The community of Lawrencetown Beach is working towards a professionally designed and built skatepark. It will be a place to accommodate a large demographic, including the local community, beach visitors, skateboarders, surfers, young and old.

Doctors, surgeons, and other specialized healthcare professionals have arguably some of the toughest and most demanding jobs in the world. Late working hours, chaotic schedules, and little to no personal life are just the way things are for most healthcare professionals. Luckily, the healthcare profession is just as gratifying as it is demanding.

For any business owner, succession planning is vital. A well-thought-out succession plan allows a business or company to continue to thrive even after the owners, and other key personnel have left, retired, or passed away.

For investors seeking to diversify their investment portfolio, mutual funds are a viable option. Let’s learn why?

Investors experienced a turbulent ride in 2022. Inflation, central bank rate hikes, oil prices, supply chain disruptions and the Russia-Ukraine conflict cast a long shadow on markets, causing extreme volatility and dominating financial headlines 24/7.

“Fixed income investments” is a broad term referring to different types of investment securities that give investors fixed dividends or interest payments, until a specified maturity date.

Upon maturity, investors are paid back the principal amount that had been invested. In practice, the most common types of fixed-income investments are government and corporate bonds.

Eastport Financial held our annual turkey drive again this year, handing out over 400 turkey dinners to families so that they can celebrate Christmas at home. Another amazing time with so many great volunteers and business leaders throughout NS and NOW Newfoundland – who stepped up to show their neighbours they are loved and cherished this time of year. Thank you everyone!! Merry Christmas!

Setting up a life insurance policy isn’t the most straightforward thing. It involves answering numerous questions and really thinking about future goals. While creating a policy, your agent will ask you questions about your health and lifestyle. However, there will also be some out-of-the-ordinary questions such as who to designate as your beneficiaries and whether they will be revocable or irrevocable.

“Time Weighted Rate of Return” (TWRR) and “Money Weighted Rate of Return” (MWRR) are measurements used to assess an investor’s portfolio.

In the simplest of terms, TWRR will measure your portfolio’s performance only by assessing the time measurement period. MWRR, in addition to considering the measurement period, also takes into account the cash flow.

Investing in equities is the same as investing in stocks. In a manner of speaking, if you’re investing in stocks, then you’re investing in equities!

However, not all equities are stocks, as the term “equities”, includes a list of different investment options (one example is mutual funds). The common factor is that none of these investments pay a fixed interest rate, but rather you make a portion of the profit that the company or fund earns.

Recent tax legislation has introduced some significant changes that have impacted how family trusts are taxed in Canada. These changes have had a significant impact on existing Canadian family trusts with the bulk of these changes impacting many renowned and influential private family businesses.

When a coveted employee or high-level executive leaves a business, it can have many adverse effects, especially if a succession plan is not in place.

A talent vacuum can be created, because of which, important roles and functions are not carried out.

Simply put, a money market fund is just another type of mutual fund. A common investment choice for people from all walks of life. This investment is best suited to those looking for a short-term, low-risk return. 

If you’re looking to build a philanthropic legacy through the money you’ve earned with all your hard work, then this article will be of great benefit to you. While it is noble to engage in any charitable endeavor, it would be prudent to look into the different ways one can do so.

Offering a wide range of employee benefits has become common practice for most small, medium, and large businesses in Canada. Group benefits, for example, offer employees much wider coverage than your provincial health care plans. For most employees, a better health and wellness plan can be the difference between moving to another company or staying in their current position.

Despite a bright start to Q3, U.S., Canadian and global equities gradually lost momentum as the Fed reiterated it would continue its monetary tightening path. In bond markets, U.S. and Canadian yields rose on the outlook for interest rates, inflation and the pound falling to a record low after the U.K. government announced huge tax cuts funded by increased borrowing which were subsequently rejected by the market and reversed.