One of Canada’s top 50 wealthiest people, John McCall MacBain, provides insight into some of the basic financial strategies of a billionaire.


For most of us, owning a second home is appealing. You may believe that a second home can be a great place to vacation and retire, that you can earn some equity over time and that it’s a good deal because a property is a physical asset that can’t go away. However, is it likely that buying a second home will be a good financial move?