Introducing my New Associate: Vinny Saini

December 23, 2024 |Beth Arseneau
Hello Everyone, I would like to welcome my new associate, Vinny Saini to the team. Vinny will be replacing Emily, all of Vinny’s contact information can be found below please update your contact information accordingly. Vinny has been working at RBC Dominion...
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2024 Fall Economic Statement: A summary of the key measures that may have a direct impact on you

December 23, 2024 |Beth Arseneau
By RBC Family Office Services The Government House Leader Karina Gould tabled the Fall Economic Statement on Dec. 16, 2024. The 2024 Fall Economic Statement detailed $23.3 billion in new spending over the next six years. No changes to personal or corporate...
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Fall Economic Statement 2024: Canada boosts investment appeal and the deficit deepens - RBC Thought Leadership

December 18, 2024 |Beth Arseneau
Given the political uncertainty facing Canada, the fate of many of the measures announced in the 2024 Fall Economic Statement is highly uncertain. However, the fiscal update still serves as a snapshot of where the economy is headed and how upcoming challenges...
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BoC cuts by another 50 bps but with a slightly hawkish tone

December 18, 2024 |Beth Arseneau
BoC cuts by another 50 bps but with a slightly hawkish tone. The BoC announced a second consecutive 50 bp rate cut in December, bringing total easing for the year to 175 bps—significantly more than other G7 central banks (see Exhibit 1). As recently as...
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Bi-Weekly Client Letter 2024-12-13

December 18, 2024 |Beth Arseneau
A continued decline in inflationary pressures, combined with ongoing signs of a cooling Canadian economy, recently prompted the Bank of Canada (BoC) to cut interest rates for the fifth consecutive time. In the U.S., the Federal Reserve is also expected...
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Bi-weekly Client Letter 2024-11-01

November 01, 2024 |Elizabeth Arseneau
Global equity markets have drifted lower recently, with North American equity markets retreating from highs. In the U.S., central bank policy easing is expected to continue, but investors have tempered their expectations for how quickly rates will fall...
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Bi-weekly Client Letter 2024-10-18

October 18, 2024 |Elizabeth Arseneau
North American equity markets continue to push to record highs, bolstered by a promising start to the U.S. third-quarter earnings season. The results from major banks signal a healthy U.S. consumer, with spending supported by a resilient labour market...
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Bi-weekly Client Letter 2024-10-04

October 04, 2024 |Elizabeth Arseneau
It has been a busy few weeks with several issues garnering investor attention. The U.S. jobs report has taken on more importance given the Federal Reserve’s admission that it is watching it more closely. Elsewhere, investors have been preoccupied with...
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Bi-weekly Client Letter 2024-09-20

September 20, 2024 |Elizabeth Arseneau
The U.S. Federal Reserve cut interest rates this past week, joining many other major developed central banks who have started to reduce interest rates in recent months. Another important development was the notable decline in Canada’s inflation rate,...
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Bi-weekly Client Letter 2024-08-09

August 09, 2024 |Elizabeth Arseneau
Global equity markets have recently retraced some of their year-to-date gains, while government bond yields have fallen (i.e., higher bond prices), as investors gravitated towards the safety of high-quality bonds. This market action can be attributed...
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