Financial Library

Summer Optimism

Posted on: August 9, 2021

My last email talked about how business optimism had steadily increased going into the summer and how high Global Stock Markets had risen. We have seen some choppy waters since then but hit fresh record highs in Canada and the USA this July1. Much of this momentum here in Canada is directly related to lower case numbers and the economy continuing to open up. It's been very hard to separate the pandemic and the economy over the last year and a half. Canada's optimism has to do with case numbers plummeting throughout the early part of the summer and restrictions being lifted.

Record Temperatures and Record Highs on the Market

Posted on: July 12, 2021

When looking at the locations that our clients live in, I'm not sure anyone escaped the heat wave that we experienced across Western Canada this summer. Here in the Calgary area, we got day after day of plus 30 temperatures and that was right before we left for Southern Saskatchewan which was also in the mid-30s. We literally spent about ten days in that heat and started to really appreciate days which were only in the high 20's. We recognize how dangerous situations like that can be and feel for anyone who ended up in medical distress because of the high temperatures.

Getting Back to Basics

Posted on: July 12, 2021

Recessions, stock-market declines, housing market bubbles, joblessness and, most recently, a global pandemic have created a series of challenges for people trying to start, grow or maintain a retirement savings plan. Given this rollercoaster, it's natural to wonder if you're doing all you can to protect your retirement nest egg. Taking a “back to basics” approach can empower you and help keep your financial plan on track during uncertain economic times and beyond.

Tags: 
retirement planning

Tax Planning for Severance Packages

Posted on: June 7, 2021

Over the past year, economic stresses worldwide have resulted in many employees receiving severance packages and being advised that their services are no longer required. The longer you've been employed with an organization, the higher your severance package will be. With the national job market still experiencing varying levels of stress, it is more important than ever to hang on to as much money from an employment severance settlement as possible.

Tags: 
tax planning

Mortgage Insurance: Not Necessarily as Advertised

Posted on: June 7, 2021

It's all part of the process when you are arranging a mortgage for your new home. The bank employee inevitably asks if you would like to purchase mortgage insurance. No one likes to think about their own mortality; however, we all know deep down that stuff happens. People contract terminal illnesses or suffer debilitating or fatal accidents.

Tags: 
insurance planning

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