“Savings, remember, is the prerequisite of investment”- Campbell McConnell TFSA 2020 Contribution Limit Announced This week, the Canadian Government confirmed the 2020 TFSA space to be $6,000. This was as expected. The annual space is calculated using a specific formula and is indexed to inflation to the nearest $500. The 2018 amount was $5,500 and the… Read More
“The best thing about the future is that it comes one day at a time” – Abraham Lincoln Weekly Update – By The Numbers North America Friday Close Weekly Change Weekly % Change YTD % Change Canada – S&P TSX Composite 16,955 -74 -0.43% 18.38% USA – Dow Jones Industrial Average 27,876 -129 -0.46%… Read More
Market update for week ending November 8, 2019. Included: 2020 CPP Max Pensionable Earnings Set; Wealthview Update; Weekly Update By The Numbers
“Capital is that part of wealth which is devoted to obtaining further capital” – Alfred Marshall Wealthview Update – How to Access the Revamped Client Portal You will need to re-register to gain access to your client portal on Wealthview. Here’s what you need to do: Follow the link in the email FundEX Wealthview… Read More
Election Results Justin Trudeau’s Liberals survived a difficult election year to emerge with a minority government after Monday’s vote. The Liberals won 157 seats (a loss of 27 seats), beating the 121 seats (a gain of 22 seats) for Andrew Scheer’s Conservatives. Jagmeet Singh’s New Democratic Party won 24 seats, the Bloc Québécois won 32… Read More