The long-term returns of active management compared to passive investments have long been debated. However, returns are only part of the picture. Members of both schools of thought perennially argue that their way is better than the other. Even though the approaches of both styles of investment management are quite different, each has their unique benefits. To set expectations, it is important to understand that the advantages of active management can quickly erode if one fails to adopt a long-term perspective.
Latest news
As we approach the end of 2017, it’s a good time to review one’s personal financial objectives, current and proposed tax changes, and deadlines. This is especially true for those with private corporations due to the Department of Finance’s summer announcement of tax proposals targeting tax planning using private corporations, which may come into effect in 2018. There is a sense of urgency concerning these changes and how to best address them before 2018. Furthermore, there are other tax planning opportunities and deadlines that can be considered on an ongoing basis.