Although Canada is still struggling with lower oil prices and a major political scandal in Ottawa, the Toronto Stock Exchange continued to move upwards in April.
It’s been a fantastic start to the year for many markets around the world and the TSX hit a record high on April 24th. With Interest Rates likely on hold in Canada and the United States, we’re also seeing a much better climate for Bonds.
It’s certainly been a major reversal from the rough end we had to 2018. Your quarterly statements will reflect this dramatic upwards momentum.
We’ll be staying pretty close to home for a couple of months now. Let us know if you’d like to book an appointment and we’ll make a plan to get together.
Hope to see you soon!
Bryce A. Borden