Is it better to rent a house or buy one? Most people would agree that owning a house is far better because you build up equity. But when you rent a house, you don't build up any equity, and when you move out, you have nothing to show for all the rent you have paid.
With only 10 percent of family businesses in Canada succeeding beyond the second generation, you would think that owners are working hard to develop better succession plans to improve the odds. You would be wrong....
With global stock markets hitting the master reset button, safe and until recently boring guaranteed investment vehicles are in the spotlight. Even the humble insurance policy is getting some love.
New and welcome frontier for Hugh MacDonald
Advisor Hugh MacDonald isn’t one to avoid unknown territory. In fact, he embraces the challenge – whether it’s embarking on a new career, perfecting his saxophone playing by performing in front of a live audience, learning the finer points of golf (“I am getting better,” says Hugh) or finding ways to inject innovation into the insurance strategies he provides his clients.