Last Month in the Markets – August 1st - 31st, 2023: On a monthly basis North American equity indexes did not perform well, losing about 2%, and trimming year-to-date performance for the TSX and Dow to less than 5%. 

The cost of university has risen sharply, and so has the importance of graduating with a desired and marketable set of skills and knowledge. Without a post-secondary education, employment and life opportunities are more limited now than ever before. Contributing to a grandchild’s education helps them and their parents, and helps you stay connected in a meaningful way.

Last Month in the Markets – July 3rd – 31st, 2023: North American equity indexes added another 2 to 4 percent to their year-to-date advances on positive news on the inflation, jobs, and monetary policy fronts.

Last Month in the Markets – April 3rd – 28th, 2023: Last month demonstrated the resiliency of equity markets. After a quick rise to begin the month, North American indexes suffered a hiccup.

Last Month in the Markets – May 1st – 31st, 2023: Last month saw divergence among major North American equity indexes with two increasing and two decreasing in value.

The Great Depression, which lasted almost four years, from August 1929 to March 1933, marked the threshold of what today is called “value investing.” That may seem strange because investors have been deploying their capital for centuries in pursuit of value.

Last Month in the Markets: March 1st – 31st, 2023: Last month was difficult to endure for investors concentrated in North American equities, especially those with significant holdings in financial services, which includes most Canadians. By the end of March, the TSX finished almost where it began the month, and the U.S. equities indexes rose 2 to 6½ percent.

Investments can deliver a major source of income and tax implications for individuals. Each major type of investment income is subject to different tax treatment.

The federal government has introduced a new tax credit that will make it easier for Canadians to care for relatives in their home. The Multi-Generational Home Renovation Tax Credit came into effect January 1, 2023. The new credit will cover expenses related to building a secondary suite for a family member who is either a senior or disabled.