The McNaughton Group

05/29/2026

Fraud can happen to anyone, regardless of age — yet shame often keeps people from speaking up. By approaching these conversations with empathy and an open mind, you can help break the silence and make it easier for others to come forward.

05/28/2026

In case you missed it: Scotia Wealth Management recently provided a summary of the significant tax measures announced in the 2026 Economic Update and the potential impact on you, your family, and your business.

On April 28, 2026, in Ottawa, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne, delivered the 2026 Spring Economic Update (2026 Economic Update), titled “Canada Strong For All”. The economic and fiscal update, commonly known as the economic statement, traditional...

05/27/2026

When handled well, succession could strengthen both the enterprise and family relationships. When handled poorly, it could strain them irreparably. Successful transitions require early, intentional planning that considers not only the owners’ goals, but also the readiness, aspirations and perspectives of the next generation.

Learn more from Scotia Wealth Management on our website.

Beyond financial value, your family business represents years of sacrifice, identity and legacy. Transferring a business to your adult children could be one of the most meaningful, yet complex, decisions you will make. When handled well, succession could strengthen both the enterprise and family rel...

05/25/2026

Canadian equities returned 0.66%, led primarily by the banking sector as Canadian inflation offered the market more insight into the direction of interest rates.

Get up to speed—Scotia Wealth Management’s latest market news is online now.

This week’s highlights Markets inch higher amid backdrop of geopolitical uncertainty Global rates hold steady amid eventful week Canadian inflation increases in April driven primarily by energy price; underlying inflation measures moderate Geopolitics continues to weigh on U.S. business optimism G...

05/21/2026

If you're approaching retirement or starting to think about how to fund this stage of your life, pension income splitting is a strategy you may consider to help maximize your hard-earned retirement savings. Visit our website to learn more and reach out if you have any questions.

Pension income splitting is a simple, yet effective, strategy to help provide tax-efficient retirement income for couples.

05/20/2026

While families invest significant time and resources into tax strategies, legal structures and investment planning, many underestimate the impact of communication, trust, and shared understanding. As a result, wealth transitions often become fraught with confusion, conflict, or unintended outcomes.

When families communicate with clarity and intention, wealth transitions become stronger and more sustainable. Explore the full article for key insights and practical strategies.

Effective communication across generations is one of the most important—and often overlooked—factors in successful family wealth transition. While families invest significant time and resources into tax strategies, legal structures and investment planning, many underestimate the impact of commun...

05/19/2026

We live in an investment world where, increasingly, the prospect of quick gains takes precedence over rational decision making.

The great Warren Buffett has an answer for this: the mirror test.

During a lecture at the University of Florida about the role of personal accountability in investing he said: “You really want your decision-making to be by looking in the mirror.”

Read more on our new blog.

We live in an investment world where, increasingly, the prospect of quick gains takes precedence over rational decision making. The great Warren Buffett has an answer for this: the mirror test. During a lecture at the University of Florida about the role of personal accountability in investing he sa...

05/19/2026

Strong corporate earnings have supported risk assets, offering relief amid heightened geopolitical uncertainty and persistent inflation risks. However, moderating global growth, rising oil prices, and a more hawkish central bank backdrop argue for a balanced investment stance rather than a material increase in risk.

Don’t miss Scotia Wealth Management’s latest market update—now on our website.

A concise summary of major market events, their impact on financial markets, and implications for investment strategy.

05/14/2026

You may be wondering whether you could benefit from an investment holding corporation (Holdco) and what owning one may accomplish for you in your holistic wealth planning. This article outlines some of the benefits and costs of owning a Holdco. For personalized advice, we invite you to reach out to our team.

You may be wondering whether you could benefit from an investment holding corporation (Holdco) and what owning one may accomplish for you in your holistic wealth planning.

05/13/2026

After 35 years of building a successful dry-cleaning business across Southern Ontario, the Fosters are now in their early 60s and ready to retire. With their adult children uninterested in taking over the family business, they sold it to an external buyer for $25 million. However, the sale triggered a significant $5 million capital gains tax liability – a cost that could impact their long-term plans.

Read more from Scotia Wealth Management on our news page.

Discover how business owners can turn tax liabilities into opportunities to preserve wealth and create lasting charitable and family legacies.