Seminars

Nexus occasionally holds seminars on various financial counselling topics, including retirement planning, estate planning and longer-term financial planning for 40 – 50 year olds. If you would like to receive information on any of these topics, please contact us.

GST - New Legislation

On December 14th the Department of Finance announced that the Government will shortly be tabling new legislation that will (i) re-impose GST on discretionary investment management fees, (ii) deny claims for rebates of GST previously paid on such fees, and (iii) waive any obligation to pay GST that has not previously been collected. As a result of this development, and subject to our review of the draft legislation when it becomes available, we expect to resume charging GST on our fees with the billings in January.

Nexus Tax-Free Savings Account

At Nexus we believe a Tax Free Savings Account ("TFSA") can play a useful role in your overall financial and investment plan. The Nexus TFSA is designed to help you achieve the greatest value from this new vehicle, which will come from a disciplined contribution program over the long term. Accordingly, the Nexus TFSA is structured as an investment account, so that the tax-free growth of your savings over several years will result in a meaningful dollar amount, despite the modest annual contribution limit. We believe this approach is superior to the “bank account” structure that some financial institutions appear to be offering.

If you are interested in a Nexus TFSA, please contact us and we will send you a simple application form to complete and return, along with your cheque for $5,000 payable to RBC Dexia Investor Services Trust. We would also be pleased to discuss with you whether a Nexus TFSA is suited to the needs of other members of your family.

Nexus Premises Renovation!

Having recently renewed our lease in our current premises for another 5 years, we have spruced things up around the office. In addition to new carpet and a fresh, new colour scheme in the meeting rooms, we've moved a few walls to make better use of our space. Be sure to have a look around when you're next in the office.