As a parent, a quality education is one of the greatest gifts you can give your child. However, the rising costs of tuition and expenses can make higher education seem financially daunting. That’s where the Registered Education Savings Plan (RESP) comes in. In Canada, the RESP is a government-sponsored investment vehicle designed to help parents …
Investing in Your Child’s Future: The Benefits of RESP for Canadians Read More »
As a young Canadian embarking on your journey into the workforce, it’s crucial to lay the foundation for your financial future. One of the most effective ways to secure financial well-being is understanding and leveraging the power of compounding interest. Starting early and investing consistently can unlock substantial benefits and pave the way to long-term …
Harnessing the Power of Compounding Interest: A Path to Wealth for Young Canadians Read More »
The Federal Budget in 2022 proposed to create the Tax-Free First Home Savings Account (FHSA), a newly registered account to help individuals save for their first home. The account became available to Canadians on April 1st, 2023 and will be soon available at Assante in June 2023. Contributions to an FHSA would be tax deductible, and …
Who is Silicon Valley Bank? Silicon Valley Bank largely banked start-ups and venture companies and was never a big lender. The start-up would get its seed capital and put it into Silicon Valley Bank. Silicon Valley Bank would take the deposits and largely invest in securities like Treasuries to capture a yield. If held, these …
In January 2023, Canada and the US announced the unemployment data. The US added over 500,000 jobs in January, and the unemployment rate pushed to its lowest rate since 1969. The stock market in the US fell that day. Most people would believe that with better job data, the stock market would continue its rally …
The Federal Budget in 2022 proposed to create the Tax-Free First Home Savings Account (FHSA), a newly registered account to help individuals save for their first home. As of January 2023, legislation has passed for this new investment account. However, the account will be available to Canadians on April 1st, 2023. Contributions to an FHSA would …
New Account Coming To Canada In 2023: The First Home Savings Account Read More »
A lot has gone on in our market since January 1st, 2022. We have had a war between Russia and Ukraine and experienced the highest inflation in Canada since 1983; we have experienced a very aggressive interest rate hike with the highest rates since the Financial Crisis in 2008, all while our society gets back …
2022 will be remembered as the year of rising interest rates in our economy. Canada has led the charge globally, increasing its interest rates at a torrid pace. The reason for this interest rate increase stems from our inflation issue. Inflation in Canada at its highest point was 8.1%, approximately 4X higher than it has …
The concept of insurance has always been difficult for people to accept. After all, nobody believes they will be sick. It is easier to understand that you will pass away at some point. This is why we have seen that life insurance is the most common policy. However, the statistics show a very different story. …
Surviving an illness is likely, but also expensive Read More »
This year markets have gone through their share of turmoil with high inflation, the war in Ukraine and now with impending interest rate hikes. These factors have led to talks around an impending recession. Usually when the word recession gets thrown around, the fear really sets in for investors. Today we will be looking at …
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Disclaimer | Assante advisory services are offered through Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice. Insurance products and services are provided through Assante Estate and Insurance Services Inc.
We have a team of advisors each specializing in varying portfolio sizes. Please let us know the approx. amount of your investable assets to help us to direct you to the advisor that is best suited to you.
