You might be one of my clients with a second property and a mortgage. We are in the second half of the calendar year now and in what might be the later stages of a bull market cycle. Interest rates have been moving up.
Consider deregistering any tax-free profits you have realized in your tax-free savings (TFSA) account to pay down your mortgage – with tax-free earnings.
Energy, Trade and Politics…
Corporate tax cuts ignited the U.S. stock market last year which since, has been an earnings driven story, now facing potential headwinds from escalating trade tensions with… well, everybody.
Best,
Rob Hunter
Last Wednesday night, I attended our annual Economic Dinner in Vancouver with Chief Economist Stefane Marion.
I have attached a PDF of the slides that made up the presentation for your review. While the presentation covered a lot of material pertaining to both Canada and the United States, I was interested in the data pertaining to workforce and immigration which kicks off around page 32.
Best,
Rob Hunter
How are Canadians faring?
With Canadians living longer, how are we doing when it comes to earnings power and retirement saving rates?
Finding it difficult to keep up with the seesaw in the market lately?