Wealth

Tax News

IRS plans crackdown on 1,600 millionaires to collect back taxes

Artificial intelligence is playing a big role in identifying wealthy tax dodgers

By Fatima Hussein, The Associated Press |September 8, 2023

2 min read

Economic Indicators

Poorer households hit harder by economic conditions: StatsCan

Wealth and income inequality rose in the first quarter

By James Langton |July 4, 2023

3 min read

Industry

5 strategies to transition the family business

A report from the Family Entreprise Foundation offers ideas to prepare the next generation

By Staff |June 15, 2023

1 min read

Economic Indicators

Pandemic wealth gains wiped out: StatsCan

A "perfect storm" drove a drop in household net worth in Q3

By James Langton |January 19, 2023

2 min read

Economic Indicators

Declining wealth to torpedo spending, growth: RBC

Household wealth expected to drop by $1.6 trillion from pandemic heights

By James Langton |October 26, 2022

2 min read

Economic Indicators

Wealth, income gaps widening once again: StatsCan

After a pandemic pause, inequality is growing as poor hit harder by downturn

By James Langton |October 3, 2022

3 min read

Tax News

Biden’s budget plan includes 20% minimum tax on households worth $100 million or more

New tax on the ultra wealthy would include ``unrealized gains''

By Josh Boak, The Associated Press |March 28, 2022

5 min read

Economic Indicators

As rates rise, households sit on record debt piles

Both household assets and debts are well above pre-pandemic levels, RBC reports

By Staff |March 15, 2022

2 min read

Economic Indicators

Income inequality improved to record low in Q3

However, the bottom 40% of households still control less than 3% of net worth in Canada

By James Langton |January 28, 2022

2 min read

Industry

How advisors can support women’s growing share of wealth

Women may rely more on facts than their guts when making investment decisions

By Maddie Johnson |December 14, 2021

3 min read

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