Clearing up biggest misconception about philanthropy can encourage more Canadians to give back

The Globe and Mail
May 11, 2023.

Alexandra Horwood, Portfolio Manager, Investment Advisor at Richardson Wealth writes that “Anyone, regardless of their net worth, can be a philanthropist by donating their time or making smaller contributions that can have a larger impact if directed properly.”

“At a time when socioeconomic inequities are becoming more prevalent due to the increased cost of living, incorporating giving into financial planning can be more impactful than ever.”

*Globe Advisor subscription required.

Read more.

Related articles

2026

The great stuff transfer: How to help clients pass on collectibles

April 13, 2026 - More than 60% of collectors planning to pass down their art collections haven’t had a meaningful conversation with their heirs, a…

1 minute read

2026

With lower home prices and higher interest rates, how do HELOCs fit into financial plans?

April 7, 2026 - Home equity lines of credit (HELOCs) can be very useful, writes Kate Murdoch. However, the calculus may have changed as housing…

1 minute read

2026

How a discretionary PM has managed resurgent global markets

March 25, 2026 - Francis Sabourin shares why his approach is much more geared towards business fundamentals than specific regional themes.

1 minute read