Research and consultancy firm ETFGI reports that globally listed assets of ETFs and exchange-traded products reached a new record high of US$2.55 trillion at the end of May 2014. Canada represents US$63.2 billion of those assets. This remarkable growth has also brought changes. ETFs started out [Read more]
Canadian residents, who die owning assets such as vacation properties in the United States or stocks in U.S. companies, may be subject to U.S. estate taxes. For tax purposes, assets include real and tangible personal property situated in the U.S., shares of U.S securities and units of U.S. mutual [Read more]
Good investors understand the concept of diversification and its benefits in managing risk. However, although many do diversify with individual holdings, the majority fall short when diversifying from a global standpoint. That’s understandable as it’s natural to invest in what one [Read more]
