News

The First Home Savings Account (FHSA) is designed to help first-time home buyers save $40,000.00 or more towards the purchase of a home.

We are more delighted than usual to report to you at midyear on the events of the last six months, and on the progress of our long-term journey. But first, as always, a brief review of our principles.

At the conclusion of what can only be described as an intense three months for markets and society as a whole, here’s an overview of key market developments that took place in the first quarter of 2022, plus additional thoughts from both ourselves and others.

We have noticed a heightened level of concern amongst you, our valued clients, about the state of the markets. It is fine to feel the anxiety, but you should not act on that feeling, because financial decisions made emotionally are prone to error.

Today marks a significant anniversary in economic and financial history, and we could not let it pass without comment. When properly appreciated, it can serve as an importantly teachable moment.

Here’s an overview of key market developments over the last quarter. North American markets surged higher over the quarter. The TSX also hit an all-time high during the quarter.

Most of our clients are working on multi-decade and even multigenerational plans, for such important goals as education, retirement, and legacy. Current events in the economy and the markets are in that sense distractions of one sort or another.

The Deputy Prime Minister and Finance Minister presented Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. No changes were made to personal or corporate tax rates (other than a temporary measure for zero-emission technology manufacturers), nor to the inclusion rate on taxable capital gains.

Here’s brief overview of some key market developments over the last quarter, and what to look forward to in the months ahead. North American markets continued their march higher over the quarter.

To help buffer their economies from the COVID 19 pandemic’s fallout governments and central banks took immediate measures, many of which continued throughout the year.