Our Views

The coronavirus pandemic has thrown a wrench into many Canadians’ winter travel plans. Border closings, travel restrictions, quarantine rules, ever-changing flight schedules, rising coronavirus cases, and “hot spots” around the world are all factors to navigate. Not to mention one’s own comfort ... Keep Reading "Medical insurance options for winter travel" >

This weekend, as families gather for a socially-distanced (even virtual?) Thanksgiving dinner, the things we once took for granted, we now take with gratitude. Some of our client families use this traditional weekend celebration to discuss their charitable giving plans – putting gratitude into ... Keep Reading "A philanthropy primer: high-impact, tax-smart giving" >

The coronavirus pandemic has prompted a great deal of reflection among Canadian pre- and post-retirees on many things, including estate planning. With a little more time on your hands, now may be the ideal time to ‘stress test’ your estate plan to make sure its many components reflect your ... Keep Reading "Why it’s time to ‘stress test’ your estate plan" >

For high net-worth retirees, the risk of depleting their capital in their living years is sometimes a source of anxiety, no matter how wealthy they may be. This anxiety is heightened during periods of volatility when portfolios are down and their withdrawals take a proportionately bigger piece ... Keep Reading "How to manage “sequence of return” risk in retirement" >

One of the most common questions we are asked by people who are either approaching or in the early stage of retirement is, “how should I structure my withdrawals to be most tax efficient?” That question is even more pressing at a time when the COVID-19 crisis has prompted many high net-worth ... Keep Reading "Tax-effective strategies to withdraw funds for your retirement" >

One potentially challenging aspect for high-net-worth individuals entering retirement is moving from the security of earning employment or business income to relying on investment income to fund their lifestyle. At first, it can feel a little like a high-wire act without a safety net. ... Keep Reading "From paycheque to portfolio: planning your retirement income" >

As a self-described workaholic, “Rick”—a Newport client—had no intention of departing his successful retail business and making the transition into retirement. Quite the opposite, in fact. “I worked all the time and didn’t have any hobbies,” he recalls. “I loved what I did and thought that I’d ... Keep Reading "Why purpose is key to a happy retirement" >

Some of us walked the streets of Toronto today alongside peaceful protesters who expressed grief and anger over recent events in the U.S., as well as solidarity with other protesters in cities across North America. As a firm, we share many of these emotions, yet we’ve struggled to find the ... Keep Reading "First steps on the path forward" >

For a variety of different reasons, many high net-worth individuals include charitable giving as part of their wealth management plans – whether to reduce tax on large capital gains, drive social change, or unite family around a common cause. During the COVID-19 crisis, the ways some have ... Keep Reading "Stories of charitable giving in response to COVID-19" >

From the onset of the COVID-19 crisis in March, our team has rallied together with two main goals in mind: providing the very best service to Newport Private Wealth clients in a time of market volatility and economic uncertainty, and determining how we could best support frontline organizations ... Keep Reading "Newport team bands together to help fight COVID-19" >