Steele Wealth Management of Raymond James

09/04/2026

As summer draws to a close, we wish you a safe and memorable Labour Day long weekend filled with rest, connection, and time spent doing what matters most. From all of us at Steele Wealth Management, enjoy the weekend!

08/21/2026

For U.S. citizens living in Canada, buying a home is more than a real estate decision. It can have significant cross-border tax implications that may not surface until decades later when the property is sold. While Canada's principal residence exemption may eliminate Canadian tax on the sale, the IRS may still assess tax on a portion of the gain, making ownership structure and tax planning critical from day one.

Before purchasing property in Canada, it's essential to understand how Canadian and U.S. tax rules interact, and how decisions made at the time of purchase can impact future capital gains, estate planning, and wealth transfer strategies. A little planning today can help avoid costly surprises tomorrow.

moneysense.ca

08/14/2026

Turn your goals into tangible numbers with a financial plan.

A well-crafted financial plan is the foundation for your total wealth management strategy.

Learn about the key benefits of a financial plan here: https://www.raymondjames.ca/commentary-and-insights/life%20events-lifestyle-and-technology/2025/03/14/financial-planning-with-total-wealth-solutions

07/31/2026

From all of us at Steele Wealth Management, we wish you a happy and relaxing Civic Holiday long weekend. Enjoy and stay safe! ☀️🍁

07/03/2026

Have you planned for the financial impact of cognitive decline?

As Canadians continue to enjoy longer life expectancies, a growing number of families are facing an important planning consideration: the cost of cognitive care. According to Statistics Canada, approximately 771,939 Canadians were living with dementia in 2025, and that number is projected to approach 1 million by 2031.

The financial implications can be substantial. Cognitive care may be provided at home, in a retirement residence, or in a long-term care setting, with costs ranging from approximately $60,000 annually for part-time home care to over $300,000 per year for full-time support. Retirement residence fees can range from roughly $4,500 to $9,000 per month, depending on the level of care required.

While these conversations can be challenging, planning ahead can make a meaningful difference. Understanding potential care needs, discussing decision-making responsibilities, and incorporating future healthcare costs into a financial plan can help families navigate life's later stages with greater confidence.

A comprehensive financial plan isn't just about preserving wealth, it's about preparing for the realities that may come with a longer life.

Read more: https://www.raymondjames.ca/commentary-and-insights/2026/06/30/the-cost-of-cognitive-care-in-canada

07/01/2026

Happy Canada Day!

Wishing everyone a day filled with family, friends, and appreciation for the beautiful country we call home.

06/25/2026

As your life evolves, through changes in income, family, and goal, so to should your insurance coverage.

This National Insurance Awareness Day is a timely reminder to review your coverage and make sure it align with your needs.

Start here: https://tinyurl.com/2cjajhyx

06/21/2026

From all of us at Steele Wealth Management, we wish a Happy Father's Day to the fathers and father figures who inspire, support, and lead every day.
Thank you for everything you do.

06/15/2026

These 10 common scams catch people off guard. Here's how you can stay one step ahead of them.

raymondjames.ca

06/10/2026

Is Canada's "technical recession" already behind us?
Recent economic data suggests Canada may have briefly dipped into a technical recession—but the outlook for the rest of 2026 is improving.
As we move through the year, key indicators point to:
• Stabilizing economic activity
• Easing inflation pressures
• Potential for stronger growth in the second half
While short-term volatility can create uncertainty, it can also present opportunities for long-term investors who stay disciplined and focused on their plan.
We're continuing to monitor how these trends may impact portfolios, interest rates, and broader market conditions.
📩 If you'd like a copy of our latest Insights & Strategies report, feel free to reach out.

raymondjames.ca