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

2025

Thinking about taking CPP early to avoid selling stocks at a loss? Proceed with caution

May 5, 2025 - Andrew Feindel shares that early CPP might make sense “if someone is fully invested in equities and needs immediate cash. But…

1 minute read

2025

How gifts, trusts and the lifelong learning plan can fund an education

May 1, 2025 - Andrew Feindel shares how he helps clients explore options beyond RESPs — from structuring gifts and trusts to using the Lifelong…

1 minute read

2025

Planning cash flow in advance is a comfort during a time of market volatility

April 28, 2025 - Andrew Feindel discusses how market uncertainty due to tariffs underscores the need for advisors to explain all the possible portfolio scenarios…

1 minute read