By Garry Keiller, The Nakamun Group, Edmonton

Canada is one of the few countries with a triple-A debt rating. While our debt, unlike many nations’, is manageable, the priority of the 2013 Federal Budget is to eliminate the federal deficit by 2015/2016. Spending growth will increase by only 0.9 percent in 2013, the lowest rate of spending growth in 20 years.

Grants, taxes, and exemptions seem to be the order of the day with the following highlights likely to affect some of out clients. 

Continue Reading  Federal Budget

The Game of Risk

In this Winnipeg Free Press ‘Money Matters’ article, Bob Challis contributes his insight and advice about  the need for insurance and  ‘Considering Life’s “What if…”

Read the full article here


By Floyd Murphy, CFP, CLU, CHFC,
The Nakamun Group, Vancouver

 The changes that have already occurred and are still to come regarding Canada Pension Plan (CPP) and Old Age Security (OAS) have made decisions about collecting benefits and, in the case of CPP, continuing to contribute far more complex than in the past. Each individual’s decisions should be made only after consideration of his or her particular circumstances. Read More…

Tax Changes to Affect Trusts

By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg

Trusts, similar to individuals or companies, are separate and distinct entities under law and in the view of Canada Revenue Agency (CRA). Trusts can achieve a number of objectives ranging from transferring property and other assets in an orderly, private, and confidential manner to beneficiaries; to managing those assets for beneficiaries; minimizing probate costs; protecting assets from creditors; and managing income tax exposure. The income tax advantages are about to change. Read More…

Understand Your Travel Insurance

By Gloria Murphy, CIP,
The Nakamun Group, Vancouver

In a recent news story, a woman was injured while on vacation, when her parachute malfunctioned during a sky dive. Her travel insurance policy did not cover her injuries because she was determined to be participating in an “extreme sport”, which was an exclusion. Read More…

YOUNG, HEALTHY, AND FIT? Now’s the time to invest in Critical Illness Insurance

By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg

Young, healthy, fit adults embarking on their life adventures are unlikely to consider that they might be one of the two Canadians alive today who will be diagnosed with heart disease, or one of the three who will have a stroke before age 65 or be stricken with life-threatening cancer. Yet, those are the statistical realities.  Read More…