DO YOU OWN GOLD? CENTRAL BANKS DO!
02 Oct 2025For the first time in over three decades, foreign central banks own more gold than U.S. Treasury bonds as a percentage of their reserves. What does mean for the U.S. dollar’s privileged position as global reserve currency?
THE FUTURE OF WEALTH MANAGEMENT: OPEN BANKING OPPORTUNITIES FOR OUR CLIENTS
14 Jul 2025SANDSTONE’s portfolio manager and partner Niki Dunne recently attended the Toronto Open Banking Expo, where 600+ industry leaders, regulators, and innovators gathered to discuss the current state and future of open banking in Canada.
“ONE BIG BEAUTIFUL BILL” COULD TRIGGER MAJOR CHANGES IN CROSS-BORDER TAXATION
03 Jun 2025As the U.S. continues to grapple with fiscal pressures, the Trump administration’s sweeping tax and spending package, dubbed the “One Big Beautiful Bill Act,” has cleared the House of Representatives and now faces Senate scrutiny. Among the most consequential measures for Canadians: a new excise tax on outbound money transfers by non-citizens and a sharp increase in tax on U.S.-source income.
RRIF 25% MINIMUM REDUCTION ON THE TABLE: WHY WAITING TO WITHDRAW COULD BE A SMART MOVE
05 May 2025In the lead-up to the federal election — and amid market volatility driven by ongoing trade tensions — the Liberal government proposed a temporary 25% reduction in the minimum required withdrawals from Registered Retirement Income Funds (RRIFs) for one year.
DON'T LOOK BACK; YOU'RE NOT GOING THAT WAY
11 Apr 2025Equity markets are riding a rollercoaster of volatility, but what stood out even more this week (other than the unpredictable behaviour of Trump) was the interesting reaction of the U.S. Treasury market and dollar. Long-term Treasury prices declined, pushing yields higher, even in the face of instability that would traditionally send investors rushing into U.S. government debt. More instructive was the weakened greenback.
MARKET COMMENTARY: TARIFFS TURMOIL
08 Apr 2025Given the recent tariff-driven market mayhem, we wanted to take a moment to share our take on what's happening, how we're positioned, and where we’re headed. For years, we've been discussing the structural changes unfolding in global markets at OUTLOOK. What we’re saying now is simply a continuation.