Each week, our team publishes a blog and webcast.
Quarterly “earnings season” never fails to consume the full attention of investors. Because companies are required by law to publish financial results every three months, a Balance Sheet (showing assets and debt), Income Statement (showing revenues and expenses), and Statement of Cash Flow (sort of like an Income Statement that strips out a lot of […]
If you own a mutual fund and don’t know its management expense ratio, what is the matter with you? Well, we can’t blame you. I once owned funds before starting my career in finance and had no idea the cost either. At the time, I didn’t even think about it. The transaction history had no […]
What is it about Canada that the rest of the world always seems to misunderstand? We don’t all play hockey; our land isn’t covered in a blanket of ice and snow; our health care is not free; and we do not all communicate saying “oot”, “aboot”, and “eh”. In April, Canada’s TD Bank became the […]
There’s a seasonal trade to “sell in May and go away” that some people follow. It requires an investor to sell their stocks in early May and then repurchase them back at the end of October. It’s not a strategy we employ for our clients. The data suggests that the market historically appreciates between early […]
The U.S. has a debt ceiling, which means it cannot borrow once the ceiling is reached. Today, it’s a staggering $31.4 trillion. In 2011, it was “only” $16.4 trillion. Because the U.S. Treasury borrows to fund everyday expenses, hitting the ceiling means that existing programs cannot be funded. To avoid this from happening, Congress must […]
The vacancy rate in the Canadian downtown office market is a staggering 18.4%, almost double its pre-Covid rate. In Toronto, it sits at 15.3%, the highest rate since 1995. Vancouver is at 10.4%, a level unseen since 2004. Many companies are walking away from their leases. According to CBRE, 10 of the last 12 quarters […]
Note: We mistakenly said that the Home Buyers Plan and First Home Savings Account cannot be used in conjunction. Thankfully, the two accounts can be used together to purchase your first home. A new tax sheltering account – the First Home Savings Account (“FHSA”) – was announced last year. Though it became available April 1, […]
Last month, Alphabet (formerly Google) hosted an event in Paris to show off its new artificial intelligence chatbot, Bard. The event came one day after Microsoft made a similar presentation of its own AI technology. The market was not impressed and shares dropped over 7%, closing at $100/share. Some had higher hopes that Alphabet’s AI […]
