Dear Valued Clients & Friends,
Enclosed is our March 2015 Investment News for your review.
All major indices in Canada and the U.S. are up year to date, and we are now into the 6th year of the bull market which began in March of 2009, from the depths of the financial crisis. Thank you to you, our clients, for your patience and discipline over this time period.
The Great Recession of 2007-2009 was the worst since the Great Depression. The markets today in Canada and the U.S. are all at or close to all-time highs.
Interest rates remain very benign which is good for people borrowing money, but far less positive for investors, and the fixed income side of their portfolios.
As always, we are here to help and no question is ever too small.
Tax packages are in the process of being put together and mailed out to every client who needs them. We encourage clients with a non-registered account to wait until the 2nd week of April to file their tax returns in order to ensure that they have received all of their necessary tax documents.
February has been a bitterly cold month, yet the days are getting longer and spring is around the corner!