Estate planning is an essential element of financial management. A proper estate plan will ensure that your property, finances, and personal wishes are handled in a way that provides for your loved ones while minimizing taxes, legal disputes, and administrative delays. This guide will provide an overview of key estate planning strategies to help you… Read More
It’s been a nice couple of years since the 2022 market correction. The S&P 500 (one of the US Indexes) bottomed out at 3,585 in October 2022 and sits at 5,684 as of October 3, 2024. Once again, markets have rewarded investors with a long-term mindset and who do not sell their investments in the… Read More
In our September 2023 newsletter, one of our articles talked about the new FHSA account, which was created to help people save for their first home. By now, most of the major details are well-known: You can contribute $8,000 a year to the FHSA You can contribute $40,000 lifetime to the FHSA Contributions are tax-deductible… Read More
On Wednesday June 5th, Bank of Canada Governor Tiff Macklem announced a policy rate reduction of 25 basis points to 4.75%, down from 5.00%. In the announcement, Macklem cited easing inflation (April 2024 CPI at 2.7% y/y), core inflation measures slowing, and lower-than-expected first quarter GDP growth. BoC’s three-month measures suggest continued downward momentum. Macklem… Read More
Stock markets have provided healthy returns in the first five months of 2024, reaching new all-time highs led by U.S. and Japanese stocks. U.S. firms have delivered strong earnings, reflecting a resilient economy. Although positive for investors, the pace of these rallies and the rising valuations are cause for caution, and could lead to near-term… Read More