October 8, 2008 - Interview with Don Coxe
Don Coxe, BMO Financial Group Global Portfolio Strategist was recently interviewed on Business News Network for his comments and outlook on the economy. Click here to go directly to the interview.
BMO Nesbitt Burns is one of Canada's leading investment dealers. We are uniquely qualified to assist clients in realizing their investment success.
With over 20 years in the investment industry, Brad Aulthouse is experienced in developing personalized investment plans that take into account each client's goals, risk tolerance and investment time horizon. Based on analysis of the client's financial goals and current situation, an appropriate investment strategy is recommended.
Each client's portfolio is continually monitored to ensure their specific needs are met in both RSP and taxable accounts.
As a BMO Nesbitt Burns Investment Advisor, Brad offers timely, relevant, high quality investment advice. This is possible by taking advantage of BMO Nesbitt Burns top-ranked equity research and through our BMO Nesbitt Burns Managed Assets Group which provides access to world-class managers.
He has broad experience and a solid reputation in assisting individual, corporate and institutional clients.
The Architect Program
The only program of its kind in Canada and exclusive to BMO Nesbitt Burns. The simplified way to build wealth.
Bill C-50 Approved and How it May Benefit You
On June 18, Bill C-50 which includes the 2008 federal budget measures received Royal Assent. The significant income tax provisions in this legislation include the following:
1) The Tax-Free Savings Account (TFSA) which allows investors to contribute up to $5,000 / year beginning in 2009 to a registered account which provides tax-free accumulation and withdrawal;
2) The extension of time limits and age limits for RESPs;
3) The reduction in the dividend gross-up and tax credit for eligible dividends, effective in 2010 to 2012; and
4) The extension of the elimination of capital gains for donations in respect of certain exchangeable securities.
Update on the Tax Free Savings Accounts
Work is underway to offer tax free savings accounts at BMO Nesbitt Burns and we will keep you apprised of our progress. They will be available starting January, 2009. For more information on the Tax Free Savings Accounts, visit the Canadian Revenue Agency.
1Brendan Wood International Survey. Institutional Equity Research, Sales and Trading Performance in Canada, 2007 Report.
2The comments included in the publication are not intended to be a definitive analysis of tax law: The comments contained herein are general in nature and professional advice regarding an individual’s particular tax position should be attained in respect of any person’s specific circumstances.
All market data is delayed by at least 20 minutes unless otherwise noted. Quotes, historical data, charts and statistics are provided by SunGard PowerData. BMO Nesbitt Burns is not responsible for the information provided.
** Mutual fund prices are as per previous day's close. Unlike stock prices they are not updated throughout the day.
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