CEO says listing common shares on the NYSE “makes sense,” given CI’s rapid growth in the U.S.
As of Jan. 1, 2020, OHIP no longer covers most out-of-country medical emergencies
Many clients are choosing to retire to other countries - lured by a comfortable climate and scenic views or a desire to return to their homeland. You can provide information and advice to help these clients navigate the many necessary decisions
Update includes references to state statures
The card will hold balances in multiple currencies making it useful for business travellers, snowbirds and expats
For clients who will be away for extended periods, there are several issues they should consider, such as U.S. tax laws, travel insurance and home security
Snowbirds should prepare a statement for their financial services firms clarifying they're not U.S. residents
Canadian clients who spend significant amounts of time outside the country every year risk losing their health benefits, as well as possibly facing negative tax consequences
Clients who winter in the warmer U.S. states need to be aware of several important requirements in order to remain on the right side of U.S. and Canadian authorities. Owners of foreign property will have to take extra precautions
Terry Ritchie, director of Cross-Border Wealth Services with Cardinal Point Wealth Management, explains why it's important for snowbirds to keep count of their days in the U.S., particularly now that Canada and the U.S. are sharing more travel information on each other's citizens.