We have updates for you on the BC Recovery Benefit, as well as the Canada Emergency Business Account (CEBA). BC Recovery Benefit Yesterday, the BC Government issued a release to clarify details surrounding the BC Recovery Benefit. Beginning December 18, 2020, British Columbians will be able to apply for the BC Recovery Benefit. Eligibility criteria… Read More
The You First Blog
For investors, it was a November to remember. The Dow Jones Industrial Average (DJIA), closed November with an 11.8% gain. This was the best November result for the Dow Jones since 1928 and the best single month for the index since January 1987. The Dow Jones also closed above the 30,000-point barrier for the first… Read More
Commentary from Myles Zyblock, Chief Investment Strategist, Dynamic Funds Yesterday, Dynamic Funds’ Chief Investment Strategist, Myles Zyblock, offered his thoughts on the Q3 Earnings results. Earnings Rocket Past Expectations Third quarter reporting season is effectively complete with filings from nearly 95% of S&P 500 constituents now in the books. Expectations were surpassed across the entire… Read More
Most major market indexes rallied through the course of the week both in anticipation of, and following, the U.S. Election. The final voting day was Tuesday November 3rd. The first to reach 270 Electoral Votes will be the presumptive winner. Virtually all major news outlets give Biden the current lead in the “Race to 270”,… Read More
Myles Zyblock, Dynamic Funds’ Chief Investment Strategist, offered the following insights around the U.S. economy this week: U.S. Economy: Q3 GDP and Beyond The world’s largest economy is in recovery mode. U.S. consumer spending has made an impressive comeback, manufacturing activity has firmed, and the stabilization in international markets is supporting trade. The second-quarter GDP… Read More
On Wednesday, Members of Parliament voted on a Conservative motion intended to create a special committee to probe the government’s ethics and its spending through the pandemic. Prime Minister Trudeau countered with his own proposal for a more narrowly-mandated ethics committee into the government’s COVID-19 spending only; however, he also stated on Tuesday that Canadians… Read More