Dear Jeff,
Welcome to the February 2008 issue of The
Wealth Letter. This month we'll take a look at
what Scotia Economics expects from the economy
in their Global Outlook for 2008. Many
clients ask about Flow-Through shares and Limited
Partnerships at this time of year. Brian Hutchison
of our Portfolio Advisory Group provides an excellent
overview. You'll also learn about maximizing your
Charitable Giving through life insurance in our
Insurance Strategy section. The last topic will
focus on what it means to be a Certified Financial
Planner (CFP) and why you should (if you're not
already) be working with one to help you achieve
your financial goals. As always, I encourage you
to call or e-mail me with any questions or comments you
might have. Happy Reading.
|
|
Economics
Global Outlook: Gearing Down - January
2008 |
|
Global economic activity will decelerate in the
months ahead as the aftershocks of the U.S. sub-prime
crisis reverberate through financial markets.
Click
Here to read the full report from Scotia
Economics
|
| Tax
Advantaged Investment Strategy
Flow-Through Shares and Limited
Partnerships |
|
Flow-through shares and flow-through limited
partnerships (LP's) offer investors both a tax benefit
and the potential for capital appreciation in the
resource sector, typically in oil & gas and mineral
exploration. To encourage investment in resource
exploration and development, the Canadian government
allows corporations with eligible tax deductions to
"flow-through" (pass along) these expenses to
investors.
|
Insurance Strategies
You don't have to be a millionaire to leave a
million dollars |
| I
wrote this article for the MS Society of Canada.
It appeared in the Fall 2007 edition of their Tribute
Newsletter. If charitable giving is important to
you, read how insurance can be used as a tool to leaving
more to charity than perhaps you thought you could.
Disclaimer: This article is for
information purposes only. ScotiaMcLeod does not
offer tax advice, but working with our team of experts
we are able to provide a suite of financial services for
clients. We recommend that individuals consult
with their professional tax advisor before taking any
action based upon this information. www.jeffmccartney.ca and
ScotiaMcLeod are not responsible for external articles
posted on this site from those not part of the
Scotiabank
Group. |
| Wealth Management Strategies
Why Hire a CFP? |
The Financial Planners Standards Council have
recently created the CFP Professional Competency
Profile. I think it gives an excellent review of
what it means to be a Certified Financial Planner and
what kind of experience you can expect to recieve by
hiring one.
|
|
|
Thanks for taking the time to read The Wealth
Letter. I write it for you.
Sincerely,
Jeff McCartney, CFP
Investment Executive
ScotiaMcLeod
(416)
865-6392
| | |
 |
Jeff
McCartney, CFP
Investment
Executive
|
|
| |
