The U.S. election was held on Tuesday, November 6 and Donald Trump won the race for the presidency, defeating Vice President Kamala Harris to earn a second term in the White House. The Republican party also won the Senate and the U.S. House of Representatives. Equity markets reacted favourably to the news, with the Dow… Read More
After an aggressive rate hiking cycle in both Canada in the United States during 2022, inflation data showed that the rate hikes have been effective. After peaking in the ~9% range, inflation has come down significantly and the Bank of Canada announced recently that inflation is now back at it’s 2% mandated target. The Bank… Read More
On August 12th, the Department of Finance offered some additional relief to the bare trust reporting requirements. Many individuals who were captured by the original 2023 rules will now be exempt from filing. Specifically, any situation where parent and child are joint owners of a home or investment account is now exempt from filing. We… Read More
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