Lorenzo Pederzani and Matthew Evans, co-portfolio managers at Westmount Wealth, discuss how equity markets responded positively to the unexpected prospect of fewer rate cuts, with significant returns in Canadian and U.S. markets. Inflation is slowly returning to target levels, though housing inflation remains a concern, especially in Canada, where household debt is notably higher than in the U.S. This financial landscape has led to a revised expectation of fewer and delayed rate cuts.

In this episode of the Mind Your Money Podcast, Mehul Gandhi sits down with Joey Basque, to delve into the essentials of financial planning for retirement. Their discussion focuses on establishing a solid foundation for retirement income planning and highlights vital components that both pre-retirees and retirees must contemplate. Tune in to gain valuable insights and strategies to ensure your financial stability in retirement. Enjoy the episode!

The proposed changes to the capital gains inclusion rates in the 2024 Canadian Federal Budget may have tax implications for incorporated physicians when they sell corporately owned assets.

Let’s explore how the proposed changes may affect Canadian physicians who invest within their holding companies, examining the current inclusion rates, the proposed alterations, and the potential impact.

While life insurance may not be the most glamorous aspect of financial planning, its use in estate planning is pivotal in ensuring the financial security and legacy of individuals, families and businesses.

Music is an integral part of our lives. It can lift our spirits and provide an escape from the daily grind. The growth in music consumption has made music publishing catalogues an attractive investment.

Have you ever wondered how to invest in music?

Is there a certain level of wealth that confidently removes financial concerns in retirement?

Not quite.

More wealth often means more complexity, more taxes, more maintenance, more advisors, more fees, and overall, more hassle.

Westmount Wealth's Portfolio Manager Lorenzo Pederzani interviews ICM’s David Vannka. David is the Portfolio Manager at the ICM Crescendo Music Royalty Fund.

Just like a skilled rider managing the unpredictable movements of a bucking horse, successful investors needed a combination of skill, patience, and focus during the ups and downs of 2023. The events served as a reminder of the difficulty in accurately predicting economic or market events. Learn more in our 2023 Year-End Commentary.

The first home savings account is a type of registered account that was designed to help individuals save for their first home purchase. If you are a resident of Canada with a valid SIN, are the age of majority in your province, and are considered a first-time home buyer, you may be eligible to open a FHSA.

Tennis and wealth management share striking similarities in their stamina, patience, and strategic thinking requirements. In tennis, players need physical stamina to endure long matches, mental patience to wait for the right moment to strike, and tactical acumen to outmaneuver their opponents.

Over the last few decades there has been a growing trend from institutional investors, like pension plans, to diversify beyond stocks and bonds into alternative investments.

So, what are the alternative investments that pensions are allocating to? Continue reading to find out.

The Canadian Hedge Fund Awards celebrate and acknowledge outstanding performance in the Canadian hedge fund industry. Being nominated in this highly competitive field is a significant achievement for us, and we owe a big thanks to our valued clients for your ongoing support.

Thousands of individuals and corporations in Canada donate to charities every year. Learn about the tax implications of making charitable donations from Tax lawyer Amanda Doucette.

The check engine light is flashing, yet the car still seems to be performing well. Portfolio Managers Lorenzo Pederzani and Matthew Evans, take a closer look under the hood and discuss opportunities and risks in both public and private markets.

Westmount Wealth's Portfolio Managers Matthew Evans & Lorenzo Pederzani interview Trez Capital's Keiju Yamasaki. Keiju is the Global Head, Credit Risk & Underwriting for Trez Capital. Watch Lorenzo & Matt discuss investing in Private Mortgages as an investable asset class in Canada. Trez Capital Prime Trust is an investment held in the Westmount Alternative Income Fund as of July 31, 2023.

In an ever-evolving world, women take on increasingly vital societal roles, becoming influential decision-makers, entrepreneurs, and leaders in various industries. By 2024 the privately held wealth of Canadian women is estimated to rise from $1.2 trillion to $2.7 trillion, representing 50% of total wealth in Canada.

Many factors contributed to the great inflationary spike of 2021-22. In response, central banks in Canada and the US implemented some of history's fastest interest rate hikes. Their goal was to slow the economy in hopes of moderating inflation. The result was that virtually all asset classes, from stocks to bonds to real estate, were negatively impacted.

The BC Property Tax Deferment program is a lower-interest loan program offered by the province of BC for those in need. The province will pay your municipal property tax bill and charge you competitive interest rates for the money loaned to you.

Life insurance is just one of the various ways Canadians can donate to charitable organizations and receive a donation tax credit. This is accomplished by the donor making the desired charity the owner of the donor’s new or existing life insurance policy.

Westmount Wealth Portfolio Managers Matthew Evans & Lorenzo Pederzani review 2023 Q1 market performance as well as the some of the major headlines during the quarter.