National Bank Financial - Wealth Management (NBFWM) is a division of
National Bank Financial Inc. (NBF), as well as a trademark owned by
National Bank of Canada (NBC) that is used under license by NBF. NBF
is a member of the Canadian Investment Regulatory Organization (CIRO)
and the Canadian Investor Protection Fund (CIPF), and is a
wholly-owned subsidiary of NBC, a public company listed on the Toronto
Stock Exchange (TSX: NA).
Gerardo's Advice for Life
April 3rd, 2025 by Gerardo Cappelli
Comment on the Current Market
Amidst these market fluctuations, my goal is to maintain well-diversified portfolios to ensure stability. We have seen market weakness before and I remain confident in long-term returns. The prudent approach is to hold steady and observe how the tariff situation develops. Of course, I am available to discuss your personal situation. Take a look at the investment guide and in particular "Should you hold on to investments during market fluctuations?"
Second Thoughts - Asset Allocation - April
From the CIO Office: The record uncertainty into which the Trump administration has plunged the global economy has finally dragged the S&P into correction territory in March. However, what happens next depends largely on the scale of the economic slowdown that is beginning to take shap
Update on the Capital Gains Inclusion Rate
On January 31st, 2025 the federal government announced the postponement of the change of the capital gains inclusion rate, originally scheduled for June 25,2024 to January 1st, 2026. On that date, the rate will increase from 50% to 66.67% for gains exceeding $250,000 in a year for individuals and for all gains realized by corporations and most trusts.
Tax Time
If you have selected tax slips online, login at www.nbf.ca , select Documents and choose Tax Slips from the dropdown menu. For those that have capital gains or foreign property, select Internal Reports in the dropdown menu. Also note that if you hold mutual funds, those will be sent out directly from the fund companies.
I have also attached the 2024 Tax Guide for description of tax slips and useful resources.
Hot Docs Festival 2025
Last year, the Hot Docs Ted Rogers Cinema was closed because of the organization's financial challenges. They went through a period of cost cutting measure and internal restructuring and now Hot Docs will resume a gradual resumption of programming including the 2025 Hot Docs Festival. Our son is excited to be volunteering at this event again.
Celebrate Earth Month at the Evergreen Brickworks
Evergreen Brick Works was Canada's first large scale community environmental centre and this month they are celebrating Earth Month. They have workshops, art installations, pop up experiences and of course their Saturday Farmer's Market.
