Market Review for Year-End 2017

January 11, 2018

Market Review for Year-End 2017

The Positive Momentum for Global Markets

As the yearly returns can attest this year has been something rarely seen, SIMULTANEOUS GLOBAL GROWTH.  The economic numbers from around the world have been steady as the result of monetary stimulus taking hold and elevating the markets.  Not surprisingly, equities have been the place to be, because with new money being pushed into the market (quantitative easing) and zero or negative interest rates (guaranteed losing return); where else could you get a return on your investment?

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Market Review for 1st Half of 2017

July 7, 2017

Market Review for 1st Half of 2017

The Positive Momentum for Global Markets

With Dutch and recent French elections going according to plan and Donald Trump firing the FBI director for investigating his dealings with Russia, it’s hard to sometimes remind ourselves that the global economy matters more than politics. The health of the US economy and earnings matter more than the recent political woes and the Federal Reserve’s constant spotlight.

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Market Review for March 2017

April 9, 2017

Market Review for March 2017

The market goes on spring break!

We decided to combine February and March in this issue as there weren’t as many headlines in February to discuss. March was a less impressive month compared to a fantastic February. In February the global economy rebounded with China leading the way. In March, we received mixed results from major economies with the exception of Germany and Hong Kong realising strong economic results.

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2017 Federal Budget

March 23, 2017

2017 Federal Budget

Who are the Winners and Losers?

The Liberal government delivered its second fiscal budget after the market closed on Wednesday. Here is a simplified list of who are the winners and losers from its plan:

Winners

  • Investors: Speculation for the past several weeks suggested that an increase in the capital gains inclusion tax from 50% to 66% or 75% was a possibility. No changed were made. In addition, the government has eliminated Canada Savings Bonds.
  • Cities: $11 billion of previously committed infrastructure for affordable housing was announced.

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RRSP Deadline 2017

February 16, 2017

RRSP Deadline Fast Approaching!!!

Tax Deduction Time

This is a friendly reminder that RRSP deadline is fast approaching as the final date is March 1st, 2017.

Important Points:

1) Contributions towards RRSP’s deduct from your taxable income.

2) Any taxes you would have paid on your taxable income between the original and new adjusted amount would be a refund pending no other taxable events occur.

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