Canada Needs a Financial Plan

According to a July 23 publication by the Fraser Institute, we are getting poorer here in Canada and the prospects for economic growth are looking grim.  This should be of concern to every Canadian concerned about their “real income” – that’s their purchasing power – and by extension - their ability to fund consumption now and for important family milestones in the future:  retirements, education and homeownership.  It’s grim, but there are practical suggestions for a turn around plan. Here’s a synopsis of the report.   

"The height of cleverness is to be able to conceal it." - François, Duc de La Rochefoucauld

Imagine you have a client who is five or six years away from retirement, manages a small yet successful consulting firm with ten employees, and is married with two grown-up kids. He’s thought about retirement and the idea of finding a successor for his business, but overall, he’s been pretty non-committal.

If you’re able to join us in Kelowna on Sunday, November 5, you won’t want to miss our visit to the beautiful and unique Summerhill Pyramid Winery! It’s the largest certified organic vineyard in Canada and was named “Canadian Wine Producer of the Year” in 2009 by the International Wine & Spirits Competition in London, England.

Calling all newcomers, young up-and-comers, career-changers and passionate-for-learning-retirees! Summer is a great time to go back to school and pick up a new skill that will provide you with a new income stream and a new sense of pride.

Laramie Tan-Amit, has gained confidence in her role as a Professional Tax Practitioner and Bookkeeper

Happy 150th Birthday, Canada! We at Knowledge Bureau will be taking some time on this extra-special July 1 long weekend to celebrate Canada’s sesquicentennial, so just for fun, we thought we’d take a look at some financial highlights of the last 150 years.