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"Preservation of Capital"

A very simple term with an endless amount of depth. Throughout our lives we work hard to create capital. True wealth comes from growing that capital through intelligent investments when the opportunity presents itself.  However, if the capital is lost, we would be unable to seize that opportunity. On that basis, we are comited to ensuring our investments do not lose their capital.


 

 

 

Headlines

Get 'em while they're.... low!

If one good thing came out of Greece's economic hardship, it's low interest rates.

Just when it looked like rates were going to start their expected rapid upward climb, the EU announced its trillion-dollar plan to help its struggling members. The result? Scared investors fled to the safety of US and Canadian bonds, which in turn lowered fixed rates.

Own a US property? New tax changes will affect you!

Estate tax changes are coming to the US – and this can affect Canadians who own an investment or vacation property south of the border.

 

The tax cuts enacted by the Bush administration are scheduled to expire at the end of 2010, and estate taxes are expected to revert to higher rates that applied in 2001 and a lower estate tax exemption of $1 million.

A Canadian investor’s potential tax increase depends on the total value of their US- located property and the proportion of their US assets compared to your worldwide assets.

Bank of Canada maintains overnight rate target at 1/4 per cent

OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.