Many young adults want to put money aside, but their cost of living prevents them from saving and investing. You may consider helping out your child or grandchild to give them a head start on meeting their financial goals. Today, a young Canadian may have contribution room in three different plans: a Tax-Free Savings […]
By Munro Partners, Portfolio Sub-Sdvisors to certain funds offered and managed by CI Global Asset Management. Munro Partners is a global investment management partnership specializing in growth equities. When it comes to the growing need for clean energy, we draw the line. Literally. The line above follows the rise of artificial intelligence (AI) to the […]
https://youtu.be/xXUK9Rnof3Y Tax season is approaching, which means looking for credits and deductions to pay less tax wherever possible. However, other opportunities are available to save tax that may be implemented at any time during the year. Here are various tax-saving strategies—some familiar and others specialized. Perhaps one or more might benefit you, now or in […]
By Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management & Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Canadian inflation – calm before the storm? Tariffs threaten Canada’s inflation rate. The latest data from Statistics Canada revealed that its consumer price index rose 0.1% (seasonally adjusted) in January. […]
Canadian stocks moved sideways until the final week of February and then fell before recovering some ground on the last day of the month. US shares also advanced, initially, and the S&P 500 Index hit a record high on February 19th. However, indices then turned down and posted losses for the month. In contrast, European […]
Interestingly, when stock markets reach new highs, different investors may react in opposite ways. Some investors are elated and want to make the most of a booming market. Others are fearful that what goes up must come down. Greed and fear are common triggers, but we’re always here to help ensure that emotional reactions to […]
When you imagine the post-secondary education you’ll fund with a Registered Education Savings Plan (RESP), you may first think of a university or college. However, the government lists several hundred institutions beyond traditional universities and colleges that have programs eligible for RESP funding. A wide range of choices Here are just some of the career […]
By Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management & Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Canadian unemployment underreported Canadian unemployment rate near recessionary levels Statistics Canada announced that 90,900 jobs were gained during the month of December 2024, adding to the […]
North American equities rose in January despite an up and down month. AI-themed US tech shares were buffeted by an unexpected burst of volatility while Canadian stocks navigated a relatively smoother path upwards. Political change was in focus with Justin Trudeau announcing his resignation and Donald Trump entering office with an immediate and wide range […]
Life is different once your children leave home and start out on their own. Whether you have a sense of melancholy or feel free and easy as you look forward to a new chapter, it’s important to recognize that various aspects of your financial life may change. More discretionary income. When your children become financially […]
