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Estate planning for your family's vacation home

Estate planning for your family's cottage Estate planning for a family cottage involves making arrangements to ensure the smooth transfer of ownership and management of the property to your chosen beneficiaries. Here are some key considerations for estate planning regarding a family cottage: Will or Trust: A will is a legal document that ou...

High Interest Savings Funds for Canadians

High Interest Savings (HISA) Funds in Canada Terry Patrick Pitz6 minutes ago2 min readHigh Interest Savings (HISA) Funds in CanadaWant to read more?Subscribe to www.deltacreek.net to keep reading this exclusive post. Subscribe Now0 views0 commentsPost not marked as liked

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Value of a Canadian Financial Advisor The value of a financial advisor can vary depending on individual circumstances and needs. Last year, full-service advisors added value of 3.90%, up from 3.85% in 2021. Behavioral coaching efforts once again added the most value, at 195 basis points (up from 193 bps the year prior). 1 Here are some....

The U.S. economy continues to power ahead, transitioning from the shortest recession in its history firmly into expansion territory despite falling slightly short of expectations in the second quarter.
Equity markets are also entering a new mid-cycle phase.

In his latest commentary, Jeff Schulze examines the history to show how this shift could bring buying opportunities, and why there is still plenty of money to be made in these markets.

AOR Update: Mid-Cycle Transition No Reason to Sell THIS SITE IS INTENDED FOR CANADIAN INSTITUTIONAL INVESTORS ONLY. IT IS NOT INTENDED FOR THE GENERAL PUBLIC OR FOR INVESTORS THAT DO NOT RESIDE IN CANADA BY ACCEPTING THIS TERMS OF USE AGREEMENT, YOU CONFIRM THAT YOU ARE ENTITLED, UNDER THE SECURITIES LEGISLATION OF YOUR PROVINCE OF RESIDENCE, TO PUR...

Consumer-fueled economy pushes U.S. GDP to 6.4% first-quarter gain

It marked the second-fastest pace for U.S. growth since the second quarter of 2003 and was exceeded only by the reopening-fueled burst of Q3 in 2020.

Initial jobless claims fell to a fresh pandemic-era low but were higher than expected.

Read more https://conta.cc/3t3i4uG

Battle Brewing Among 1st North American Ether ETF's

A three-way battle is brewing in Canada as the first ether ETFs in North America began trading yesterday.

The Purpose Ether ETF (ETHH), Evolve’s Ether ETF (ETHR) and the CI Galaxy Ethereum ETF (ETHX) all got the green light from Canadian securities regulators to launch on the same day, leveling the playing field and giving each fund an opportunity to take the lead in this new category.

Ether is the native cryptocurrency of the Ethereum blockchain, a platform for running a wide variety of decentralized applications.

Read more: https://conta.cc/3sD8nD0

US Housing Starts surge 19.4% in March, Building Permits rise 2.7%

Housing Starts in the US rose 19.4% on a monthly basis in March following February's sharp decline of 11.3%, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Friday.

Further details of the publication revealed that Building Permits, which fell 8.8% in February, increased 2.7% in the same period.

https://www.fxstreet.com/news/us-housing-starts-surge-194-in-march-building-permits-rise-27-202104161233

Crypto flagship Coinbase jumps 11% after stormy Nasdaq debut

Coinbase Global Inc shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.

The debut, done through a direct listing where no shares are sold ahead of the opening, marked another milestone for bitcoin and other digital assets and came amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms.

https://www.thechronicleherald.ca/business/reuters/coinbase-shares-jump-10-day-after-nasdaq-debut-576253/

Canada's Dollar Looks to Extend Outperformance Deeper Into 2021. Against the reflation-trade backdrop and relative calm in equity markets, the Bank of Canada signaled it will slow quantitative easing.

That’s fueled the currency’s largest quarterly return in years against two haven counterparts: the yen and Swiss franc.

Even versus the US dollar, which defied dour forecasts to post its best quarter in a year, the Loonie rose more than 1%, and it’s just behind the British pound for the title of best major currency so far this year.

“The Canadian recovery will be impressive in the second half, with growth projections revised up,” said John Velis, a strategist at BNY Mellon, who is long the loonie versus the dollar.

https://conta.cc/3rO9JKB

Biden will unveil a more than $2 trillion package in infrastructure spending on Wednesday. The plan would raise the corporate tax rate to 28% to fund it, an administration official told reporters Tuesday night.

The White House said the tax hike, combined with measures designed to stop offshoring of profits, would fund the infrastructure plan within 15 years.

U.S. equities rose on Wednesday as investors weighed the potential impact from President Joe Biden’s infrastructure spending plan. The S&P 500 climbed 0.6%, hitting a fresh intraday record high.

https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html