Following a difficult month of April, due to tariff induced panic, the S&P500 recovered nicely in May, surging 6.15%. This was the best performance for US stocks in the month of May since May 1990. Canadian stocks as measured by the S&P TSX rebounded nicely in May as well, rising 5.37% during the month. Equity markets in Europe and Asia were broadly positive as well, rising low single digits throughout the month. As always, if you have any questions, please do not hesitate to reach out to any of us.

Published: June 6, 2025

We recently hosted a live webinar with Lyle Perry, Partner at MHWP Law in Maple Ridge. During this webinar Harry, David, and Kevin provide a brief recap on the markets followed by an in-depth Q&A session with Lyle Perry about estate planning. If you were not able to attend the live webinar, we hope you will enjoy watching this replay. As always, if you or your family members have any questions about estate planning, please reach out to us directly. We can help you begin to craft your estate plan as well as provide you with referrals to experts like Lyle to draft the appropriate legal documents.

Published: May 28, 2025

Dollar cost averaging is an investment strategy where you invest a fixed amount of money on a regular schedule. For anyone who is sitting on the sidelines in cash and feeling nervous about potential short-term headwinds, dollar cost averaging is a less stressful way of putting larger sums of money to work for the long-term. Join us as we explore the concept of dollar-cost averaging, along with its advantages and disadvantages.

Published: May 16, 2025

April gave stock market investors a little bit of everything; tears as share prices plunged when President Donald Trump started a global trade war, gasps of relief as they bounced back when he paused some of his harshest tariffs, and confusion as they rose despite increasing signs of economic turmoil. Join us as we discuss the highlights of last months market events. As always, if you have questions about your portfolio or financial plan, please do no hesitate to give our team a call.

Published: May 7, 2025

No one knows what trade deals may or may not be announced over the course of the next 90 days. I don’t think the Trump administration really knows at this point either. The tariff pause has raised hopes for a path to negotiated resolutions and shows that the Trump administration is paying attention to credit and equity markets. So, what should you do next? The answer to this depends on your risk tolerance and your financial situation, but selling everything and going to cash to try and time the market is never the correct answer. Holding a diversified portfolio of both stocks and bonds is usually a good place to start if you are nervous about the stock market. As always, if you have questions about your portfolio or financial plan, please do no hesitate to give our team a call.

Published: April 21, 2025

It is important to remember to stay invested despite uncertainty and volatility, maintain a diversified portfolio, and make sure you have enough in cash or short-term fixed income for needs in the next 6 to 18 months. As always if you have questions about the markets or your portfolio’s positioning, we are here and will be very glad to speak with you.

Published: April 4, 2025

None of us know when the current market instability and uncertainty will cease, but what we do know is that it will. History has continuously shown if investors stay calm and stay the course, they will be rewarded as markets bounce back. Join us as we discuss market volatility and what you should be doing as an investor in todays volatile markets. As always, if you have any questions about your portfolio or the current state of the markets, please feel free to reach out to us at anytime.

Published: March 17, 2025

At the time of writing this update on March 4th, Trump’s tariffs on key allies and trading partners, including Canada, have officially been enacted. Equity markets in Canada and the US have reacted negatively to this development. We understand you may have questions about these developments and how it might impact your finances. As always, we welcome your questions and are always happy to speak or meet with you to discuss them.

Published: March 7, 2025

Join us in this months educational video as we discuss the basics of RRSPs (Registered Retirement Savings Plans), how your contributions work for you in reducing your taxes, and review some examples of RRSP contributions for varying income levels and tax brackets.

Don’t forget, the 2024 RRSP deadline is on March 3rd, 2025!

Published: February 18, 2025

The recent Bank of Canada’s interest rate cut is a positive step towards stimulating growth here domestically, but the potential impact of U.S. tariffs remains a significant risk factor that could overshadow Bank of Canada policy. Trump 2.0 has started with a volley of executive orders and a dizzying pace in the news flow. This will likely continue to be the case over the next few months, and probably the next 4 years. This could make sticking with your investment plan more challenging than in recent years. We are here to discuss with you the potential impacts of a changing macroeconomic landscape and to address any concerns you might have.

Join us as we discuss the market update for January 2025.

Published: February 5, 2025