A few topics our newsletter touches on this week:
- Our Thoughts
- New episodes in RBC podcast series “10 Minute Take”
- Resource - How Can I Get Help? A guide to financial support measures for Canadians
- Long read - Global Portfolio Advisory Committee Market Update
- Distraction content (for kids and adults)
Our Thoughts
Amid the first few signs of spring we have been taking stock of the whirlwind that has been the last few weeks. The curve has been flattening, and governments have cautiously been developing criteria for reopening their economies and both of these things have given a boost to the markets. Our team is finishing week six of work-from-home and like many of you, we have begun adjusting to this new normal. We hope you are staying safe and finding avenues for entertainment, creativity and connection during this time.
For those that need additional financial support owing to business/employment interruption (for either yourself or a family member), we have linked below to a summary guide on available support measures introduced by the federal government.
This week’s market update & “10 Minute Take” episode topics highlight some optimism around the timeline for re-opening economies around the world, while digging deeper into the oil crisis and other lingering risks that are still present
The 10 Minute Take – RBC Podcast Series *new episodes*
New episodes will get posted regularly to discuss various issues front and center during the COVID-19 crisis. Recent highlights include episodes about the collapse of oil prices and the opportunity in sustainable investing. Check out the latest episodes here.
Resource - How Can I Get Help? A guide to financial support measures for Canadians
The Government of Canada and financial institutions have taken action to announce financial support programs for Canadians. RBC remains committed to keeping you informed about initiatives to support you during this time. We have issued this guide to summarize the various economic relief measures that have been announced to date. The information provided is as of April 16, 2020 and provides links to more updated material. Click here to read.
Long read - Global Portfolio Advisory Committee Market Update
The rate of new COVID-19 infections appears to be slowing in North America and Europe, and equity markets have made up some of their lost ground. But even as markets anticipate that major economies will start to reopen sooner rather than later, the historic plunge in the price of crude oil highlights the complex challenges facing major economies. Our Portfolio Advisory Group appraises the evolving situation and the implications for equities. Please take some time to review this three page market update.
Distraction content
For kids and grandkids:
- Seussville, Random House Children’s Books: Activities, crafts, and printables. (Don’t we all want to check this out?)
- Todd Parr Fun!: Printable and online activities from always positive author Todd Parr. Be sure to check out the Things That Make You Feel Good activity book.
- Vroom by Bezos Family Foundation: A free app and website with brain building tips for kids 5 and under.
For adults:
- Need something other than Netflix? Try eBooks and audiobooks to pass the time – you can download the Libby app by OverDrive to borrow from your local public library.
Our team is here for you
We are all working remotely, so the best way to communicate with us continues to be by phone, e-mail or video chat. We are also available if you have friends or family who might be seeking a consult on their portfolio, wealth or estate planning goals.
Regards,
Mark, Peter, Sarah, Corinne & Andrea