The heatwave that Canadians recently experienced is somewhat of a precursor to what’s shaping up to be a scorcher of a summer from an economic standpoint. With 67% of Canadians having received at least one dose of the vaccine and provinces lifting even more restrictions, this will unleash many economic catalysts that we’re looking forward to.
Though recent lockdown measures have come into effect across Canada, we view this as merely a detour on the gradual return to normal. Our Quarterly Outlook Commentary reflects this sense of optimism as we gain a greater understanding of what the new normal will look like — and when it may arrive.
In the first commentary of the year, we discuss key developments that will be influencing the markets around the globe in 2021.
We discuss some reasons why we believe the luxury goods sector is, and will continue to be, important for investors, despite impacts of COVID-19 or the U.S. election.
Canadian banks have been stellar performers over the last 14 years, however, some factors are working against the banks, which we believe will negatively impact the banks' performance and create volatility for this investment in 2017 and beyond.
With the TSX being the second best performing market this year and the recovery in commodity-oriented sectors in Canada coming quicker than expected, we are seeing opportunities in non-commodity sectors that have largely been ignored by the market due to investors focusing on the rally in commodity stocks.
For years the energy sector offered the best of all worlds, stocks and dividends were both going up on the merits of rising commodity prices. Unfortunately the downturn in commodity prices have had adverse effects on not only the share prices, but the income reliability as well. As investors turn to their portfolios for income, we discuss why dividends are an important attribute of any investment.
With any new government, the introduction of new legislations may come as a bit of a surprise, especially in the case of tax laws. While incorporating tax efficiencies should always be considered, the upcoming rates only amplify the importance of planning for high-income earners. In order to effectively navigate the waters, we provide several tax-saving strategies for your consideration.
Today marks Election Day here in Canada – a day that many of us have been anticipating for the last couple of months. Over the past year, Canada has experienced a fair share of new challenges and obstacles in both political and economic environments. Although the future of our leader is uncertain, it is clear that we, as Canadians, will be a part of massive change. CWB McLean & Partners remains 100% committed to navigating the waves of volatility, and despite change, we are steadfast to serving our client’s best interests.
Alberta's climate change regulatory system, which was due to expire at the end of June, 2015, was extended to 2017, as an interim measure by the newly-elected NDP government.