Lasting Financial Security - Weekly Financial, Economic & Market Wrap Up
Adrian C. Spitters, CFP?
I Execute Tax-Efficient Investment Portfolio Solutions So That Your Business, Family, And Estate Assets Are De-Risked And Protected Against Financial Risk, Economic Threats, Inflation And Higher Taxes.
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Here's A Brief Overview Of This Week's Top Stories:
Strategic Investments: Navigating Economic Uncertainty
British Columbia's public pension manager, British Columbia Investment Management Corp. (BCI), is taking innovative steps in asset allocation to navigate a prolonged soft patch in dealmaking. BCI's approach includes making strategic bets on asset classes such as private credit, infrastructure debt, and real estate debt.
Creative Approaches to Investment
BCI's Executive Vice-President of Investment Strategy and Risk, Ramy Rayes, emphasizes the need for creativity in dealmaking during slower market periods. The organization has closed three significant infrastructure debt investments, including stakes in European mobile telecommunications tower operator Vantage Towers and data center provider Edge ConneX. These investments highlight BCI's focus on sectors with growth potential despite market slowdowns…
Continue Reading: Strategic Investments: Navigating Economic Uncertainty
Is The Current State Of The Economy Keeping You Up At Night?
Given the current economic and market volatility, you might have questions or concerns about your financial security. As a valued Lasting Financial Security subscriber, we're offering a complimentary portfolio evaluation to ensure your investment strategy aligns with your financial goals. To discover how we can help you strengthen and de-risk your portfolio against economic threats, inflation, and higher taxes, please email me at [email protected] or use my Calendly Link to book your private strategy session.
Capital Gains Tax Changes Threaten the Future of Family Farms
Jake Leguee, a third-generation farmer from Saskatchewan, knows his fields well. At 36, he's already planning to pass the family farm down to his three young sons. However, rising costs and recent changes to the capital gains tax are causing him concern. "They're going to be paying more when it comes time to make the next transition to generation four," he said. "It's something we're definitely already thinking about."
Continue Reading: Capital Gains Tax Changes Threaten the Future of Family Farms
Central Banks and the Growing Demand for Gold
Central banks worldwide have significantly ramped up their gold holdings, as highlighted by the latest data from the World Gold Council's 2024 Central Bank Gold Reserves Survey. Over the past year, these institutions added a net 1,037 tons of gold to their reserves, nearing the record level of 1,082 tons set in the previous year. This robust accumulation is expected to continue, reflecting a strong commitment to bolstering gold reserves…
Continue Reading: Central Banks and the Growing Demand for Gold
Canadian Inflation Rises Despite Expectations: Implications and Strategies
Despite widespread rumours, Canadian inflation is alive and thriving—even amidst rising unemployment. Statistics Canada (Stat Can) recently released its latest Consumer Price Index (CPI) update, revealing an unexpected and significant jump in May. This development has diminished the likelihood of a rate cut at the next central bank meeting…
The Complex Reality of Currency Revaluations
Currency revaluations are often touted as solutions to economic challenges, but the reality is far more complex and drawn out than many anticipate. Looking at historical precedents like the French currency reform of the late 1950s and early 1960s provides a stark illustration of the extensive timeframes and significant impacts involved in such processes…
Continue Reading: The Complex Reality of Currency Revaluations
Financial Support for Homebuyers: A Growing Trend
In 2021, as the COVID-19 pandemic influenced all aspects of life and the real estate market surged, a study explored the trend of gifting towards down payments. Recent data from CIBC indicates that this trend continues, with financial assistance from family members remaining a crucial source of down payments…
Continue Reading: Financial Support for Homebuyers: A Growing Trend
Surge in Rental Housing Construction in Canada Amid High Demand
Rental housing construction in Canada has surged in recent years, responding to a severe supply-demand imbalance. According to RBC, rental housing starts in 2022 and 2023 reached their highest levels in decades, with over 80,000 new units started each year. This growth is expected to continue, driven by rapid population increases due to immigration and interprovincial migration.
Continue Reading: Surge in Rental Housing Construction in Canada Amid High Demand
Challenges and Opportunities in Canada's Real Estate Market
In recent months, Canada's real estate landscape has dramatically shifted, with a notable surge in property listings across major markets. This increase, as reported by Global News, is offering prospective buyers a wider array of options but is posing challenges for sellers who must now think outside the box to secure deals…
Continue Reading: Challenges and Opportunities in Canada's Real Estate Market
A Partnership for Holistic Wealth Management
As a dedicated advocate for de-risking business, family and multi-generational wealth, I am partnered with one of Canada's leading independent private wealth management firms. My team serves high-net-worth clients nationwide. We provide professional investment management and comprehensive wealth planning solutions from a fiducially focused, client-first perspective. We provide access to sophisticated tax-advantaged strategies and solutions traditionally reserved for the ultra-affluent.
Capital Preservation First
We are driven by a "capital preservation first" philosophy. Our team generates consistent, tax-efficient returns uncorrelated to public markets. By leveraging our expertise, you are granted access to key industry professionals, gaining exclusive entrance into alternative investments such as private equity, private real estate, precious metals, commodities, government-sanctioned flow-through tax-efficient structures, and tax-minimizing corporate insurance solutions offered through mutual life companies. All are designed to fortify, secure and de-risk your family, business and estate assets against financial risk, economic threats, inflation and higher taxes.
To receive a complimentary digital copy of "Who's Investing Your Money?," email me at [email protected] or book a complementary portfolio evaluation with me through my Calendly Link.
The Custodial Model: An Additional Layer of Protection
In light of the revelations in David Rogers Webb's book The Great Taking, to further safeguard wealth, the firms I work with employ a custodial model, where client assets are held securely by an independent third-party custodian rather than commingled with the firm's assets. This crucial segregation of assets provides an additional layer of protection, reducing the risk of seizure or misappropriation in a financial crisis or institutional insolvency. The custodial model offers investors a safeguarded solution to help secure their wealth separately from the investment management firm.
Watch The Great Taking Documentary
Additional Resources:
Exploring the U.S. for Wealth Security
Amid economic uncertainty and high taxes in Canada, many affluent Canadians are considering relocating their wealth to the United States. The U.S. offers a more favourable tax environment and stronger asset protection laws. Peter J. Merrick, a renowned cross-border specialist, assists Canadians in navigating international wealth management complexities, facilitating seamless asset transfers to diversify holdings and safeguard their hard-earned assets from potential risks.
For Full Details, CLICK HERE
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