Don’t wait until it’s too late to start tax planning!

The Montrealer
May 20, 2023.

In an article with the Montrealer, Lynn MacNeil, Associate Investment Advisor, Associate Portfolio Manager at Richardson Wealth writes that tax planning can help by leveraging fiscal knowledge and tax strategies to discover what tax strategies may work for you.

“If you have equity investments in your registered portfolios, and fixed-income investments in your non-registered portfolio, you could swap positions to shelter the more highly taxable interest from taxes. If you’re working with a financial advisor, they should be noticing this each year when they review your tax return and make recommendations that fit with your risk profile and reduce your taxes.”

Read more.

Related articles

2026

The Critical 10 Wealth Premium: Protecting Corporate Exits

October 28, 2026 - Craig Machel join the Canadian Small Business Podcast, discussing wealth management planning, the Critical 10 retirement window as it relates to…

2 minute read

2026

How advisors can reframe the mutual fund vs. ETF debate

October 27, 2026 - When comparing mutual funds and ETFs, advisors should have the data in front of them and illustrate why comparisons should be…

2 minute read

2026

Why iA chose Nobelia as the new brand for Richardson Wealth

October 5, 2026 - Julie Gallagher shares how the firm arrived at the name Nobelia Wealth, and what the rebrand means for advisors and clients.

2 minute read