Viewing post categorized under: In The News



January 15 / In The News

RBC Chief Economist Gives 2018 Economic Outlook at Oakville Chamber Breakfast

On January 9, 2018, Henderson Partners was proud to partner with the Oakville Chamber to host the Economic Outlook Breakfast to kick off 2018:

 

Canadians have reason to be optimistic with economic indicators pointing to Canada’s economy continuing to grow in 2018.

Royal Bank of Canada senior vice president and chief economist Craig Wright provided an economic outlook for 2018 during an Oakville Chamber of Commerce breakfast held Tuesday, Jan. 9.

The event attracted approximately 250 local politicians and members of the Oakville business community.

 

READ THE FULL ARTICLE HERE

 

 

January 15 / In The News

Ontario Economy Healthy according to Ipso and RBC

According to Craig Wright, RBC Senior Vice President, Chief Economist and Sean Simpson, Vice President, Ipsos Public Affairs the Ontario economy is healthy.Craig Wright and Sean Simpson spoke at a breakfast hosted by the Oakville Chamber of Commerce on Tuesday, January 10, 2018.

Big issues effecting the Ontario Economy were NAFTA, Ontario’s Regulation of the Housing Market and the implementation of the $14.00 minimum wage.

60 percent of Canadians believe Trudeau is effectively managing our relationship with the Trump government, including the NAFTA negotiations. Mr. Wright predicts that NAFTA will be ripped up, even though the preference would be to tweak the existing agreement. Should NAFTA be terminated, Ontario’s economy is not expected to suffer, because trade is balanced between our countries.

 

READ THE FULL ARTICLE HERE

 

 

 

December 1 / In The News

Congratulations Are In Order!

Congratulations to our own Candy Luan and Cathy Cen who passed the 2017 Common Final Exam (CFE).

 

Passing the CFE takes talent, hard work and exceptional dedication.

We’re so proud of you!!! This is a major career milestone and you rocked it!!!

 

 

 

November 30 / In The News

Bill 148 Is Now The Law, What Next?

 

Bill 148 IS NOW THE LAW, WHAT NEXT?

A Timeline of Implementation

The Fair Workplaces, Better Jobs Act, 217 will require employers to make significant changes to their policies and practices. This paper describes the changes and the timeline when they apply.

On Wednesday, November 22, 2017, the Government of Ontario passed Bill 148, the Fair Workplaces, Better Jobs Act, 2017. Introduced on June 1, 2017, as a response to the Final Report on the Changing Workplaces Review, Bill 148 makes significant amendments to Ontario’s Employment Standards Act, 2000 (“ESA”), Labour Relations Act, 1995 (“LRA”) and the Occupational Health and Safety Act (“OHSA”).

To help you navigate these changes, please see the excellent summary as prepared by McCarthy Tetrault on how the changes will affect you.

November 16 / In The News

The Oakville Hospital Foundation Candlelight Ball

Henderson Partners was honored to once again be a Gold Sponsor of the Oakville Hospital Foundation’s Annual Candlelight Ball !

This year’s theme was The Masquerade and it was an exquisite evening!

The event raised over $400,000 net and will be used to continue to fund the purchase state of the art medical equipment for our new hospital. Congratulations to the Oakville Hospital Foundation and the incredible team of staff and volunteers who made it truly a night to remember!

Sincerely,

The Henderson Partners LLP Team

 

September 18 / In The News

Liberal Tax Changes and the Impact on Small Businesses in Canada – Dear Ms. Damoff

 

September 15, 2017

 

Ms. Pam Damoff, MP
The Valour Building, Suite 810
House of Commons
Ottawa, Ontario
Canada
K1A 0A6

 

Dear Ms. Damoff, MP,

I am writing to you to express my grave concerns with the proposed tax changes released by the Department of Finance on July 18, 2017. These new rules will be damaging for my business and for small, medium and particularly family owned businesses in this country. The Liberal “consultation paper”, quietly released on July 18th, represents the most sweeping tax overhaul we’ve seen in 50 years. We’ve been given 75 days for “consultation”.

Read the article

September 7 / In The News, Wealth Management

How This Couple is Balancing Their Finances and a New Baby

In the months leading up to the birth of their first child, Bob and Betty wondered how this new stage of their lives might affect their financial position.

Betty would be taking parental leave, so the household income would drop. When she returned to work, there would be child-care costs and saving for higher education. In time, they might have a second child.

“I worry that we are not managing our savings as well as we should, and that our current lifestyle cannot be maintained once kids are in the picture,” Betty writes in an e-mail. “Will we need to adjust in other areas? Will things be tight in the year I am on maternity leave with only 10 weeks of [employment insurance] top up from my employer?”

Well, the little one has arrived so they’re about to find out. “We welcomed a baby girl on July 2,” Betty writes. “Life is certainly different, and we are settling into this new chapter.”

They are well-positioned financially. At the age of 30, both have good professional jobs, bringing in a combined $175,000 a year before tax. Bob, who makes $83,000 a year in the health-care field, has a defined-benefit pension plan. If he stays put, he can retire in 25 years – at the age of 55 – with a monthly pension of $2,886, plus a bridge benefit of $720 a month until he turns 65.

 They hope to retire early. “We are still young and if we need to adjust course to meet our goals, now is the time,” Betty writes. Like most folks their age, they have a house with a mortgage.

We asked Linda Stalker, a certified financial planner at Henderson Partners LLP of Oakville, Ont., to look at Bob and Betty’s situation.

Read more from our own Linda Stalker who shares her advice with a young couple making important decisions about their future in this special article from the Globe and Mail.

 

August 2 / In The News

Fair Is Not Equal

Recent tax measures target entrepreneurs

The Liberals recent Federal Tax initiatives target those that create opportunity and drive innovation in this country. There needs to be incentive for entrepreneurs who risk their capital and who are the back bone of our economy. The tax rates established for the various levels of corporate income were meant to provide that incentive to take risks and to invest.

Read the article

June 26 / In The News

Inside Halton: Oakville’s Henderson at the top of her game – entrepreneurship

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