In our final economic update of 2021, we share the latest publication from RBC Wealth Management, Global Insight 2022 Outlook. We’ve also included a link to an article that summarizes some of the tax and support measures announced recently by Deputy Prime Minister and Minister of Finance Chrystia Freeland, 2021 economic and fiscal update.
Last week we shared information about the new “Trusted Contact Person” term that you will learn about the next time you meet with your financial advisor. This week we’ve included your link to the dedicated Trusted Contact Person page on our website to support with any frequently asked questions.
And if you are still looking for the perfect gift this holiday season, we’ve shared an article that lists the 10 ways to make the most of your holiday shopping.
As always, we end our weekly blog post with a few good news stories from in and around our community. Our weekly economic update emails will resume in mid-January, 2022.
Wishing you and your family a healthy and safe holiday season.
We look forward to a new year that we expect to bring
an eventual and much welcomed return back to normal.
- Jay, Tom, Karie, and Jennifer -
and the entire Elinesky Schuett Private Wealth Management team
Global Insight 2022 Outlook
The two-year-old COVID-19 pandemic has left its mark on households, the corporate sector, and the economy, all of which have had to adapt to new and challenging circumstances.
As 2022 looms, the initial “catch-up” phase of the global economic recovery after the shock of the pandemic is giving way to an expansion phase. In our view, the era of outsized, globally synchronised fiscal stimulus and unprecedented monetary stimulus is beginning to recede. From now until well into 2023, we see the trajectory of the world’s major economies being shaped by the normal progression of the business cycle.
Download your copy of Global Insight 2022 Outlook for an in-depth review on:
- Equity investing for the next 10 years
- A different kind of debt mountain
- Green energy transformation: Opportunities and realities
- Xi-ism faces the challenges of China’s economic evolution
- RBC’s investment stance
2021 economic and fiscal update
The government notably did not introduce any significant new tax measures. Rather, they provided an update on several of their Budget 2021 measures and promised to address others in their upcoming spring 2022 budget. This article summarizes some of the tax and support measures announced in this economic and fiscal update: 2021 economic and fiscal update |
Trusted Contact Person
Last week we shared information about what a Trusted Contact Person is and why it should matter to you. We’ve now created a dedicated webpage with this information that you can refer to when you are deciding on who to choose as your Trusted Contact Person: What is a "Trusted Contact Person"
Safe, Merry and Bright: 10 ways to make the most of your holiday shopping
Although this article was posted in 2020, it still applies today! You can read the full article online: 10 Ways to Make the Most of Your Holiday Shopping |
Are you a last minute shopper? For many, what's often a festive holiday shopping season looks a little different again this year. Check out these tips on making your holiday shopping a little easier - and even find some savings along the way. Our favourite tip is to "shop local and support small businesses!"
Holiday Hours: December 24 – January 4
Our office will close at 1 p.m. on December 24, and will reopen on December 29, but on reduced hours until December 31. We will be closed on January 3, and will return to regular office hours on January 4.
Visit our website for a full listing of our holiday hours: Holiday Hours: December 24 - January 4
As always, we are available to connect with you personally. Please don’t hesitate to contact us at 519-822-2024 or elineskyschuett@rbc.com.