Ord Private Wealth Management of RBC Dominion Securities Inc.

At Ord Private Wealth Management, our portfolio contains many companies that are significant beneficiaries of AI, so I was intrigued to listen to this episode of Disruptors.

The global race to apply AI to robotics in a way that can make society better is on — offering unprecedented efficiency, precision and enhancing productivity to relieve humans from mundane tasks. Though there are concerns regarding ethical dilemmas and potential job displacement — fueling fears about the societal impact of these advancements. Striking a balance between the benefits and addressing these apprehensions will be key to unlocking a harmonious integration into our daily lives. On this episode of Disruptors, John Stackhouse visits Sanctuary AI — a Canadian company recognized on TIME’s Best Inventions of 2023 — to explore the cutting-edge future of humanoid robotics and is joined by visionary, Suzanne Gildert, the company’s Co-founder and Chief Technology Officer.

Disruptors - RBC Thought Leadership Insights for navigating a rapidly changing world.

One veteran Bay Street economist predicts the Bank of Canada will need to bring borrowing costs down to pre-pandemic levels to avoid a deflationary scenario.

‘Inflation going to zero’ if BoC too slow to bring rates down: David Rosenberg

Wherever you are in your business lifecycle, what's next? What’s your exit strategy? What will retirement look like? It’s never too early to lay the groundwork for a smooth transition. Let us help you start planning your next chapter.

Please reach out to us for further information

www.ordprivatewealthmanagement.com

There’s no one-size-fits-all approach when estate planning involves a family cottage. Learn what David Chilton recommends your family’s first step in the process should be.

The Wealthy Barber on how a cottage can complicate estate planning “The last thing you want is for your cottage, a place of great memories, a true family treasure, to end up being a wedge that drives your family apart.”

Please find our link below to our March edition of "Not Your ORDinary Newsletter" entitled "A Diversified Strategy for Retirement Income can Really Pay Dividends!"

When a client tells us, “I need dividend income in retirement”, what they are really saying is “I need MONEY to fund my expenses in retirement”. The source of that money doesn’t necessarily have to come strictly from dividends but many retail investors consider large dividend paying stocks as “safer” and desire the higher cash flow that comes along with them. However, what can get lost in that way of thinking is the fact that many of the most well-managed; profitable; and innovative companies in the world today do not pay their shareholders a large dividend.

When a client asks us, “how should I fund my retirement income needs?”. We suggest that the best answer to this question is a little more nuanced than “Own dividend stocks!”

In this months newsletter we delve in to how we manage income requirements for our discretionary clients’ portfolios

Finally, this time of year, taxes are on everyone’s mind. Looking for ways to reduce taxes is a focus of tax planning for people in any financial situation. So in this months edition we look at income splitting opportunities for clients

Ord Private Wealth Management - Not Your ORDinary Newsletter Below is Ord Private Wealth Management’s March edition of our newsletter. Please reach out to us if you have questions or concerns about anything we have touched upon. For more information please feel free to contact us.

Please find our link below to the January "2023 Year in Review" edition of "Not Your ORDinary Newsletter" where we look back at our 2023 Commentary.

We usually aim our focus on the future when it comes to investing. However, this time we are going to shift gears and look back at the year that was, by revisiting some of our previous commentary from the “Not Your ORDinary Newsletter.”

Did our previously published comments from 2023 line up with the recovery in markets last year? Spoiler Alert! YES, they did! 2023 was a really good year for clients of Ord Private Wealth Management.

This newsletter offers a retrospective on our economic and stock market views throughout the past year, to reflect on why we felt a certain way at various points in time. Our views were often against consensus, which turned out to be the correct path. We also touch on our expectations for 2024, and what we have done in our portfolios to reflect our view.

It was not a good year in markets for many investors out there that took too cautious an approach. For those of you that are interested in learning more about how we successfully manage portfolios for our clients, please reach out to discuss.

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Ord Private Wealth Management - Not Your ORDinary Newsletter Below is Ord Private Wealth Management’s January edition of our newsletter. Please reach out to us if you have questions or concerns about anything we have touched upon. For more information please feel free to contact us.