PIM Portfolio Update

May 16, 2024 |Paul Belous, CIM - Senior Portfolio Manager
Markets continue to move higher as the economy remains strong and we have seen inflation flatten. It has not reached the Federal Reserve target of 2% and I truly have my doubts it will but it has stopped rising so that is a positive and the markets like...
Read more

Market Commentary - May

May 02, 2024 |Paul Belous, CIM - Senior Portfolio Manager
April has proven to be a little choppy, and we’ve seen more of a pause happening in the good move we saw in the first quarter. Inflation has proven to be a challenge, and this has readjusted expectations of any interest rate cuts happening soon – instead...
Read more
Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts

Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts

May 01, 2024 |Nathan Janzen and Claire Fan
Proof point: The timing and magnitude of interest rate cuts from the Bank of Canada will be determined by domestic economic and inflation conditions and not the gap in monetary policy with the U.S. Federal Reserve or the value of the Canadian dollar....
Read more

Video: The Wealthy Barber: Settling estates and being an executor is becoming more complicated

April 30, 2024 |RBC Wealth Management

Being an executor can be stressful. Are you ready for the job ahead?

Read more

Video: The Wealthy Barber’s ageless estate planning advice

April 30, 2024 |RBC Wealth Management

David Chilton's guidance on Wills, powers of attorney hasn't changed

Read more
How lowering the number of non-permanent residents will impact Canada’s economy

How lowering the number of non-permanent residents will impact Canada’s economy

April 05, 2024 |Nathan Janzen
Federal government efforts to limit non-permanent resident arrivals will likely slow the pace of gross domestic product growth in 2025 and beyond. However, per-capita GDP, the unemployment rate, broader inflation pressures, and interest rate expectations...
Read more

Market Comment - April

April 04, 2024 |Paul Belous, CIM - Senior Portfolio Manager
The first quarter has come to a close and it has been a very strong one for markets. The U.S. Federal Reserve and the Bank of Canada have both held interest rates with the conversation still leading toward possible cuts. Earnings and growth for corporations...
Read more

PIM Portfolio Update

March 19, 2024 |Paul Belous, CIM - Senior Portfolio Manager
Today we await the Federal Reserve decision which is more then likely to hold steady on rates. The surprise has been the economy still going strong in the U.S. which may lead the Federal Reserve to stretch the timing of a rate cut decision out even further...
Read more
BoC holds rates steady in March

BoC holds rates steady in March

March 07, 2024 |Claire Fan, Economist, Royal Bank of Canada

The Bank of Canada (BoC) held the overnight rate unchanged for a fifth consecutive meeting, extending a pause that started after the last hike in July last year. 

Read more

Market Commentary - March

March 01, 2024 |Paul Belous, CIM - Senior Portfolio Manager
North American stock markets continued their upward trend in February. We finally started to see the rally move into other areas rather than the seven stocks that have been receiving all the attention. I do feel the excitement around the Federal Reserve...
Read more