YOUR CROSS-BORDER
FINANCIAL ADVISOR
We are dedicated to helping affluent families oversee their ongoing U.S., Canada and cross-border financial planning complexities.
YOUR CROSS-BORDER
FINANCIAL ADVISOR
We are dedicated to helping affluent families oversee their ongoing U.S., Canada and cross-border financial planning complexities.
Cardinal Point is a Canadian-U.S. wealth management company created to service the sophisticated needs of high net-worth families. Our financial advisors operate under the fiduciary standard and understand that your wealth, family, interests and values are all interconnected.
We are dedicated to providing investment management, financial, estate and tax planning solutions to residents of the U.S. and Canada, Americans moving to Canada, Canadians moving to the U.S. and Canadian and U.S. expats living abroad.
Cross-Border Wealth Services
Moving from Canada to the U.S.
Canadians living in the U.S.
Moving from the U.S. to Canada
U.S. citizens living in Canada
Canadian and U.S. Expats Living Abroad
For those Canadians and Americans moving or living abroad, careful cross-border financial planning considerations must be given to ensure tax and regulatory compliance in both your home and adopted countries.
FEATURED WHITE PAPERS
Manage Your Canada-U.S. Cross-Border Lifestyle
Whether you are transitioning residency between Canada and the U.S. or you have already made the move, it is important to understand the benefits of a cross-border financial plan. Learn how Cardinal Point can help when holding investment assets or financial interests in the U.S. or Canada.
U.S. TAX RESIDENTS: HOW TO NAVIGATE PFIC INVESTMENT RULES
U.S. taxpayers living in Canada or the U.S. can unknowingly employ investment strategies in their portfolios that have unfavorable U.S. tax implications. Learn which investment securities should be considered and avoided within your investment accounts.
FEATURED MEDIA
Podcast: Canada/US Cross-Border Planning Revisited with Terry Ritchie
Cardinal Point’s VP and partner Terry Ritchie joined host Jason Periera on his podcast to discuss recent developments around financial planning issues for Americans living in Canada and Canadians investing in the US.
Ebook: Lifetime Capital Gains Exemption & Qualified Small Business Corporation
The Lifetime Capital Gains Exemption (LCGE) is available to all Canadian residents and Americans living in Canada as a tax deduction on the sale of a Qualified Small Business Corporation (QSBC).
Ebook: Cross Border Implications of Holding 529 Plan
Many Canadians move for career opportunities to the U.S., work and raise families, and then plan to relocate back to Canada. A qualified tuition and educational savings plan for children (a 529 plan) is exempt from taxation in the U.S., in most cases …
OUR RECENT PUBLICATIONS
Dorchester Wealth Management to Join Cardinal Point, Focus Partners Canada
Focus Financial Partners Inc., an interdependent partnership of wealth management, business management, and related financial services firms, has announced that Focus network firm Dorchester Wealth Management, headquartered in Montreal, QC, has formally joined Toronto, ON-based Cardinal Point Capital Management ULC, a part of Cardinal Point, Focus Partners Canada, in a transaction that was completed on [...]
Moving from the U.S. to Canada – A Checklist of Financial, Tax, and Logistical Considerations
Relocating from the U.S. to Canada requires careful financial, tax, and logistical planning to avoid unexpected costs and compliance issues. This blog highlights key considerations, including securing the right immigration status, navigating customs regulations, and optimizing cross-border banking and investments. Learn how to handle tax residency, leverage foreign tax credits, and manage U.S.-based retirement accounts effectively. Explore real estate strategies, healthcare planning, and estate law differences to safeguard your assets. From establishing a Canadian credit history to ensuring proper insurance coverage, this checklist provides essential steps for a seamless transition. Planning ahead can minimize tax burdens and maximize financial efficiency.
Canadian Tax Planning: Understanding Deductions and Credits
Navigating the Canadian tax landscape is much simpler when you understand the difference between deductions (which reduce taxable income) and credits (which lower tax owed). If you’re a Canadian resident or a US citizen living in Canada, consider how RRSP or FHSA contributions can reduce your taxable income, while non-refundable and refundable tax credits can yield significant savings. Deductions for childcare, moving expenses, carrying charges, and employment costs also play a key role. For instance, by deducting daycare fees or home office expenses, you could lower your overall tax burden and potentially boost your refund. Meanwhile, non-refundable credits such as the Basic Personal Amount or Age Amount help shrink what you owe, and refundable credits like the CWB or GST/HST credit may generate a direct payment. Stay informed of annual limits, income thresholds, and eligibility requirements. For tailored guidance, consult a Cardinal Point financial advisor.