Markets in the first quarter of 2021 have been marked by ongoing volatility as the world recovers from the negative effect of the first waves of the COVID-19 pandemic.

By Kevin Wark

Most insurance advisors are familiar with the benefits of corporate-owned life insurance. To start, it may be "cheaper" to fund the premiums with after-tax corporate dollars rather than using personal funds.

Each year, our staff generously donate their time to organize the Annual Eastport Turkey Drive. It’s one of the ways we give back to the community, and this year, despite the added challenges of the COVID-19 pandemic, we raised $21,350.00 and bought 650 turkeys, sacks of potatoes, stuffing, bread, frozen vegetables, and dessert!

We are grateful for the following testimonials of our efforts, and to these organizations for allowing us to be part of their Christmas outreach.

Despite a resurgence of COVID-19 cases and renewed lockdowns in many regions, markets trended upward during the fourth quarter of 2020, boosted by growing clarity around the outcome of the U.S. presidential election and significant COVID-19 vaccine progress.

Check out this great read from our partners at Belliveau Veinotte on how the CERS is open to property owners and not just tenants.

The idea that retirement is a continuous vacation is a myth. It takes planning to spend time with purpose. Make no mistake it is important to relax, travel while you can, and enjoy every day - but that shouldn't be a retirement thing, it should be an everyday state of mind. Too many folks think life starts at retirement but get there to find disappointment realizing that life is best lived with purpose, which takes effort.

Recovering from the pandemic-related downdraft of the first quarter, financial markets enjoyed a period of relative calm and optimism through of the summer of 2020. Equity prices in many markets continued to improve, with some sectors moving sharply higher as lockdown restrictions eased and economic activity gradually resumed...

What does everyone know about group health & dental plans? That's easy: The cost goes up every year, and selecting a specific plan design for the increasingly diverse needs of ​staff can be a challenge.

A man of many talents, Jonathan Lewis holds the titles of developer, multi-business owner, professional advisor, and author. However, it is the qualitative side of his life that he values most. As the husband of Sara Lewis and as the father of their two young daughters, Jonathan places his family above all else and works to assist other families who lack the resources they have. As the founder of Eastport Financial and as the author of Deep Water: How to Face Fatherlessness, Jonathan’s faith in God is at the center of who he is. He strives to live out his faith daily as a husband, father and leader in the business community.

While the first quarter of 2020 was dominated by anxiety surrounding the initial outbreak of COVID-19 and the ensuing lockdowns and capital market declines, the second quarter demonstrated a remarkable bounce back in those markets – even with a resurgence of the virus in the U.S. and renewed lockdown measures.

The day arrives when you’re hopping into the car to head to the hospital because your family is about to be one or a few persons bigger; the baby(ies) are arriving. It is an amazing time in one’s life to be creating life and seeing your child(ren) grow and achieve. As parents we worry and fret about many things including saving for college...

In the stormy sea of today's uncertainty, this article brings a fresh perspective on how to manage risk.

Discussion Topic – Passive Income Rules in a small corporation in Canada. Strategy – Tax savings and integration for small business owners using life insurance. In the fall of 2017 and into the 2018 budget Canada Revenue Agency (CRA) enacted a tax policy which changed how Active Business Income is taxed in a corporation relative to the amount of Passive Income earned by the same corporation.

Eastport Financial Group is a team based financial planning firm, specializing in creating customized tax efficient financial plans and income strategies for the physician community across Canada. We have been working with your peers for more than 20 years. We want to share with you some of the most efficient ways available for you to plan for today and the future - and the importance of building a quality advisory team, and what expectations you should have for those professionals.

In our desire to continue to enhance our services to our clients MATT JENKINSON has joined our firm as the Chief Operating Officer.

Matt was born and raised in Somerset West, South Africa. He attended Brevard Community College and Southeastern University in Lakeland Florida as a college golf athlete and graduated with a BSc in Finance, magna cum laude. Matt is also a CFA Charterholder.

Eastport Financial Group is a small local business just like many of our clients. Like our clients we live and are raising our families in Nova Scotia. We work in Nova Scotia, and we are "Nova Scotia Strong" just like you. We are open and working hard for our clients and the communities ​they live and work in.