Working in a foreign country can present Canadians with a wide range of opportunities for personal and professional development.

However, it’s crucial for Canadian citizens working abroad to be aware of the various tax implications that come with this experience. It’s important to carefully consider factors such as foreign income tax, tax treaties between Canada and the country of employment, foreign tax credits, and reporting requirements to ensure compliance with Canadian tax laws.

Planning for your financial future is crucial for navigating all of life’s milestones, big or small. Whether it’s saving for retirement, a down payment on a home, or an emergency fund, having a solid financial strategy can provide you with peace of mind and open up more opportunities.

The key to planning your financial future is to create a plan that accounts for both your short-term and long-term goals. This may involve budgeting, investing, saving accounts and debt management – all tailored to your unique circumstances and priorities.

The idea of becoming wealthy is often portrayed as a glamorous and exciting journey, but in reality it requires a lot of patience, discipline, and significant sacrifice to achieve your financial goals. These sacrifices can range from taking calculated risks to delaying immediate gratification and investing your time wisely.

It is undoubtedly a challenging task, but with the right mindset, knowledge, and resources, anyone can achieve financial freedom and secure a better future for themselves and their loved ones.

As a parent, financial planning is crucial as you navigate the exciting but challenging journey of welcoming a baby into your family. By implementing smart financial strategies, you can secure your child’s future and ensure financial stability for your growing family.

Ultra-high-net-worth (UHNW) families typically consider establishing their own Single-Family Office (SFO) when they have total investable assets of $100 million or more. Consideration for an SFO is most often driven by a significant liquidity event such as the sale of a family business.

It may be as simple as having a dedicated wealth professional who acts as the intermediary with all of the family’s other service providers, or as complex as employing a team of dedicated professionals for all of the family’s wealth management needs including accountants, lawyers, investment managers, legacy planners, philanthropic experts, etc..