Entries by T.E. Wealth

Encouraging signs

Market commentary for March 24, 2020 This will be an eventful week for markets as investors await U.S. Congressional approval of the $2 trillion economic stimulus package and a fresh set economic data will provide a first glimpse on the impact of COVID-19 on the U.S. economy. The U.S. Federal Reserve is doing its part […]

Deferral of tax deadlines

RE: Deferral of tax deadlines   In light of the unprecedented environment regarding the coronavirus (COVID-19), the CRA and Revenu Québec have deferred tax deadlines and remittance payments. Please see the chart below for details. 1 Other than specified investment flow-through trusts 2 Due date varies 3 Applies to residents of Quebec only   * Any amount that is due […]

Market Update March 17, 2020

It was another eventful weekend as the U.S. Federal Reserve, in an unscheduled meeting on Sunday, slashed interest rates by 100 basis points to bring rates close to zero and launched a fresh $700 billion quantitative easing (QE) program in its latest effort to support the U.S. economy from being crippled by the COVID-19 pandemic. […]

Message from CEO re COVID-19

RE: Message from CEO re COVID-19 In light of the unprecedented environment regarding the coronavirus (COVID-19), we are taking measures to ensure everyone’s safety. Although there are relatively few confirmed cases in Canada at this time, the number is expected to increase in the coming weeks. For this reason, we are avoiding in-person client meetings […]

Resumption of economic activity in China an important signpost

Global equity markets have declined sharply the past two weeks as investor anxiety has spiked over the COVID-19 outbreak across the world. As of this writing, both the S&P 500 Index and the S&P/TSX Composite Index are down more than 17% from the recent high reached on February 19, 2020. We’re also seeing extreme dislocations […]

The value of connection

In late September, our firm held its annual Wealth Management Conference. This year, it was titled, Energy Exchange: The Power of Relationships. With a focus on recognizing the value of client and colleague connections, the conference brought together about 70 of our firm’s national financial experts to expand their knowledge on a number of topics, […]

Where Canadian interest rates, China, and fintech are headed

While there’s no surefire way to make economic predictions, peering into the mind of Sébastien Mc Mahon might be the next best thing. In his position as senior portfolio manager, diversified funds and economist at Industrial Alliance Financial Group, Sébastien has written numerous articles on economic issues affecting Canadians. So we asked him to provide […]

Entering the housing market with help from the Bank of Mom and Dad

With prices continuing to rise and stricter rules governing mortgage qualifications, a growing number of first-time homebuyers are turning to the “bank of mom and dad” to get into the housing market. A survey conducted in December 2018 by financial website Finder.com found that 67% of Canadian parents help their children financially – with 20% […]