Baskin Wealth Management 

takes a disciplined team approach to managing your money and recognizes that each client has unique goals and attitudes towards risk.

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Our approach delivers made-to-measure wealth management strategies coupled with a superior client service experience.

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We believe that every generation of investor has a voice and should have direct access to the top people at our firm.

In The News

Barry Schwartz on BNN – There are good reasons to be bullish on stocks

By |October 20th, 2020|Media Appearances|

Barry Schwartz says investors are not very good at articulating the positive and he believes the positives are very significant. Schwartz says low interest rates, potential for further stimulus, improving economic conditions and rising earnings have him feeling good about the direction of stocks over the next three-to-five years, and that includes such names as Live Nation and Vail Resorts.

Fun with numbers – should you realize capital gains and pay taxes early?

By |October 20th, 2020|Blog|

Before 1972 there was no tax on capital gains in Canada. In that year, as part of a major overhaul of the tax scheme, capital gains taxes were imposed. The inclusion rate for capital gains (the percentage subject to tax) has varied over the years from the present level of 50% to as high as 100%, with stops (both in the year 2000) at 75% and 66% along the way. There is currently much speculation that the federal government will increase the inclusion rate in order to help finance the enormous budget deficit being rung up due to the COVID-19 crisis. Some accountants we know have urged their clients to realize existing capital gains now, before the rates go up. Is that a smart idea?

The future of Canadian Telecoms 

By |October 19th, 2020|An Ernest Opinion|

In early September, US cable provider Altice USA and Rogers Communications made a joint bid to acquire Cogeco Communications and its parent Cogeco Inc (I will refer to both as Cogeco). The proposed deal would have Altice acquiring Atlantic Broadband, the 9th largest cable provider in the US, and Rogers, Cogeco’s largest shareholder, acquiring the Canadian assets, mainly a cable footprint in Ontario and Quebec and giving Rogers an entry into Quebec. The deal was quickly rejected by Cogeco with President Louis Audet stating Cogeco was definitively not for sale. Despite this categorical rejection, the would-be buyers increased their bid by about 10% to $11 billion in mid-October. Not surprisingly, the increased offer was again summarily rejected by the Audet family.

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