General News

Market Performing ‘the way it always does in the second half of a recession’

Senior portfolio manager says investors should be optimistic over textbook response to March plunge. The time of pessimism was March, David Fingold told WP, with the cheeriness of someone who’s just found a winning lottery ticket.  “Don’t let the past few months affect your ability to be optimistic about the future.” To read the entire… Read more »

Government Extends Tax Deadline to June 1

Canadians will have one extra month to file their taxes to the Canada Revenue Agency, the National Post has learned. The announcement will be made tomorrow by federal ministers as part of a larger series of financial measures to assist Canadian individuals and governments through the COVID-19 pandemic. To read the complete article click here.

Bank of Canada announces rate decision

The Bank of Canada cut its key interest rate by 50 basis points Wednesday in response to the “material negative shock” of the COVID-19 virus. To read the complete article click here.

Fed cuts interest rates in emergency move

The U.S. Federal Reserve delivered an emergency half-percentage point interest rate cut Tuesday in a bid to protect the longest-ever economic expansion from the spreading coronavirus. To read the complete article click here.

Nothing to Fear but Fear Itself?

Financial markets have taken a dramatic turn for the worse this week, with stock markets selling off sharply and generally indiscriminately across the globe. The MSCI All-Country World Index is down 6% since last Wednesday, with stocks across Developed Markets (DM) and Emerging Markets (EM) registering like-sized declines while all industrial sectors are in the… Read more »

Managing your actions through volatile times

This week we find ourselves in an extreme volatile period in the market with stocks trending to the downside. With this in mind, we feel it warrants a review of our “down market manual” to help provide further insight during previous similar market cycles. To read the manual click here.