Reflection of reality

March 26, 2020 |Simona Vasilescu
The serious human toll and adverse economic and financial market consequences of COVID-19 continue to mount as the virus spreads further throughout North America and penetrates deeper in Europe. As a result, the global equity selloff has persisted with...
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New measures to assist taxpayers during COVID-19 pandemic

March 21, 2020 |Simona Vasilescu
RRIF minimum payment proposed to be reduced by 25% for 2020 and income tax filing and payment extensions Both the Canadian and United States (U.S.) governments have introduced a number of measures to help alleviate financial hardship for Canadian resident...
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Going to extremes

March 18, 2020 |Simona Vasilescu
As more of North America and Europe shuts down in order to mitigate the rapid spread of COVID-19, a recession in both regions looks more likely. This reality, combined with the still numerous uncertainties about the disease’s toll and duration, has inflicted...
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Update on COVID-19 (Coronavirus): advice for clients and external visitors

March 12, 2020 |Simona Vasilescu
At RBC Wealth Management, the health and safety of our clients and employees is our top priority. We are closely monitoring COVID-19 and its potential impact on our business activities globally. We are also taking precautionary measures to minimize the...
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