GIC rates have risen from ~1% at the start of the year to ~4% today. While there are many good reasons to own GICs, there are other important considerations to keep in mind before you assume this is a free lunch.
Our investment team looks at the state of the markets and what a potential recession could look like against the backdrop of the current inflationary environment.
Have you designated a Trusted Contact Person? In situations like where your advisor suspects you may be a victim of cybercrime or has reason to believe an aging-related health issue may be impacting your decision-making ability, this added layer of security can be a benefit to your financial well being.
Going into 2022, many observers (including us) had a positive view on the economy and markets in general. This was predicated on a receding pandemic – which appears to be playing out. On today’s economic horizon, a different view emerges.
Given that we’ve seen interest rates fall to historical lows, and there’s talk now about higher rates in the future, the window of maximum opportunity may be closing.
What can business owners do to get money out of their corporation in a tax-efficient or tax-free way? In this blog, we look into the three key features of the Corporate Estate Bond strategy and why it could be an attractive option for business owners.
We found that despite strong year-end results, 2021 was full of surprises. Although 2022 may not bring us fully back to normal, we think it will be another big step towards normalcy, which is positive for the economic outlook.
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.