Barry Desrosiers - BMO Financial Planner

Barry Desrosiers - BMO Financial Planner Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Barry Desrosiers - BMO Financial Planner, Financial service, Calgary, AB.

🍁🦅 Living in Canada with ties to the U.S.? Your retirement savings, investment gains, and even your home could be taxed ...
08/07/2025

🍁🦅 Living in Canada with ties to the U.S.? Your retirement savings, investment gains, and even your home could be taxed differently depending on where you live—and where you file your income tax return.

The U.S.–Canada tax treaty offers some important protections against double taxation, but it’s critical to understand how it affects your personal situation. RRSPs, Roth IRAs, RESPs, and even the sale of a principal residence can all come with cross-border tax implications.

Understanding the rules on both sides can help you avoid surprises—and plan with confidence.

Let’s talk about how the treaty might apply to your situation.

Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.

If Canada considers you a tax resident, you'll be taxed by Canada on your global income. So, Americans (including Green Card holders) who are also Canadian tax residents will have to navigate both the U.S. and Canadian tax systems. This article presents some important challenges and considerations.

Want to know what happened in the market this past week and what's ahead check out our latest market update.
08/02/2025

Want to know what happened in the market this past week and what's ahead check out our latest market update.

How did the markets perform this week? Get the highlights and the latest economic news.

A Registered Education Savings Plan (RESP) is an effective way to invest in a child’s future. But to make the most of th...
07/31/2025

A Registered Education Savings Plan (RESP) is an effective way to invest in a child’s future. But to make the most of this powerful savings plan, it’s important to know the contribution rules.

Here are some key points to be aware of:
👨‍👩‍👧‍👦 Who can contribute
📅 Maximizing grants
⚠️Avoiding over-contribution penalties

Is it time to start or review your education savings plan? Please book an appointment and we can explore options that work for you.

A tax-deferred savings account designed to help you save for qualified post-secondary education.

Summer’s heating up, and so is the market. Strong returns and low volatility have buoyed investor sentiment, but a pivot...
07/26/2025

Summer’s heating up, and so is the market. Strong returns and low volatility have buoyed investor sentiment, but a pivotal week ahead could shake things up. We explore short-term risks and share our cautiously optimistic view for the rest of 2025 in our Weekly Market Wrap.

How did the markets perform this week? Get the highlights and the latest economic news.

Feel like you’re juggling too many goals? It’s natural to want to enjoy life today. But when your future goals start sta...
07/24/2025

Feel like you’re juggling too many goals?

It’s natural to want to enjoy life today. But when your future goals start stacking up - like a child’s wedding, a second home, or that dream trip you’ve been planning - it’s easy to feel overwhelmed.

Here’s my advice: don’t panic, and don’t go it alone.

When you have a well-thought-out investment strategy, and a realistic view of the tradeoffs, you don’t necessarily have to drop anything that matters.

Check out these simple tips for some inspiration. If you’re ready to turn today’s dreams into an actionable plan, I’m here to help.

We're all striving to maintain a comfortable lifestyle. The difference is how each of us defines \\\"comfortable\\\".

It's time for your weekly market update from Edward Jones.
07/19/2025

It's time for your weekly market update from Edward Jones.

How did the markets perform this week? Get the highlights and the latest economic news.

Asset location is about how your investments are taxed, and the types of accounts you hold them in, like RRSPs or non-re...
07/17/2025

Asset location is about how your investments are taxed, and the types of accounts you hold them in, like RRSPs or non-registered accounts.

Why does it matter? Placing the right types of income in the right accounts can help reduce taxes and support your long-term goals.

Some key takeaways:
✅ Registered accounts like an RRSP grow tax-deferred, making them a great choice for interest income
📊 Capital gains and dividends are taxed more favourably than interest income, often making them a better choice for non-registered accounts
🎯 The goal: Same overall strategy, but pay less tax on investment income

Want to explore a more tax-efficient portfolio? Let’s talk.

Where you hold your assets could have an impact on tax treatment.

In this week's update we review last week's market performance and take a look at what the week ahead could hold.
07/12/2025

In this week's update we review last week's market performance and take a look at what the week ahead could hold.

How did the markets perform this week? Get the highlights and the latest economic news.

The early months of the year are packed with financial tasks: RRSP contributions, financial plan reviews and filing your...
07/10/2025

The early months of the year are packed with financial tasks: RRSP contributions, financial plan reviews and filing your tax return, to name just a few. But once deadlines pass and things slow down, spring and summer give us space to think.

If you have accounts scattered across multiple institutions, this could be the ideal time to consolidate. Having a unified strategy can help simplify your decision-making and set you up for long-term success.

Wondering if consolidating would work for you? I would be happy to review your portfolio for you and discuss some options.

Track your financial assets more effectively by consolidating to one advisor.

The first half of 2025 provided plenty of twists and turns for investors. With the second half of the year likely to bri...
07/05/2025

The first half of 2025 provided plenty of twists and turns for investors. With the second half of the year likely to bring its own share of uncertainties, we highlight three key themes and corresponding portfolio opportunities to help investors navigate the second half.

How did the markets perform this week? Get the highlights and the latest economic news.

Did you know that getting married can impact your taxes?This is something I often discuss with newly married clients, be...
07/03/2025

Did you know that getting married can impact your taxes?

This is something I often discuss with newly married clients, because the sooner you understand how things can change, the easier it is to plan for them.

Marriage can affect your eligibility for credits, deductions, and how your income is taxed.

If you’re navigating this for the first time, I’d be happy to help you and your partner make sense of it all - and set you up for success, together.

Check out this article to learn more and please get in touch if you’d like to discuss.

It's important to discuss your finances and long-term goals with your significant other.

Address

Calgary, AB

Telephone

+14032421925

Website

Alerts

Be the first to know and let us send you an email when Barry Desrosiers - BMO Financial Planner posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Barry Desrosiers - BMO Financial Planner:

Shortcuts

Featured

Share

Category