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

The U.S. dollar extended recent gains and rose to multi-year highs and global equities advanced on Wednesday after Republicans won control of both houses of Congress in the U.S Midterm Elections for the first time since 2006.


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?