Insights & Media

Insights & Media2019-12-18T09:46:52-05:00

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The 2021 Federal Budget Speech

By |May 29th, 2020|

LOUIS XIV’S finance minister, Jean-Baptiste Colbert, famously declared that “the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing.” While spending continues in response to the COVID pandemic, at some point the government will need to pluck some more feathers by finding ways to increase revenues to cover the debt. David drafts what the 2021 budget speech might possibly, but not hopefully, look like.

Shrug off your home country bias

By |May 19th, 2020|

It is easy for an investor to have home country bias: I live in Canada, I get paid in Canadian dollars, and I know and understand Canadian companies—as a result, my portfolio contains mostly Canadian assets. Even if you are stuck within Canadian borders until the Covid-19 pandemic slows down, it doesn’t mean your portfolio has to remain 100% Canadian.

An Ernest Opinion

How Not to Run a Fast Food Chain: Restaurant Brands and the mismanagement of Tim Hortons

By |February 13th, 2020|

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

By |January 21st, 2020|

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.

Outlook

Monthly Newsletter

By |June 2nd, 2020|

In this month's update, Barry indicates that, while the economic headlines are troubling and may very well continue to be so for many months, the stock market is forward-looking and is focusing its attention on the improvements in economic conditions that have occurred since April. Whether you look at gasoline consumption, railcar loadings or even the numbers of air travelers, you will notice the North American economy beginning its slow recovery.

Baskin Wealth Management’s first monthly newsletter

By |May 4th, 2020|

Normally we discourage our clients from spending too much time worrying about the day-to-day gyrations of the stock markets, however, we felt that it would be worthwhile to share some of our thoughts with you, as well as the data for the month and links to essays you might have missed on a regular basis so we have created this monthly newsletter to keep you informed.

What we know and what we don’t know

By |April 9th, 2020|

In his quarterly newsletter, David acknowledges that there is plenty we don't know about how the COVID crisis will evolve but we do know that the economy will not dry up and blow away. While it will contract by possibly an unprecedented amount and not all companies will survive, people will return to return to their prior way of life and companies will need to meet those demands.

Wealth Management

How valuable is the dividend tax credit really?

By |May 20th, 2020|

Tax minimization is one of the most important pillars of wealth management. The more you pay in taxes, the less money you have to spend and save. As a result much ink is spilled and many dollars spent in the effort to pay less tax. But when trying to optimize one part of the equation, it can be easy to miss the forest for the trees.

This is where your plan shines

By |April 28th, 2020|

Major market corrections are scary. If you are close to retirement – or already retired – seismic shifts in the market can feel like the world is ending and your ability to meet your financial objectives is evaporating. If you have a financial plan, now is the time to review it, consider the impacts it has had on your portfolio, and assess in a non-emotional way whether your goals have been affected.