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First, my wife has been retired for three years now. We both have non-registered accounts of equal value generating about $50k each in dividend income. There are fairly large unrealized capital gains in both accounts. If we move both accounts to a joint account would that trigger capital gains?

Second, for just over a year I have had a Personal Real Estate Corporation. Would it be wise to trigger capital gains now to even out our tax bill over our lifetime as we also have a couple of rental properties with about $500k in capital gains?

In Part 1 of this series, I introduced the concept of how the practice of triage helped achieve successful outcomes on the battlefield and drew comparisons to the way healthcare works in Canada today. Namely, only the sickest or most urgently in need of care, who represent the best chances of survival, are treated first, and everyone else is placed on a wait list for treatment until their condition worsens to the point where they are next in line, miraculously get better – or, get a lot worse.

Q: What advice would you give to a young, middle age and retiree investor? What advice would you give to a beginner, intermediate and experienced investor?

I’ve seen three versions of the same moment:
1. A client opens a kitchen drawer and says, “Everything is in here somewhere.”
2. An adult daughter calls after her father passes and says, “I don’t even know where to start.”
3. Another client looks at a Will he signed 18 years ago and quietly admits, “This doesn’t reflect my life anymore.”

For generations, retirement was thought of as an age, and sixty-five seemed to be the magic number. Both government and employer pensions were anchored to this age, and personal and financial plans were built around it. Retirement was considered the finish line, which marked the end of work.

For many Canadians, midlife brings a unique kind of pressure, and it’s not always talked about openly, yet affects millions. Children may still need financial or emotional support as they navigate school, early careers, or the high cost of housing. At the same time, aging parents may begin to rely more heavily on help with daily living, medical appointments, or financial decisions.

The Iran-Israel conflict is a geopolitical story that has once again become front and center of global news. The conflict has been around for years and has only re-escalated recently, as President Trump announced war with Iran in late February, with the U.S. and Israel launching large-scale strikes targeting Iranian military assets and top leadership. The Iran war has continued to escalate, which once again reminds investors that the global energy supply chain remains fragile and how interconnected the world really is.

The economy moves through distinct stages, following a pattern of ebbs and flows. These phases are called the early-cycle, mid-cycle, late-cycle and recession. As the economy progresses through these stages, it impacts corporate earnings, interest rates, and inflation, among many other economic factors.
Each of these phases has its own unique characteristics and moves with a rhythm. This article is designed to help investors understand the tempo and profit from it.

Many people are at least somewhat familiar with the ideas that have gained prominence under the umbrella of behavioural economics. A subset of that is known as behavioural finance. There are literally dozens of examples of behavioural shortcuts (known as heuristics) that explain how people make financial decisions. Many of these decisions are either brazenly irrational or only conditionally correct. Some of the outcomes are comical, while others border on tragic.