Happy Friday from Brenda Miller Family Wealth!
Ontario has certainly kept us on our toes with its weather lately! From fluctuating temperatures to unpredictable conditions, it's been quite the winter so far. We hope you're staying warm and safe as we head into February.
Year-End Planning Update
We are working hard and diligently to ensure that RRSP contributions are made before the March 2nd deadline and that TFSA contributions for 2026 are topped up. Our team is ready to help you take full advantage of these valuable registered accounts and to optimize your tax position heading into 2026.
The Latest News
Canada's Trade Deficit Widens: Canada's trade deficit expanded in November, reflecting ongoing challenges in export competitiveness and import demand. This trend underscores the importance of diversifying revenue streams and maintaining a balanced investment approach in an evolving economic landscape.
Political Leadership in Focus: Conservative Leader Pierre Poilievre faces a critical leadership test today. Political developments can have ripple effects across markets and investor sentiment, making it important to stay informed about the direction of key policy discussions.
U.S. Labor Market Shifts: American firms are pulling back from their pandemic-era hiring spree, signaling a potential slowdown in employment growth. This correction reflects normalizing business conditions after years of rapid expansion and may influence broader economic growth forecasts heading into 2026.
Rogers Benefits from Blue Jays Success: Rogers Communications exceeded analyst expectations, with strong performance by the Blue Jays' playoff run. The success demonstrates how operational strength combined with cultural assets can drive shareholder value and investor confidence.
What This Means for Your Portfolio
As we navigate mixed economic signals—from trade pressures to labor market adjustments—diversification and regular portfolio reviews remain essential. Market volatility presents both challenges and opportunities for disciplined investors.
Have questions about your wealth strategy? Reach out to discuss how these developments may impact your financial goals.
Have a good weekend,
Brenda, Betina, Matty, Taylor, and Max