Panorama Advisory Group

Preparing the next generation for leadership is essential to the long-term success of a family business. A structured mentorship approach can help transfer knowledge, strengthen relationships and build the skills future leaders need to thrive.

This article explores four mentorship models and practical steps families can take to formalize the development process and support a successful transition.

Mentorship models in family enterprises: formalizing knowledge transfer Developing the next generation is vital for family businesses to ensure continuity and a smooth transition. However, effective development may not happen naturally for a family enterprise. Putting a formal and structured development plan in place can help better prepare the next generation for their...

Despite lingering geopolitical uncertainty, we believe the economic backdrop remains constructive and supportive of further corporate profit expansion. However, the margin for error has narrowed as the tailwinds that once supported asset prices—namely falling interest rates, ample liquidity, and accommodative policy—are less abundant today. This is not to say that markets cannot continue to generate healthy gains, but rather that the environment has become less forgiving and demands greater precision.

Read the latest market news from Scotia Wealth Management - it’s on our website now.

Here’s what we’re thinking A concise summary of major market events, their impact on financial markets, and implications for investment strategy.

Research consistently shows that when wealth transitions fail it is often not because of poor financial planning but at times due to breakdowns in family communication, unclear expectations and lack of preparedness among the next generation.

Read more about how to bridge generational communication gaps in family business & wealth transition: https://gracevidalribas.ca/bridging-generational-communication-gaps-in-family-business-wealth-transition/

For business owners approaching retirement, the sale of a business can trigger significant tax consequences. This article illustrates how strategic planning can turn that liability into an opportunity — preserving capital, creating a lasting family legacy, and fulfilling philanthropic goals.

Transferring your business to the next generation Beyond financial value, your family business represents years of sacrifice, identity and legacy. Transferring a business to your adult children could be one of the most meaningful, yet complex, decisions you will make. When handled well, succession could strengthen both the enterprise and family rel...

Over the past several decades, women in Canada have increased their financial influence through higher workplace participation, greater representation in leadership roles, and growing levels of business ownership, making proactive legacy planning increasingly important.

No matter your age, marital status or whether you have children, here are some key reasons women may want to prioritize estate and legacy planning.

Legacy planning considerations for women Over the past several decades, women in Canada have increased their financial influence through higher workplace participation, greater representation in leadership roles, and growing levels of business ownership, making proactive legacy planning increasingly important.

Canadian equities were steadier early in the week, with energy exposure helping cushion the broader risk-off tone, but softer commodity prices and rising domestic yields became headwinds. A much stronger labour-market report reinforced expectations that the Bank of Canada (BoC) could hike later this year, even as recent GDP weakness showed the economy had slipped into a technical recession.

The latest market news from Scotia Wealth Management has been posted to our blog page.

Market Watch This week’s highlights Equity rally falters as investors weigh tighter policy conditions Strong labour data drives a late-week rates selloff Strong Canadian jobs data reinforce rate hike expectations Markets revisit expectations for Fed’s policy rate after U.S. labour data release Eurozone infla...

The death of a shareholder triggers more than an inheritance question. Control, voting rights, and share restrictions all come into play — and your corporate records matter more than you might think. This article outlines what to consider.

What happens when a shareholder of a private corporation dies? When a shareholder of a private corporation dies, there’s more to consider than simply who inherits the shares and what taxes are payable.

Research consistently shows that when wealth transitions fail it is often not because of poor financial planning but at times due to breakdowns in family communication, unclear expectations, and lack of preparedness among the next generation.

This article highlights key principles that may help you in bridging apparent communication gaps as you seek to lay a strong foundation of long-term family wealth.

Bridging generational communication gaps in family business & wealth transition Effective communication across generations is one of the most important—and often overlooked—factors in successful family wealth transition. While families invest significant time and resources into tax strategies, legal structures and investment planning, many underestimate the impact of commun...

We kicked off our first chuckwagon race of the season!

There is something special about the start of a new season—the excitement, the anticipation, and the opportunity to come together as a team. This weekend was not only about racing; it was about building relationships, strengthening our chuckwagon team, and creating memorable experiences both on and off the track.

We were thrilled to welcome so many outstanding guests to our VIP experience. Thank you to everyone who joined us, shared in the excitement, and helped make the event a success. Your support and enthusiasm contribute greatly to what makes chuckwagon racing such a unique and rewarding sport.

The season is just getting started, and we’re looking forward to many more races, great competition, and opportunities to connect with our community along the way.

Canadian sovereigns yields were nudged lower by a softer-than expected Canadian GDP report with the Canadian fixed income market now pricing no change in the Bank of Canada’s monetary policy rate until October with possible one hike (25 bps.) in December.

The latest market news from Scotia Wealth Management has been posted to our blog page.

Market Watch This week’s highlights Strong earnings season drives returns as markets await geopolitical clarity Optimistic geopolitical headlines drive modest decline in yields Canada’s economy unexpectedly contracted for a second straight quarter U.S. data highlights softer growth alongside persistent infla...