April 2025 MWFS Newsletter

 

Hello!

In this issue, we explore the following topics:

  • Should you Stay Invested During Market Drops?

  • Diversifying in Uncertain Times

  • Accident Insurance Basics

  • Personalized Tax Help

  • You Questions Answered: Making the Most of Your Tax Refund

  • Travel Insurance Tips

 

Celebrating 50 Years

of Serving You!

This month marks a special milestone for Macnaughton & Ward Financial Services—our 50th anniversary! Since 1975, we’ve been proud to help individuals and families achieve financial security and peace of mind. Thank you for your continued trust and support over the decades. We look forward to guiding you through the next 50 years with the same dedication and care.

 

A Fresh Start This Spring

Spring has officially sprung — tulips, daffodils, cherry blossoms and all! With these signs of renewal around us, it’s a great time to look at your finances with fresh eyes.

 

In this month’s edition, we provide valuable insights to help you and your loved ones make confident financial decisions this season and beyond.

 

Have a topic you’d like us to cover in our May 2025 edition?
Email us! — we welcome your input and always appreciate your support!

 

 

 

Should You Stay Invested During Market Drops?

Recent headlines about new tariffs and trade tensions are sparking market volatility and investor concerns. In light of news on U.S. tariffs and retaliation tariffs from China this morning, included is “Liberation Day: Keeping our Eyes on the Ball” commentary from iA Financial’s Global Asset Management team. While these developments can cause short-term corrections, it’s important to remember that markets often react sharply before stabilizing. During times like these, it’s natural to ask: Should I stay invested?

 

A recent SunLife article “Does it pay to stay invested when markets fall?” reminds us of the value of staying calm and sticking to long-term financial goals. While market downturns or corrections can be unnerving, making sudden changes often leads to missed recovery opportunities. 

 

Talk to your Account Manager to review your investment strategy and ensure your portfolio is built to weather uncertainty.

 
 
Learn More
 

Diversifying in Uncertain Times

Staying invested is important—but is your portfolio positioned for resilience?

 

Canada Life’s March 2025 article emphasizes the importance of global diversification: “Diversifying during uncertain times”.  Broadening your investments beyond Canadian borders can provide downside protection and new growth opportunities.

 

Ask us about strategies to improve your portfolio’s diversification.

 
 
Learn More
 
 

Accident Insurance: A Smart Safety Net

With warmer weather calling us outdoors, accidents can happen when we least expect them.

 

Have you considered accident insurance? For as little as $7 per month, this coverage can provide financial support in the event of an injury, learn more by viewing the link: Accident Insurance | iA Financial Group

 

Let’s talk about how accident insurance could fit into your protection plan.

 
 
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Taxes Made Easy

Tax season can feel overwhelming—but with the right support, it doesn’t have to be. In addition to our personalized in-office tax services, we also offer convenient digital tax preparation to fit your schedule and preferences.

 

For a quick overview of this year’s tax landscape, we recommend Beneva’s helpful guide: Taxes Made Easy | Beneva

 

Whether you're looking to maximize deductions, plan ahead for next year, or file from the comfort of home, our Account Managers are here to help.

 

Prefer to file digitally? Simply contact us to request a secure email with instructions to get started with our digital tax preparation services — quick, easy, and designed for your convenience.

 
 
Learn More
 
 
 
 

Did You Know? You May Be Eligible for the Disability Tax Credit (DTC)

The Disability Tax Credit is a valuable federal benefit that helps reduce the income tax burden for individuals living with a disability or supporting someone who is. Despite its importance, it remains underused—only one in four eligible Canadians have applied. If you or a loved one are living with a physical or mental impairment, you may qualify.  A DTC certificate can also unlock access to other programs, such as the Registered Disability Savings Plan (RDSP) and the upcoming Canada Disability Benefit.

 

If you think you may be eligible, contact your MWFS Account Manager—we’re here to help you understand the process and explore your options.

 
 

  • To set up your Client Online Access, please send us an email at: service@mwfs.ca, or call Lorena at: (604) 581-9121, and we will coordinate setting you up.

  • Annual investment statements issued by the insurance companies will be available after January 15th on the respective manufacturer’s platforms, for their login particulars click here;

  • All efforts are made to provide consolidated fixed income holdings reports within the first five business days of the month, reports can be found in the icon/app labeled Documents.

 
 
 

Your Questions Answered

Q: I expect to get a sizeable refund on my 2024 income taxes. What should I do with it?

 

A:  Great question! Applying your refund to an RRSP, TFSA, or FHSA is a powerful way to get a head start on your 2025 financial goals. Not only can this boost your savings, it can also provide tax advantages.

 

That said, life is for living! If you’re planning a vacation or a major purchase, we’ll help you balance enjoying today with securing tomorrow.

 

Book a session with your MWFS Account Manager to explore what’s right for you.

 

 

Travel Plans? Dont Forget Insurance!

Heading out on a spring or summer getaway? Travel insurance is a must—especially when the unexpected happens.  We offer travel insurance coverage through a selection of trusted providers, including Allianz Global Assistance, TuGo, and Manulife Insurance — giving you access to competitive options tailored to your travel needs.

  • Already have health and dental coverage? You might have some travel protection built in—but it may need a top-up.

  • Don’t have a plan? We can help you find the right one.

 

Travel | MWFS

Why Buy Travel Medical Insurance |MWFS
Understanding Health and Dental Plans| MWFS

 

 
 

Love Working With Us? Tell a Friend!

At Macnaughton & Ward Financial Services, we believe that great service is worth sharing. If you’ve had a positive experience with us, we’d be honoured if you’d consider referring a friend, family member, or colleague who could benefit from trusted financial guidance. Whether it's help with investments, insurance, or taxplanning — we’re here to help them too. To refer someone, simply have them mention your name when they reach out, or contact your Account Manager directly. Your trust and support mean the world to us — thank you!

 

We’re Here to Guide You

At Macnaughton & Ward Financial Services, we take pride in helping you navigate your financial journey with confidence. Whether you’re planning for retirement, protecting your family, or optimizing your tax strategy, we’re just a phone call or email away. Here’s to a season of growth, renewal, and smart financial choices. Wishing you a successful spring — and if you're heading off on a trip, bon voyage!

 

 

 

Macnaughton & Ward Financial Services Ltd.

Contact Us

Tel. 604 581 9121  

Toll Free. 1 800 397 0115

 

 

 

Visiting Us? Reserve Your Parking in Advance

 

Planning to drop by our office? We’re happy to offer complimentary parking for your visit—no need to pay at the meter.

 

Simply call us at 604-581-9121 before you leave home to reserve your space. Provide your license plate number, and we’ll register it with Impark for the duration of your appointment.

 

It’s quick, easy, and ensures a stress-free visit. We look forward to seeing you!

 

 

 

Macnaughton and Ward Financial Services Ltd. (“MWFS”) is an Independent Insurance Agent/Agency representing Canadian financial institutions and life insurance companies. Our distinguished partners have a comprehensive range of insurance and financial products, strengths and benefits to best suit the needs of customers. With advice and guidance from your MWFS Account Manager, you can be confident in achieving lifetime financial security.