General Housekeeping and What We’re Reading
JCIC Speaker Series
Save the Date! April 24, 1 p.m.
Q1 2023 Webinar. Please join Cameron Scrivens, President and Portfolio Manager, and Kai Lam, Chief Investment Officer, as they review the first quarter of 2023 and give insights into what we could expect to see for the balance of the year.
We invite you to submit any questions you may have prior to the event. You may submit inquiries at the time of registering for the event.
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Dates to Watch
April 12 – the Bank of Canada delivers its next policy rate decision. The same day, the U.S. Bureau of Labor Statistics will release its monthly Consumer Price Index for March. Both will be watched closely for signs that inflation is cooling.
April 18 – Statistics Canada releases its latest inflation print for March.
April 28 – Canadian February GDP released.
May 3 – The U.S. Federal Reserve’s Federal Open Market Committee announces next policy rate decision.
A Letter to Clients and Colleagues
JCIC co-founder Douglas Jones is moving into full-time retirement at the end of the month. Please take moment to read a note extending his deepest appreciation for your support and loyalty over the past 30 years. Read More.
What we’re reading…
Noteworthy and notable articles, reports and other writings that caught our eye this past month (links may be paywalled. Please get in touch if interested in following up.):
Worried About a Recession? A Few Things to Consider – There are numerous financial stressors out there right now. Some timely reminders on how to approach your money management, including seeking out trusted sources for advice. – Morningstar.ca
Rising Rates Are Exposing Weak Spots in the Financial System – The next flashpoint could be commercial real estate – Financial Post
Federal budget highlights –
o Budget 2023 Shuts Down Loopholes Left in Bill C-208 – Investment Executive
o Feds Target High Earners with Alternative Minimum Tax Reforms – Investment Executive
Canada’s Population Boom – For the first time, Canada’s population growth exceeded one million people in 2022, fueled almost entirely by newcomers. – The New York Times
In Books – The Total Money Makeover Takeover: A Proven Plan for Financial Fitness by Dave Ramsey – amazon.ca or please contact us for a new copy.
NEWSLETTER
Disclosure:
Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The opinions expressed in the newsletter are those of JCIC Asset Management, its editors and contributors, and may change without notice. Any views or opinions expressed in the newsletter may not reflect those of the firm as a whole. The information in our newsletter may become outdated and we have no obligation to update it. The information in our newsletter is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. We strongly advise you to discuss your investment options with your Relationship Manager prior to making any investments, including whether any investment is suitable for your specific needs.
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