Federal Budget – Information about Proposed Changes to the Capital Gains Inclusion Rate
April 26, 2024 | John Ord & Tim Waller
As many of you are aware, on April 16, 2024, the 2024 Federal Budget was presented in the House of Commons. One of the proposed measures announced in the Budget is an increase to the capital gains inclusion rate for individuals, corporations and trusts.
With tax efficiency playing an important part in building wealth, you may be wondering how this proposed change may impact you. We’re pleased to provide this article, Planning for the proposed increase to the capital gains inclusion rate, which outlines what’s known about the proposed changes at this time, as well as potential planning considerations.
It is entirely possible that this specific change to the capital gains inclusion rate will not impact you or your investment strategy with us at RBC Dominion Securities. However, we are aware that many investors may be concerned about what they have heard, and we wanted to provide some helpful information to consider.
Click here for a quick summary of some important items that may be relevant to you, should this change become official on June 25th, 2024
The SVB collapse: Reverberations and reactions
March 13, 2023 | John Ord & Tim Waller
The stunning demise of Silicon Valley Bank sent shock waves across the banking sector and broader financial markets. RBC Wealth Management’s Global Portfolio Advisory Committee examines regulators’ fast action to stem the damage and what the “costs” of that may be, as well as highlights how the entire episode may cause the Fed to rethink its rate hiking plans.
I’m sure a lot of our clients have heard about the ongoing situation with specific U.S. banks. We wanted to provide you with the attached article which provides some up-to-date information. It is easy to read and understand. We encourage you to take a few minutes to read this article.
For our discretionary clients, please be mindful that our equity model has ZERO exposure to U.S. banks.
2023 RRSP and Tax Free Savings Account Contribution Reminder
January 4, 2023 | John Ord & Tim Waller
If you have not already done so, we would like to remind you about making your annual contribution to your RSP and TFSA, in order for you to maximize the benefit of these tax-efficient accounts.
You can set up your annual contribution through your bank account as a bill payment, or through the Transfer Funds option online if you are an RBC bank client. You may also contact us directly if you would like us to make the contribution from your non-registered investment account at RBC DS. Read More>
Global Insight 2023 Outlook
December 6, 2022 | John Ord & Tim Waller
RBC Wealth Management has launched the Global Insight 2023 Outlook, which showcases unique perspectives on the catalysts and challenges that could impact investment portfolios in the year ahead. Read More>
Market Update
August 15, 2022 | John Ord & Tim Waller
We hope you are all taking some time to enjoy the summer. Now that we are halfway through August and the third quarter of 2022, we wanted to provide some updated commentary on the stock market and the economy, while also touching on investor psychology.
No doubt many of you have heard the word “recession” talked about at length during the past few months. That word has a profound effect on market sentiment, as recessions coincide with large drops in business conditions and negative returns in equity markets. Read More>
Recording of Jim Allworth’s Economic and Market Update
July 19, 2022 | John Ord & Tim Waller
Last week, we had the opportunity to have Jim Allworth, Chief Investment Strategist of RBC Dominion Securities provide his insights into the current economic and market circumstances.
We have had so many of our clients reach out to us about when this replay would become available. If you were not able to join this call as it occurred, we now have the replay available for you below. Read More>
Listen here (approximately 47 minute duration)
Global Insight Weekly - The Perfect Storm
May 20, 2022 | John Ord & Tim Waller
As equity markets continue to digest a combination of concerns (high levels of inflation; global supply chain issues; war in Ukraine; slowing economic growth; higher interest rates), we thought it would be helpful to highlight how markets tend to perform when investors reach a very high level of negative sentiment. Read More>
Full Article: Global Insight Weekly - The Perfect Storm
Timely Audio Commentary from Jim Allworth - Inflation, the growth outlook, and some thoughts on fixed income
May 17, 2022 | John Ord
We wanted to provide you with this updated commentary from Jim Allworth, as it is very timely and will touch on many of the questions that are most asked these days about inflation and its relation to markets. If you have about 20 minutes to take a listen, this is highly recommended. Read More>
Listen here (approximately 24-minute duration)
Commentary on Recent Market Volatility
May 10, 2022 | John Ord
We wanted to provide you with our comments on current market conditions, as no doubt this has been an uncomfortable time for investors. Volatility in the stock market has continued to persist in recent weeks, with large swings in either direction to start the year. Read More>
Timely Economic Update - Q & A with RBC GAM Chief Economist, Eric Lascelles
May 9, 2022 | John Ord
In light of the recent market volatility, we wanted to share the latest investment strategy from RBC Wealth Management - Global Insight, which provides our latest thoughts on asset classes, the economy, and timely issues that impact investment strategy. Read More>
Full Article: Global Insight Monthly Focus - A Different Kind of Inflationary Environment
Global Insight Monthly - April 2022
April 8, 2022 | John Ord
We are pleased to share the latest investment strategy report from RBC Wealth Management - Global Insight, which provides our latest thoughts on asset classes, the economy, and timely issues that impact investment strategy. Read More>
Article: Global Insight Monthly - April 2022
Global Insight Weekly Report- Risks become realities: Consequences of Russia’s strikes on Ukraine
February 25, 2022 | John Ord
Like many of you, we have been watching the unfolding situation in Ukraine closely over the past few weeks. Yesterday, we saw the culmination of what was feared: with Russia starting a full scale invasion of their neighbour. While the humanitarian crisis this may pose will not be fully apparent for some time, we thought it would be important to provide context about how markets tend to react to large geopolitical events. Read More>
Article: Global Insight Weekly Report - February 24, 2022
Audio commentary: A more challenging start to the year
February 17, 2022 | John Ord
Mark Bayko and Jim Allworth from the Global Portfolio Advisory Committee discuss the transition that is taking place to start the year, the intentions of central banks, and RBC Wealth Management’s economic scorecard that continues to point to a positive outlook.
Listen here (approximately 20-minute duration).
2022 RRSP and Tax Free Savings Account Contribution Reminder
February 4, 2022 | John Ord
If you have not already done so, we would like to remind you about making your annual contribution to your RSP and TFSA, in order for you to maximize the benefit of these tax-efficient accounts.
You can set up your annual contribution through your bank account as a bill payment, or through the Transfer Funds option online if you are an RBC bank client. You may also contact us directly if you would like us to make the contribution from your non-registered investment account at RBC DS. Read More>
Special Report on Equity Markets from RBC Wealth Management
January 25, 2022 | John Ord
With 2022 bringing some increased volatility back to equity markets, we wanted to provide you with a timely update from RBC Wealth Management’s Global Portfolio Advisory Committee. Please see the attached report that provides some context for what is causing the recent downturn, and expectations going forward. Read More>
Article: Equity selloff: Something other than “something worse”
Welcome Back Kristen & Liam's New Role
January 7, 2022 | John Ord
We would like to formally welcome back Kristen Mejia-Chin, who is returning to our team after her recent maternity leave. We have all missed working with her over the last 18 months, and we’re so glad to have her back! Kristen will resume her role as our main point of contact for any administrative questions you may have. Read More>
2022 Tax Free Savings Account Update
January 4, 2022 | John Ord
As 2022 gets underway, we would like to provide you with the updated contribution limit for TFSAs in order for you to maximize the benefit of these tax-efficient accounts. Read More>
Global Economic Update with Eric Lascelles
November 30, 2021 | John Ord
Presentation from the Chief Economist of RBC Global Asset Management, Eric Lascelles. Eric recaps what has happened in 2021 and gives an outlook into what we might expect in 2022.
Watch here (Password: Rbcds2021)
Audio commentary:Economic and market update featuring Jim Allworth
November 1, 2021 | John Ord
Jim Allworth provides special insights behind today's economic and market circumstances.
Listen here (approximately 50- minute duration)
Global Insight Weekly Report - October 1, 2021
October 1, 2021 | John Ord
Please find below the most recent version of the Global Insight Weekly. With the recent pullback in equity markets during September of roughly 5%, we wanted to provide you with some context on some of the various reasons we have seen this short-term weakness. The attached report from RBC’s Global Portfolio Advisory Committee discusses the current market environment and expectations moving forward, which continue to be positive. Read More>
Article: Global Insight Weekly Report - October 1, 2021
Canada Votes – RBC GAM Article
September 21, 2021 | John Ord
RBC Global Asset Management has provided some commentary relating to the results from last night’s election. As many of you are aware, the Liberal party will be forming another minority government. The amount of seats for each party were relatively unchanged from the last election in 2019, meaning there will continue to be a need for the Trudeau government to work with other political parties to enact legislation. Read More>
Article: Canadian Election- RBC Global Asset Management
Audio commentary: An economic and market update with Jim Allworth
September 7, 2021 | John Ord
Mark Bayko and Jim Allworth from the Global Portfolio Advisory Committee provide an update on the investment outlook. Their conversation touches on some of the recent economic developments, why the pending policy shift from the Federal Reserve isn’t too problematic, and what kind of return prospects equity investors should expect going forward.
Listen here (approximately 26-minute duration).
Global Insight – 2021 Midyear Outlook June 2021
June 30, 2021 | John Ord
Please find below a special mid-year Global Insight report from the Global Portfolio Advisory Committee at RBC Wealth Management. This report includes a global equity update from Investment Strategist, and Co-Chair of the committee, Jim Allworth. We always like to highlight Jim’s views on the equity markets, as his decades of experience and clear communication is always appreciated by advisors and clients alike. Read More>
Article: Global Insight – 2021 Midyear Outlook June 2021
Global Insight Weekly Report - June 17, 2021
June 18, 2021 | John Ord
Please find below the most recent version of the Global Insight Weekly. This report provides an update about the recent actions from the Federal Reserve in the United States, and also some context for what that will mean for investors. We would particularly like to highlight the “Implications for investors” section on Page 2, which echoes our opinion about focusing on diversification, asset allocation and rebalancing. Read More>
Article: Global Insight Weekly- June 17, 2021
Market Update & Report from RBC’s Canadian Investment Committee - March 2021
March 5, 2021 | John Ord
We wanted to provide you with some current thoughts on the market, in light of the volatility that has returned in recent weeks. This is not unexpected, as we are coming off some pretty strong gains since the bottom of the market in March 2020. Since that time, there have been some smaller corrections, ultimately making way for new all-time highs for all major market indices in North America. Read More>
Read Macro Perspectives: Canadian Investment Committee>
2021 Tax Free Savings Account and RRSP Contribution Update
January 8, 2021 | John Ord
As 2021 gets underway, we would like to provide you with the updated contribution limits for TFSAs and RSPs, in order for you to maximize the benefit of these tax-efficient accounts. Read More>
Global Insight 2021 Outlook is now available
December 2, 2020 | John Ord
RBC Wealth Management has launched the Global Insight 2021 Outlook, which showcases unique perspectives on issues and opportunities that could define the year ahead.
You can enjoy the complete report here.
Election reaction: Quick takes on the market
November 4, 2020 | John Ord
We wanted to take this opportunity to provide a commentary from our Global Portfolio Advisor Committee regarding the current status of the US election.
With votes still to be counted in key swing states with razor-thin margins, it looks like things are just beginning to get sorted out. But the equity market has been taking things in stride so far, and we explain why investors should do the same.
Since the report was written yesterday, Joe Biden has been declared the victor in the states of Wisconsin and Michigan, yet the report remains relevant in all aspects.
Read the special report here.
Global Insight Weekly Report - October 29, 2020
October 29, 2020 | John Ord
We wanted to send this out to you as recent days have seen volatility start to increase again in the markets, and there remains an overhanging sense of uncertainty among investors, plenty of which has to do with the upcoming result of the US election.
As per the attached report: several forces have driven these recent surges of volatility (lack of second US fiscal stimulus package; renewed COVID-19 lockdowns in Europe; US election). In our view: although we expect this bumpy ride to continue, we think the greatest deteriorations in economic conditions and the equity markets are likely in the rearview mirror.
Please take some time to review the attached Global Insight Weekly report.
Article: Global Insight Weekly- October 29, 2020
A Market Update with Jim Allworth, Chief Investment Strategist
October 16, 2020 | John Ord
Mark Bayko and Jim Allworth from the Global Portfolio Advisory Committee provide an update on the investment outlook. Their conversation examines the economic progress made to date, upcoming U.S. elections, thoughts for the year ahead, and some things learned from this crisis that are worth remembering.
Listen here (approximately 14-minute duration, link may not work in Google chrome).
New Normal, New Opportunities series: A special report by the Portfolio Advisory Group
September 24, 2020 | John Ord
For those of you in our discretionary program, we have been sending portfolio-specific articles from the attached document over the past couple of months to help clients get a sense of some of the ongoing investment themes that guide our decisions. RBC has now issued the full “New normal, new opportunities” series in one easy to read PDF, which we would like to share with you. Read More>
Article: New Normal, New Opportunities: Entire series
Global Insight Monthly – August 2020: Political Reality Checks
August 7, 2020 | John Ord
As we get closer to the beginning of November, the upcoming election in the United States starts to become a main focus for market participants. 2020 has already had more than its fair share of headlines, but there is no doubt there will be plenty more to discuss over the next few months as the United States elects their president for the next four years. Read More>
Article: Global Insight August 2020
John Stackhouse Presentation: Link to WebEx Event
June 18, 2020 | John Ord
Last week, our branch held a WebEx event with John Stackhouse, Senior Vice-President in the Office of the CEO at RBC. Though some of you may have attended this presentation live, we also have a link available below for those who missed it. Read More >
Updated Audio Commentary with Jim Allworth, Chief Investment Strategist: Latest Thoughts on Markets and Coronavirus
April 6, 2020 | John Ord
Following up on the call with Jim Allworth from a couple weeks ago, we wanted to provide you with another timely discussion between Jim Allworth and Mark Bayko, both members of the firm’s Global Portfolio Advisory Committee. Read More >
Market Update: Everything and the Kitchen Sink
March 27, 2020 | John Ord
This has been another volatile week in the markets, however much more to the upside for a change. Following Monday’s recent lows, both the Canadian and US markets rallied over 20% from those levels by the end of Thursday, which is a reminder of just how quickly things can change. Read More >
Article: Everything and the Kitchen Sink
New Measures to Assist Taxpayers During COVID-19
March 23, 2020 | John Ord
Governments across the world are putting together measures to help individual taxpayers and businesses during this time of halted economic activity. Read More >
Article: New Measures to Assist Taxpayers during COVID-19 pandemic
Article: The Government of Canada's Economic Response to COVID-19
Maintaining Perspective During Bear Markets & Extreme Volatility
March 23, 2020 | John Ord
As we remain in an extremely volatile market environment during this health crisis, we want to provide some information about how markets have performed in the past once they officially enter “bear market” territory (defined as a drop of more than 20% from their highs). Read More >
Article: Bear Market Analysis + Updated Volatility in Perspective Charts
Timely audio call with Jim Allworth, Chief Investment Strategist
March 19, 2020 | John Ord
To help make sense of these difficult times, we present this conversation with Jim Allworth, RBC Dominion Securities’ Investment Strategist, on the economic impact of the outbreak and what this disruption means for financial markets, what we’re observing during these fast-moving developments, and what to expect from here. Read More >
Update from Ord Private Wealth Management - Our team will be working remotely starting March 18, 2020
March 17, 2020 | John Ord
Based on the recent guidelines around social distancing due to COVID-19, we wanted to advise you that our team will be working remotely out of the office starting Wednesday, March 18, 2020. Read More >
Market Update: Thoughts from RBC's Chief U.S. Economist
March 16, 2020 | John Ord
Given today’s volatility in the markets today, we wanted to provide you with the most recent views from the Chief US Economist of RBC Capital Markets, Tom Porcelli. Read More >
Article: RBC Capital Markets - Trade-Off between pain and recovery
Market Update
March 13, 2020 | John Ord
Heading into the weekend, we wanted to provide another update on our current thoughts, along with some up-to-date data on the COVID-19 situation. Read More >
Our Most Recent Thoughts on COVID-19, Oil and U.S.. Primaries
March 11, 2020 | John Ord
With several different topics in the headlines recently, we wanted to provide you all with an update on a few in particular: COVID-19; oil markets; and the US primary election cycle. Read More >
Article: RBC Global Asset Management - MacroMemo (COVID-19, Oil, and U.S. Primaries)
Volatility in Perspective
March 3, 2020 | John Ord
As we continue to see large swings in the market (including a very large up day on Monday), we felt it was important to offer some additional context. Regardless of the reason for a market selling off, volatility is a very common and normal part of investing. Read More >
Article: Volatility in Perspective
