Most major market indexes rallied through the course of the week both in anticipation of, and following, the U.S. Election. The final voting day was Tuesday November 3rd. The first to reach 270 Electoral Votes will be the presumptive winner. Virtually all major news outlets give Biden the current lead in the “Race to 270”,… Read More
Myles Zyblock, Dynamic Funds’ Chief Investment Strategist, offered the following insights around the U.S. economy this week: U.S. Economy: Q3 GDP and Beyond The world’s largest economy is in recovery mode. U.S. consumer spending has made an impressive comeback, manufacturing activity has firmed, and the stabilization in international markets is supporting trade. The second-quarter GDP… Read More
On Wednesday, Members of Parliament voted on a Conservative motion intended to create a special committee to probe the government’s ethics and its spending through the pandemic. Prime Minister Trudeau countered with his own proposal for a more narrowly-mandated ethics committee into the government’s COVID-19 spending only; however, he also stated on Tuesday that Canadians… Read More
North America Friday Close Weekly Change Weekly % Change YTD % Change Canada – S&P TSX Composite 16,439 -124 -0.75% -3.66% USA – Dow Jones Industrial Average 28,606 19 0.07% 0.24% USA – S&P 500 3,484 7 0.20% 7.83% USA – NASDAQ 11,672 92 0.79% 30.08% Gold Futures (USD) $1,902.90 -$33.40 -1.72% 25.19% Crude Oil… Read More
Please note that our office will be closed on Monday, October 12, 2020, for Thanksgiving Day. We will resume regular business hours on Tuesday, October 13. Happy Thanksgiving to all of you! Applications for the Canada Recovery Benefit open on Monday The Canada.ca website has now been updated with all application details for the Canada… Read More