Views from the Equity Income Team Jason Gibbs, Vice President & Portfolio Manager Reprinted with permission from Dynamic Funds There was a quote in the Wall Street Journal recently that really caught my eye. It was from a wealth management executive who said a financial advisor’s role “is kind of like becoming a psychologist.” So… Read more »
General News
Hey Equities…“Yuan-na” go for a ride?
BMO Global Asset Management – Market Commentary Reposted with permission BMO It was a tough week for global equities, with the MSCI World Index (local currencies) falling 7.2% following the three days of yuan devaluation which saw a roughly 3% weakening of the Chinese currency vs the U.S. dollar. This was taken as a double… Read more »
Indiscriminate selling continues to hit markets
Report prepared by Robert Marck, CFA, MBA, CPA, CMA Posted with permission TD Wealth North American equity markets plunged at the open by more than 2% as the selloff on Bay Street and Wall Street continued from last week. Concerns over China’s growth slowing and a potential global slowdown continued to weigh on markets. Earlier… Read more »
Donate life insurance, save tax
BY David Wm. Brown May 2, 2014 If you’ve been giving less to charity recently, you’re part of a trend. Statistics Canada reports Canadian charitable donations fell 1.9% to $8.3 billion in 2012. And the number of Canadians giving in 2012 slipped 1.4% to 5.6 million. But there are reasons to give. Charitable aspirations can be tax-efficient. And,… Read more »
Insure your stay-at-home spouse
BY Golda Brown July 4, 2014 Insuring your stay-at-home spouse can seem like a waste of money because he or she doesn’t earn a paycheque that would be lost if tragedy struck. Yet, if they died, you would be left scrambling to cover funeral and other costs during a time of grieving. Your stay-at-home spouse… Read more »
Current Perspectives – Greek Update
There has been a lot of media “noise” regarding the situation in Greece and how this may affect investors. We are continuing to monitor developments with the asset managers and will continue to post relevant information as the situation unfolds. This article from TD provides additional feedback and is consistent with our opinion on the… Read more »
2015 Federal Budget: A Balance in Hand is Worth Two in the Bush
This report is provided by TD Economics. reprinted with permission Highlights • Oil prices have dominated the headlines throughout the 2015 budget season. And with national income growth expected to be soft in the near term, the coffers of federal government were not able to escape without a few scratches. • Despite this setback, the… Read more »
2015 Budget Bulletin
The 2015 Federal Budget was the first for Finance Minister Joe Oliver, and it tabled a number of proposals that will impact the financial, tax and estate plans of Canadians. The following is a summary of the most relevant budget proposals that may impact financial advisors and their clients. Federal Tax Rates There are no… Read more »
2015 Budget Analysis
2015 FEDERAL BUDGET Jamie Golombek, CPA, CA, CFP, CLU, TEP Managing Director, Tax & Estate Planning, CIBC Wealth Advisory Services Reprinted with permission from Renaissance Investments The April 21, 2015 federal budget (Budget) included a number of tax measures that will impact individuals and small business owners. As per the government assurance that this would… Read more »
Mortgages or Margaritas: Is paying down debt putting your retirement at risk?
The following commentary is courtesy of Renaissance Investments Jamie Golombek, CPA, CA, CFP, CLU, TEP , Managing Director, Tax & Estate Planning, CIBC Wealth Advisory Services The first two months of the year are known as “RRSP season” since the contributions you make to your RRSP up until March 2, 2015 allow you to claim a tax… Read more »