“As history has repeatedly proven, one trade tariff begets another, then another – until you’ve got a full-blown trade war. No one ever wins, and consumers always get screwed” – Mark McKinnon Bank of Canada Holds Key Rate Steady Citing “growing trade uncertainty”, the Bank of Canada announced they would hold rates steady on Wednesday…. Read More
The You First Blog
“Don’t tell me what you value, show me your budget, and I’ll tell you what you value” – Joe Biden Liberal Government Announces 2018 Federal Budget On Tuesday, the Liberals and Finance Minister Bill Morneau announced their 2018 Federal Budget, the third budget of their term. This budget is a bit of a mixed bag,… Read More
“If you want to reap financial blessings, you have to sow financially” – Joel Osteen 2017 RRSP Contribution Deadline – March 1, 2018 One final reminder for all those intending to contribute for the 2017 Tax Year. The last day to contribute is March 1st. Note On Wednesday’s NDP Budget Recap article, it was initially… 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