2018 BC PROVINCIAL BUDGET ANNOUNCED Finance Minister Carole James announced the BC NDP Government’s budget yesterday and delivered on a wide variety of promises from its election platform. The key initiatives were centered around housing speculation. The provincial government released a 30-point plan addressing housing affordability in the province. Highlights from the plan include: •… Read More
“The Stock Market is a device for transferring money from the impatient to the patient” – Warren Buffett North American Major Markets Recover This week saw North America’s main stock indexes recover from last week’s nine per cent loss. The Dow Jones Industrial Average (DJIA) rose by 1,028 points this week to finish at 25,219…. Read More
“Volatility is far from synonymous with risk” – Warren Buffett Volatility Returns to the Markets U.S. markets took a beating this week, as a rise in bond yields and inflation fears led to historic drops for the Dow Jones index on Monday and Thursday. Since last Friday, the daily return of the DOW has been:… Read More
“There is a very easy way to return from a casino with a small fortune: go there with a large one” – Jack Yelton TSX Down for the Week The Toronto Stock Exchange’s S&P/TSX composite index rose on Friday by 35.21 points (0.22 per cent) and finished at 16,239.22. The financials sector was the lone… Read More
As we enter 2018, we would like to provide you with an overview of financial market results from the past 12 months, and to offer insights into some of the investment themes that may influence your investment portfolio over the coming year. Several inquiries have come in concerning the current valuations of markets, where we… Read More