by Brent Vandermeer | Apr 24, 2015 | Market Commentary
2015 Federal Budget Overview The federal government today tabled its Economic Action Plan 2015 – a balanced budget for the first time since fiscal 2008. The government promised to balance the budget, and Budget 2015 announces that the deficit has been reduced from $55.6 billion at the height of the global and economic financial crisis […]
by Brent Vandermeer | Jan 26, 2015 | Market Commentary
TAX TIME! Are You Ready? It is getting close to that time of year again, tax time; and most individuals are required to file their income tax returns on or before April 30. We’re pleased to provide you with a tax planning guide to assist you with your 2014 income tax preparation. As you prepare […]
by Brent Vandermeer | Jan 19, 2015 | Market Commentary
2014 in Review Canadian equities did well in 2014 with the S&P/TSX Composite earning 11%. The strongest performing sector was Consumer Staples (+49%) while the worst was Energy (-5%). US equities once again had a stellar year with a third straight year of double-digit gains. The S&P 500 posted a 14% return while the Dow […]
by Brent Vandermeer | Nov 25, 2014 | Market Commentary
Source: Wall Street Journal, Morning Wrap, 30-Oct-2014 “As the Federal Reserve bids farewell to quantitative easing, it’s time to grade the central bank’s final round of stimulus. The benefits and drawbacks of QE have been subject of a hot debate on Wall Street for years. Many suggest the Fed’s bond-buying program has been a major […]