News

2110, 2021

RRSP rollover into an RDSP can provide tax savings

Transferring an RRSP or a registered pension plan (RPP) by will to a Registered Disability Savings Plan (RDSP) can result in significant tax savings for an estate while providing financial security for a child or grandchild with a disability.

The rules governing RDSPs allow for a tax-free rollover of the proceeds […]

2008, 2021

July Market Update by Canada Life

Global economic conditions continued to improve in July, but a rise in cases of the COVID-19 Delta variant in some areas of the world raised concerns that another wave of the virus could derail the economic recovery. Global service sector activity expanded further during the month as ongoing re-openings led […]

1908, 2021

2021 Mid-Year Capital Market Overview by Mackenzie Investments

The race between containing the COVID-19 virus and its variants versusvaccine rollout and efficacy is being won by the miraculous work of scientistsand health care workers. However, equity markets and commodity priceshave moved a long way toward pricing in this optimistic scenario.While “peak everything” may be near, the size of […]

906, 2021

May 2021 market update

Inflation concerns persist globally, the loonie soars and crypto mania hits equity markets.

The ongoing vaccine rollout and easing lockdown restrictions in some parts of the world helped improve economic activity during May. Globally, manufacturing and services sector activity was strong, signaling improving conditions. U.S. President Biden introduced his new […]

1305, 2021

April 2021 market update

The global economic outlook improved in April, as vaccination efforts accelerated and a select number of countries began easing lockdown restrictions. The outlook in North America brightened following a flurry of new stimulus measures in Canada and the U.S. In Canada, the Federal Government unveiled its 2021-22 budget, including a […]

2104, 2021

2021 Federal budget analysis by Canada Life

The Liberal government’s first budget in two years highlights spending measures to “finish the fight against COVID-19”, reduce our carbon footprint and provide new early learning and childcare programs to families. The deficit for the 2020-21 fiscal year is projected to hit $354.2 billion. Notable spending measures include:

Childcare and early […]

804, 2021

March 2021 market update – Canada Life

Ongoing distribution of COVID-19 vaccines and easing lockdown restrictions supported increasedeconomic activity in March. The American Rescue Plan Act of 2021 was signed into law, raisingexpectations for the recovery of the world’s largest economy, with the positive impact potentiallyreverberating throughout the global economy.Global equity markets were relatively volatile in March, […]

1003, 2021

Mackenzie Market Commentary – February 2021

Canadian equities outpaced most of their global peers for the second month in a row. Rising yields, an acceleration of the growth to value trade and booming energy prices all bode well for the S&P/TSX Composite Index. US and International stocks continued to advance, with the S&P 500 Index up […]

1602, 2021

2020 All Star Awards

It is humbling and gratifying to receive awards in the financial industry. It is humbling because we do not practice in our craft to receive awards and recognition, we manage relationships with our clients so that there is enough money at a time when it is needed most, if someone […]

1412, 2020

GLC Market Matters – November review

In early November, Pfizer and its German partner, BioNtech, released results of their ongoing trial for a COVID-19 vaccine, showing very positive early results of 90% efficacy rates. Shortly after, Moderna followed suit with similarly positive results from their COVID vaccine trial. In the midst of a second wave of […]