H&M Financial Blog

Bank of Canada Raises Interest Rates for the first time in seven years

The Bank of Canada’s first interest-rate hike in seven years has set in motion a complex unwinding of a near-decade-long era of easy money. To read the complete article click here.

Interview with Vito Maida, Portfolio Manager VPI Foreign Equity Pool

Summer 2017 update VPI Foreign Equity Pool “Falling prices are the friend of long-term investors.  If people don’t feel uncomfortable then I’m probably not doing my job.” Please read the complete interview click here  

Is the Bank of Canada finally signalling an interest rate hike?

Stephen Poloz speaks out on interest rate hike The Canadian dollar extended gains and investors ramped up bets of a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated the central bank may be considering higher interest rates. The nation’s currency jumped 0.7 percent to C$1.3103 per U.S. dollar… Read more »

Canada’s big banks admit they overcharged customers – what went wrong?

RBC latest bank to get slapped with a multi-million dollar penalty for overcharging clients On Tuesday, Royal Bank was the last of Canada’s five big banks to get slapped with a multi-million dollar penalty for charging customers excess fees for investment products like mutual funds.  In some cases clients were unknowingly overcharged for more than… Read more »

VPI Canadian Equity Pool Newsletter

To read the complete VPI newsletter, please click on the link below: VPI Canadian Equity Pool Newsletter – May 2017 What You Own – Canadian Utilities – The longest track record of annual dividend increases of any Canadian publicly traded company.  With $5 billion in expected future investment from 2017 to 2019 in natural gas and electricity distribution and… Read more »