Tag Archives: Market Update

December 2024 Portfolio Construction

by

Economy contracts on per-person basis Statistics Canada announced that, on a monthly basis, real gross domestic product (GDP) by industry contracted by less than 0.1% in August. This follows weak results for both of the previous two months and left annual growth at a lethargic 1.3%. Perhaps not surprisingly, the public sector experienced a 2.9% […]

December 2024 Market Commentary

by

After a dramatic campaign, US voters elected Donald Trump on November 5th with a GOP majority in Congress. Investors signaled their enthusiasm for the results with inflows of $141 billion into US equities during November, the highest four-week total on record. Major North American stock indices surged ahead to close November at new highs, with […]

Federal Budget 2023: Personal Tax Matters

by

2023 Federal Tax Canada’s Finance Minister, the Honourable Chrystia Freeland, tabled the 2023 federal budget on March 28, 2023. Canada’s economy is now 103% the size it was before the pandemic, marking the fastest recovery of the last four recessions, and the second strongest recovery in the G7. The unemployment rate is near its record […]

Federal Budget 2023: Sales & Excise Tax

by

GST/HST Treatment of Payment Card Clearing Services Budget 2023 proposes to amend the GST/HST definition of “financial service” to clarify that payment card clearing services rendered by a payment card network operator are excluded from the definition to ensure that such services generally continue to be subject to the GST/HST. This measure would apply to […]

    Ferguson Financial Planning | CI Assante Wealth Management
    350 Burnhamthorpe Road West, Suite 500 Mississauga, ON L5B 3J1
    905-277-7933
    1-800-265-4658