As we head into the long weekend, we would like to wish you a wonderful and happy start to the summer! We hope you can get outdoors and spend some time doing an activity you find joy in.

Jim is soaking up every minute with his 14-month-old grandson, Maverik, who is now walking. He is also looking forward to spending some quality time at the cottage and reading more.

Paula has a new addition to her family. She welcomed home a 14-week-old Bernese Mountain Dog puppy named Elvis. She also enjoyed her trip to Cuba with friends and family earlier this year.

Ellen was recently in Vancouver attending the Women’s Symposium Conference and enjoying the beautiful city while visiting with her friends. She is looking forward to enjoying some time at the cottage this summer as well.

We have highlighted a few updates along with some pertinent articles below:

T+1 Settlement

As of May 27, 2024, Canadian securities markets – and U.S. securities markets on May 28, 2024 – shortened the settlement cycle by a business day from trade date plus two business days (T+2) to trade date plus one business day (T+1).

Capital Gains Inclusion Rate

The 2024 Federal Budget proposed an increase to the capital gains inclusion rate from 50% to 66.67% (settlement on or after June 25, 2024). The article, Planning for the proposed increase to the capital gains inclusion rate, outlines the change in more detail. 

Longevity: Cracking the aging code

This report focuses on scientific advancements related to aging. It dives into a few of the most promising advances and explores the link between scientific breakthroughs and intriguing investments.

Dividend Increases for May

When companies increase their dividends, as an investor, your income increases too! In our most recent blog post, we have listed the dividend increases that were announced in the month of May.

We hope you have a fantastic long weekend! We are here in the office and available throughout the summer so please do not hesitate to give us a call, we love to hear from you.