Gold Enters Bear Market

Just wanted to touch base and briefly remind you why we took such a diversified and defensive position in our portfolio. One cannot predict when and where the next downdraft in a security or commodity will take place. For example, look at the carnage in the metals...

2013 Federal Budget

The 2013 federal budget was released on March 21, 2013 and a number of new tax rules were proposed.  During difficult economic times our government’s main focus for raising revenues was aimed at eliminating tax “loop-holes” and perceived tax advantages.  A...

World Bank Cuts Growth Forecasts

As you can appreciate, my sentiment was cautious leading into the end of 2012 with the Bush era tax cuts set to expire. As suspected, U.S Congress came through at the last minute with their usual political posturing leading to the final vote. Now that we avoided the...

Canadian Mortgage Changes

If you look at any recent housing market survey, you’ll notice a common trend. The Canadian real estate market is cooling, but definitely not popping. In spite of this, the Government of Canada has announced more changes to government-backed insured mortgages in...