Québec Canada (excluding Québec) .
Market Review 2020 January Edition This market review provides highlights from last year and presents our 2020 outlook and the issues that may affect them. During the month of January, we will send another communication to our clients regarding our portfolio strategy. Some highlights for the year ending December 31, 2019 Canadian Fixed Income The Canadian Bond Universe (FTSE/TMX Index) had an excellent year with a return of 6.9%, a record since 2014! After four...
Debt and Retirement - How to Handle both when Nearing Retirement An increasing number of Canadians are facing an uphill battle just trying to save enough and earn enough on their savings to be able to retire on time. Carrying much higher debt burdens than previous generations, many pre-retirees have had to put their savings on the back burner to focus on debt reduction, which, for practical purposes is smart, but it is also the...
Elections and the Stock Market: Much to Do About Nothing The performance of the stock market during the two months leading up to the election has historically been somewhat of a predictor of who will win the race in the US; moreover, we can also try to predict the direction of the market based on who wins the American election. While all of this makes for interesting and fun banter around the water cooler, thoughtful...
The Daily Choices of Financial Freedom If given the choice, most people would choose financial freedom over financial servitude. Who doesn’t want to be financially independent, having your money work for you, as opposed to you working for your money? The problem for many is that, that kind of choice is an abstract exercise of futility as they struggle to navigate the waters of daily living paycheque-to-paycheque, or in a clash of priorities where spending...
Financial Advisors vs. Robo Advisors: Which Is Worth It? What’s the difference between a robo advisor and an actual financial advisor? It may seem like there’s an obvious answer - I mean one’s a software - but truly, what’s the difference in services between a robo advisor and a financial advisor? You work hard for your money and want to see your investments not only grow, but also thrive, so it’s important to evaluate which...
Protect Yourself from your Creditors If you work for the government, your creditors cannot gain access to your pension fund. Then, shouldn’t business owners have the same protections when it comes to their retirement savings? Protect your Retirement Savings from your Creditors I can help you create a real trust by the definitions stipulated in both the Income Tax Act and the Civil Code of Quebec, for each of your registered accounts. In opening such...
It is no secret that the typical Canadian is working long hours with little respite compared to other countries with large economies. Full-time employees report an average work week of 47 hours, and four out of 10 North American workers say they work over 50 hours a week.
Free education for your children? Most of us have heard of the Registered Education Savings Plan (RESP)** offered by most Canadian banks. We already know that for every dollar that is contributed to your child or grand-child's RESP, the government can add a grant of 30%, or even more in certain cases. However, what you may not be aware of is that, at the end of the program, you may withdraw all the money that...
Green Energy as an Investment Strategy Green, clean energy has reached new heights in North America. There are more hybrids than ever on the streets, wind turbines out above the cornfields, solar panels on roofs, and even that new convenience store down the street is LEED certified. It’s not a trend; it’s a shift away from fossil fuels—oil, coal, and natural gas. And it’s not just your typical environmentalist rhetoric, clean energy is politically supported...
Should I contribute to my RSP or reimburse my mortgage? We constantly hear that we should maximize our RSP as soon as financially possible. However, you would also like to get rid of your mortgage and the related monthly payments. What should you do? The answer relies not only on the financial incentives that confer each savings priority but also depends on your level of comfort with each solution. Unlike common belief, the principal advantage...
Borrowing to invest: Risks and benefits An investor can borrow to invest in a portfolio of securities in order to increase his chances of reaching his long-term financial goals. However, the issues involved are complex, and it is very important that they be fully understood. How does it work ? In the same way an entrepreneur borrows to invest in his company, allowing it to grow more quickly and generate additional income, a “Leveraged investment”...