Market and Investment Insights
COP26: Keeping Climate Issues on the Front Burner
“Investors today aren’t just investing for performance; they also want the ability to make an impact beyond returns that aligns with their personal values.” Check out the latest article in WP where Brent Vandermeer talks about Socially Responsible Investing (SRI) AKA Environmental, Social and Governance (ESG), and the upcoming COP26 conference – an annual summit aimed at accelerating progress towards Paris Agreement emissions targets.
A Tale of Two Markets
Bond markets and stock markets usually move opposite to each other, hence their diversification benefits. Today, they appear to be indicating the same thing by moving strongly upward together. One of them must be wrong. Historically, the smart money is the bond market viewpoint. Yet today, central banks are distorting true risk and value by their market operations. The bond market is likely saying that recession is coming. This leads us to continue our shifts to a more defensive portfolio posture.
iA Financial Group Completes the Acquisition of HollisWealth from Scotiabank
QUEBEC CITY, Aug. 8, 2017 /CNW Telbec/ – Industrial Alliance Insurance and Financial Services Inc. (“Industrial Alliance” or “iA Financial Group”) (TSX: IAG) and The Bank of Nova Scotia (“Scotiabank”) (TSX: BNS) (NYSE: BNS) today announced that Industrial Alliance has completed the acquisition of HollisWealth from Scotiabank effective after close of business on Friday, August 4, 2017. […]
Updates on IA Securities Acquiring HollisWealth
In a previous communication, we confirmed the ownership of HollisWealth will change from Scotia Capital to IA Securities (owned by Industrial Alliance) in the 3rd quarter of 2017. We anticipate this as a positive transition as we will continue to benefit from the depth and backing of a large, secure financial institution. We want to […]
Basic Ontario Budget Summary
Below is a brief summary of the Ontario budget from April 27, 2017. You can download a full review from Scotiabank here. Children’s Prescription Medication: All children and youth aged 24 and under, regardless of family income, get free prescription medication Electricity: Lower household electricity bills on average by 25% beginning this summer (even greater […]