Mutual Funds

Strategies for Profiting from Rising Interest Rates

This article was published in the October 2013 issue of the Canadian Business Journal and has been posted with their permission Interest rates in the U.S. and Canada seem to have reached a bottom and the end of the 33-year-old bond bull market seems to be looming. When ...

Don’t Miss the Opportunity to Set up a Spousal Loan

If there was ever a time that you would want to consider using spousal loans, this is it. The current prescribed rate on a spousal loan is 1%, which is the lowest the prescribed rate has ever been. This is really as good ...

Comments Off on Don’t Miss the Opportunity to Set up a Spousal Loan   |   Posted in Credit and Debt Management,Financial Planning for Business Owners,Mutual Funds,Stocks,Tax Planning January 05, 2010

Minimizing Tax Held in Mutual Funds in a Corporation

When it comes to tax minimization, the use of Corporate Class mutual fund structures is a strategy that has significant benefits to individuals and to corporations. Switching from one mutual fund to another triggers capital gains taxes in traditional mutual funds. However, the same switch ...

Comments Off on Minimizing Tax Held in Mutual Funds in a Corporation   |   Posted in Financial Planning for Business Owners,Mutual Funds,Retirement Planning,Tax Planning November 23, 2009

The Effect of Harmonized Sales Tax on Mutual Fund Investors

The proposal to harmonize the PST with the GST will effectively increase the management fee on a mutual fund investment by 8% (the PST) effective July 2010. This is not in the best interests of mutual fund investors or the people of Ontario. The main reason ...

Comments Off on The Effect of Harmonized Sales Tax on Mutual Fund Investors   |   Posted in Mutual Funds,Savings and Investments,Tax Planning,Uncategorized October 05, 2009