Insights
Insights
Giving you access to exclusive insights and in-depth perspectives from our team of experts.
Tax Integration
A fundamental principle of our Canadian tax system is integration. Tax integration is achieved when an individual experiences the same or similar after-tax result no matter the legal vehicle used to generate the income. The intention behind this principle is to eliminate any advantages or disadvantages in taxation between individuals, corporations and trusts.
Enhancing Your Portfolio with Alternatives
Alternative assets, such as real estate, are an important component of our pension-style approach to investing. At First Avenue, we believe in the merits of a well-diversified investment portfolio, inclusive of equities, fixed income, and alternative investments, which seeks to provide you, our valued clients, with attractive risk-adjusted returns over the long term.
Post-Secondary Students: Tax Planning Tips and Tricks
With so much going on during back-to-school season, tax planning is usually not top of mind for post-secondary students. In fact, many students don’t even file tax returns until they graduate and land their first full-time job. However, the following are several reasons why students should begin filing tax returns when they start their post-secondary career.
2024 Federal Budget Highlights
On April 16, 2024, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled the federal budget aimed at providing “a fair chance to build a good middle-class life” by focusing on building more affordable housing, introducing programs to cut daily living costs and focusing on economic growth.
Construction Reaching New Heights at Arte Residence in Mississauga
Mississauga II LP, known as Arte, is progressing with impressive momentum as construction continues to advance on schedule. This 18-story building is expected to be structurally complete by Q3 2024, at which point construction and finishings will accelerate. Hear from EMBLEM's Project Manager, Justin Bourne, as he takes you through the achievements on site.
Celebrating the Successful Exit of 1 Jarvis Residence in Hamilton
Building on our reputation of performance through sound execution, we are pleased to announce the successful exit of the Hamilton I LP project (“1 Jarvis”), which held its final closing in April 2024 and delivered the full targeted annual return to First Avenue investors. This milestone marks the 5th successful exit for First Avenue’s alternatives portfolio in less than 18 months.
Milestone Achieved at Arte Residences in Mississauga
We recently celebrated a major achievement at Mississauga II LP, known as Arte. A "Topping Off" event was held to mark the completion of the 18-story structure and to thank the trades and team at EMBLEM for their efforts. With this milestone, Arte is on track to be completed by the end of 2025.
Additional and Expanded Filing Requirements Beyond Traditional Trusts
The new and enhanced trust reporting rules will begin applying to formal and informal trusts, including so-called ‘bare trusts’ with a tax year ending after December 30, 2023. This means the rules are effective for all trusts with a December 31, 2023 year-end.
Rate Cuts to Take Place Throughout 2024
Anticipated rate cuts are in the headlines, with market experts predicting around 6 cuts in contrast to the Fed's forecast of 3. Now well into the higher interest rate environment, expect to see higher rates of unemployment and loan losses in mid to late 2024, signalling the near conclusion of the inflationary environment.
S&P/TSX composite rises, U.S. stock markets also gain after strong GDP report
TORONTO — Strength in energy and utilities helped Canada’s main stock index post a modest gain Thursday, while U.S. markets also moved higher following a stronger-than-expected GDP report. The U.S. economy grew 3.
1 Jarvis is Nearing Completion
Construction on 1 Jarvis is nearing completion. The EMBLEM team has begun preparing for tenant occupancy in Q1 2024. The project is slated to exit by early Spring of this year and is on time and on budget. Investors are expected to receive the full target rate of return upon completion.
Underused Housing Tax: Upcoming Deadline
The 2022 Underused Housing Tax (UHT) return deadline is fast approaching. Earlier this year, the CRA extended the filing deadline for the new housing tax from April 30, 2023 to October 31, 2023 to allow more time for taxpayers to determine their filing obligations.
Key Competitive Advantages in Investing
When it comes to investing, there are differing opinions. Some theories evolve, while others remain relevant. Renowned investor Bill Miller identified three advantages in investing: informational, analytical, and psychological, which continue to ring true.
The Vision is Taking Shape at Mississauga I LP
Go on site with Justin Bourne, Project Manager at EMBLEM Developments, as he provides an exclusive look at the window installation progress at Mississauga I LP. Discover how this milestone was reached and what this means for the next stage of construction.
The Robinson Village Community Has Come Full Circle
Construction for Robinson Village I-III completed in 2022 and successfully exited over the past several months. Construction is wrapping up on the community’s fourth and final phase, with investment completion on the horizon before the end of 2023.
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