The Arnault Family: Mixing family and non-family for the long game

To family businesses worldwide, LVMH may be considered the quintessential example of a well-oiled family operation. As more Arnault family members move into positions of power, the Board’s makeup begs the question: Is there such a thing as too much or too little family within a family business?…

Matt Mammola joins CMG to guide families through complex estate, tax, and succession planning

Creaghan McConnell Gould is pleased to announce Matt Mammola’s appointment as a Family Capital Advisor, effective August 6th, 2024.
Matt joins CMG after a twenty-year career at Ernst & Young (EY), where he was a Tax Partner. He has extensive experience providing tax planning and advisory services for Canadian entrepreneurs and business families…

Today, we become Creaghan McConnell Gould.

We’re delighted to announce that our company’s official name is changing to Creaghan McConnell Gould, effective Sept. 6, 2024. This change reflects the commitment of our owners – Peter Creaghan, Marty McConnell and Bob Gould – to build a 3rd generation business in serving and supporting Canada’s business families.

The “Long Tail” on the Capital Gains Increase and its Impact on Business Families

Much has been discussed on the impact of the recent increase to the capital gains inclusion rate, from 50% to 66.6%, effective June 25, 2024.  The federal government shared that it designed the increase to extract more tax revenue from ultra-high-net-worth Canadians to pay for its various spending priorities…

The Robinson Family: <br> A Blindsided Inheritance Arrangement

Dick Robinson died unexpectedly in 2021 while still leading the family business. Dick hadn’t left the century-old company to either of his sons, Ben or Reece, as his father had left it to him. Instead, Dick’s will left Scholastic, and all of his personal possessions, in the control of Iole Lucchese, Scholastic’s Chief Strategy Officer…