We hope you and your family are well and have enjoyed the summer. Fall is now here, and the “new normal” continues as students head back to school, whether virtually or in person. Many of us continue to work from home. Globally, the number of COVID-19 cases surpassed 25 million in August as reported by […]

January 2020 Market Summary Top Themes Consumer debt in Canada and US: – 50% of Canadians $200 away from financial insolvency – average Canadian owes $1.72 for every dollar earned – Canadians owe $2.16 Trillion – highest debt load of G7 – 5.54% of consumers were 90 or more days past due on at least […]

Don’t miss out! The March 1st deadline is fast approaching! A Registered Retirement Savings plan is an important part of smart financial planning. Not only do RRSP contributions help you plan for your future, they also reduce how much you have to pay in income tax. Your annual RRSP contribution limit is 18% of the […]

December 2019 Market Summary • Growth in markets: TSX up 0.45%, S&P 500 up 0.58%, MSCI International Index up 0.80% in December • Market’s new highs in December: – TSX: 17,180 on Dec 24 – S&P 500: 3,247 on Dec 27 – Dow: 28,701 on Dec 27 • Stocks up in December due to: – […]

Written by: Brian Hay Investment Specialist & Financial Advisor CAPCORP Financial I’ve had some interesting financial planning meetings over the years; each one different and memorable. I often think back to one meeting, where my client was trying to determine that magic “number” that would lead to a comfortable and secure retirement. Let’s call this […]