“Globalization and free trade do spur economic growth, and they lead to lower prices on many goods” – Robert Reich Please note that starting next week until the end of April, our weekly update will simply consist of the weekly and year-to-date market numbers. Stock Markets Drop on Tariff Worries Sabre-rattling between the United States… Read More
The You First Blog
“The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing” – Jean-Baptiste Colbert Continued Political Turmoil in the White House – and Abroad – Tempers Markets President Trump’s softening tariff stances – offering exemptions for Canada and Mexico – have led… Read More
“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
“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
“I am proud to be paying taxes in the United States. The only thing is I could be just as proud for half of the money” – Arthur Godfrey TSX Rises for 6th Straight Week The Toronto Stock Exchange’s S&P/TSX composite index rose by 39.22 points (0.25%) on the day to close at 15,857.22. This… Read More
“Try not to become a (wo)man of success. Rather become a (wo)man of value” – Albert Einstein TSX Hits 7-1/2-Month High on Rising Commodity Prices The Toronto Stock Exchange’s S&P/TSX composite index rose by 64.97 points (0.41%) on the day to close at 15,807.17. This represents a gain of 78.85 points (0.50%) over last week’s… Read More