Blog
Can looking backward help us look forward?
The market conditions that we have witnessed in the last month are unprecedented, simply because the current circumstances in the world are unprecedented in the modern era. Since the last global pandemic, over 100 years ago, we have added instantaneous world-wide communication, social media, electronic trading and much more.
Baskin Wealth Management Update – COVID – 19
Following the recent announcement by the Ontario government to close all non-essential businesses, we have confirmed that Baskin Wealth Management is considered an essential business. However, we expect to see an impact to some services, particularly in regard to physical cheques and the mail. This update provides guidance on steps you can take to minimize the impact.
Coronavirus Crisis and Market Meltdown
The North American stock markets went up more or less steadily from March, 2009 to March, 2020. There were spurts and bumps along the way, but as many noted, it was the longest period without a recession in US economic history. Many market watchers predicted that, sooner or later, we would get a significant market pullback. Now, they are right.
An Ernest Opinion
How Not to Run a Fast Food Chain: Restaurant Brands and the mismanagement of Tim Hortons
Tim Hortons was Canada’s favourite coffee until it was acquired by Restaurant Brands. In this blog, we explore what went wrong and how Tim Horton can regain its crown.
The future of movie theaters- Part 2: Cineworld’s acquisition of Cineplex and the global consolidation of theaters
In Part 2 of his series on the future of the movie theatre industry, Ernest discusses the merits of the recently announced purchase of Cineplex by UK based Cineworld.
The future of movie theaters- Part 1: Why the theater industry future is bleaker than you think
in the first of a 2 part series on the theatre industry, Ernest discusses the challenges the industry faces in North America and what the future will look like. In Part 2, he will discuss the Cineworld acquisition of Cineplex and what this means for moviegoers in Canada.
Media Appearances
Barry Schwartz on BNN – March 27, 2020 – You can’t trade your way out of this market panic
Barry Schwartz joins BNN Bloomberg to discuss investment strategies during what he calls a 'market panic.'
Outlook
Not all risk is created equal
David provides our perspective and approach in light of the recent market turmoil.
The Big (and Unexpected) Bang of 2019
In his year end newsletter, David discusses why, while deep into the longest continuous period of economic expansion in U.S history, the markets produced remarkable gains in 2019 and what clues this can give us to possible future performance.
Outlook 2020 – The Low Interest Rate Revolution
On October 30, 2019, David Baskin, Barry Schwartz and Scott Mazi delivered their Outlook 2020 at the Westin Prince Hotel in Toronto.
Wealth Management
RRIFing on an idea: Relief for RRIF withdrawals
Ben outlines the benefits of a new measure introduced by the Federal government in light of the COVID-19 pandemic to ease the economic burden on retirees by reducing minimum annual RRIF withdrawals.
What is the best way to maximize the effectiveness of your RESP?
Benjamin explains how to maximize the long-term benefit from your RESP through the timing of your contributions.
Income Splitting: How Much Does It Matter?
Pension splitting is one of the most powerful tools available to Canadian couples to reduce their tax burden in retirement and leave them with more money with which to accomplish their retirement goals.