Our Insights

Last Month in the Markets – February 1st – 28th, 2022: Prior to the invasion of Ukraine, North American equity markets had been doing relatively well despite less than favourable local news. The trend had been downward with the major indices losing value during the first three weeks of the month mirroring overall performance in 2022. 

With a new year comes new tax numbers! Below is a quick reference of important tax numbers for three years, including 2022. CRA has utilized a 1% indexing (inflation) for those numbers subject to that condition.

Last Month in the Markets – January 3 - 31, 2022: At the beginning of the month, equities fell during the first week, regained their value and stabilized before dipping strongly around the end of week 3, and ended the month regaining some lost value. Overall equities performed poorly for several reasons.

Last Year in the Markets – January 4th – December 31st, 2021: The last year, just like the past 22 months since March 2020, have been filled with investment uncertainty based on many major and minor factors. 

Tax Loss Selling is a Canada Revenue Agency sanctioned strategy to reduce capital gains taxes. Securities are sold that incur a capital loss, which is then used to offset taxable capital gains. Any losses must first be applied the current tax year, then unused losses can offset gains in the previous three years or carried forward indefinitely. Tax Loss Selling is applicable to only non-registered investments.

Last Month in the Markets – November 1st – 30th,2021: November did not deliver the results that equity investors had hoped. There were three main contributors to the damage equity markets saw this month:

We all know the cost of goods and services rises over time. Single postage stamps that cost 85 cents just 3 years ago now cost a dollar. The same thing has happened to virtually everything we purchase.

Last Month in the Markets - October 1st - 29th, 2021: October was kind to most investors. Equity indices rose steadily, with most indices seeing gains ranging from 5% to 7%.

Retirement planning is an inevitable stage in everyone's life. What determines whether you will be in a stable financial state during that period is how you have been able to save and invest during your active days.