While Canada’s tax system is beneficial for the country in many ways and a lot more equitable than other tax systems around the world, there’s no denying that tax obligations can put a burden on a family’s finances.
Keel Magazine
Homeownership is a goal that everyone aspires to, as it offers a sense of security, both in economic terms and in sentiment. Families rest easy knowing they are in THEIR home and nobody can take it away from them.
For many wealthy Canadians, borders are meaningless as their interests and investments span many countries.
Canada's healthcare system is currently failing us – with long wait times and a real lack of family doctors. Is there a 'Plan B' for risk management for our kids, company team, ourselves? Watch as Jonathan discusses a new Eastport Financial insurance offering – Critical Illness Insurance.
Living off your pension is hard enough without the Canadian government taking a percentage of that income in taxes. In fact, for many pensioners, their end-of-the-year tax bill is one of the biggest ticket items or expenditures they need to worry about when planning their finances.
There is no denying that we live in a digital world today. A world that is constantly and exponentially advancing, bringing more aspects of our daily lives into its ambit with each passing day.
In this Video Quarterly Report, Matthew dives into Benchmarking and he also provides an economic update – with a discussion around CPI, inflation, and Canadian household savings.
While retirement is a time for celebration it is also a time for reflection. Ideally, upon retiring we all want to enjoy life to the fullest, especially, after all the years of hard work and sacrifices we have made. However, all of this isn’t possible if you are getting close to retirement but still have substantial debt.
It is the dream of every Canadian to have their own house or property where they can spend the rest of their lives happily raising future generations. However, in these economically oppressing times, buying property, especially in Canada, is becoming exceedingly difficult.
The start and end of 2023 presented starkly different scenarios for investors. The year began with trepidation following a tumultuous 2022 but concluded on a high note as inflation slowed and equities yielded substantial returns.
The stock market has long been a way to make additional income, with some investors making significant gains on their investments. However, stocks tend to be volatile, especially in today’s economic climate.
Compound growth is an often reliable and secure way of expanding your wealth, by making an investment where the return you get grows and grows with each payout.
Eastport Financial held our annual turkey drive again this year, handing out turkey dinners to families so that they can celebrate Christmas at home. Another amazing event, and the drive was full of Christmas cheer spread out over two days. This year, we served the Halifax, Dartmouth, Bridgewater, and Lewisporte, Newfoundland areas.
If you and your family are running a business or have significant investments, and you’re looking for a way to organize, protect, and streamline your family interests, then one of the better options is a Family Limited Partnership, or ‘FLP’ for short.
When it comes to investments, there’s no doubt it’s important to look at the return on investment, but when you’re considering the overall investment or enterprise, you need to think beyond that.
Shami moved to Halifax from Sri Lanka and she loves working at Eastport. Often the first point of contact with our clients, Shami makes people feel welcome while serving as Executive Assistant to Jonathan.