take inventory of all your assets and note how they are owned. Now that you have ascertained that you are the personal owner of several assets, it’s important to determine the nature of that ownership. Note that the […]
Beyond the Headlines: Is Canada’s Economy Really in Trouble?
Is Canada in a Recession? The short answer is no—Canada is not currently in a recession. At the aggregate level, Canada’s gross domestic product (GDP) has shown signs of contraction in recent periods. Traditionally, two consecutive quarters of declining GDP would signal a technical recession. However, in this case, much of the weakness can be […]
Be Wary of Identity Theft
In 2025, the Canadian Anti-Fraud Centre received more reports involving identity theft than any other type of fraud. When someone steals your personal and banking information, they can transfer money from your bank account, make credit card purchases or take out a loan in your name, among other crimes. How identity theft occurs A fraudster […]
TFSA: The Gen Z’s and Millennials’ Friend
The Tax-Free Savings Account (TFSA) is often called the Swiss army knife of financial accounts since it can be used for so many different purposes. Also, A TFSA can meet the specific needs of different age groups. Using a TFSA Here are some key ways millennials and older Generation Z members can make a TFSA […]
Choosing Your RRIF Beneficiary
For couples, naming a spouse is the typical choice. You have several options if you’re divorced, widowed, single or have specific estate planning needs. Designating your spouse. You can name your spouse as the successor annuitant or beneficiary. As successor annuitant, your spouse can simply take over the RRIF. If you name your spouse as […]
Valuable RRIF Withdrawal Strategies
Once you open a Registered Retirement Income Fund (RRIF), you’re required to make a minimum taxable withdrawal each year, starting the year after it’s opened. The amount is based on a percentage of your RRIF’s value and your or your spouse’s age. Every withdrawal is taxed as income at your marginal tax rate, but you […]
The FHSA At a Glance
Eligibility. You must be a resident of Canada, have reached the age of majority in your province and qualify as a first-time home buyer. Account duration. An FHSA can remain open for up to 15 years (or until the end of the year you turn 71). Contributions. You can contribute up to $8,000 annually, with […]
The FHSA Turns Three
When the First Home Savings Account (FHSA) was launched in April 2023, prospective homeowners reacted quickly. In its first years, well over 700,000 Canadians opened an FHSA annually. Now you could choose a unique account that offers tax-free growth and tax-free withdrawals, like a Tax-Free Savings Account (TFSA), and a tax deduction for your contributions, […]
Concerned About World Events?
When the recent Middle East conflict broke out, many investors wondered whether it would eventually affect their portfolios. Some global events don’t affect markets, while others trigger corrections or crashes. If a crisis does cause a downturn, there’s no way of predicting how long a recovery will take. What history tells us Sometimes markets experience […]