Advancing advisor relationships: CMG appoints Jay McConnell as Manager of Advisor Services

Creaghan McConnell Gould is pleased to announce Jay McConnell’s appointment as Manager of Advisor Services, effective August 6th, 2024. Jay comes to CMG after over six-and-a-half years at PwC Canada. His most recent role was as a Manager in the Private Wealth tax group, supporting high-net-worth Canadians and their families with a range of complex advisory needs including tax and estate planning, tax audits, and tax compliance…

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…

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…