Well, it’s been a pretty crazy year, but overall, a pretty good one. We’ve seen record highs in US and Canadian Stocks and we’ve also seen the Indexes of a number of European Countries hit record highs too. On top of that, we’ve seen strong growth in the Emerging Markets in 2017. While we did see Interest Rates rise earlier in the year, the Bank of Canada did not raise rates again at the end of October. Bonds have stabilized since that time and job numbers in Canada have continued to go up this year.
As a reminder to all those who have Investment Loans, you will notice that your monthly payments have been adjusted. B2B Bank sent out notices about this and has increased payments on many Interest Only Loans. Please feel free to contact me if you’ve got any questions regarding these changes.
Lastly, I’ll remind everyone again that we’re now putting passwords on any PDFs with sensitive information on them before we email them out to clients. For all of you that I’ve sat down with in recent months, you’ll have noticed more Disclosure Documents that discuss privacy. Going forward, I’ll ask clients to also put a password on any sensitive information that is being emailed to me. You can call me to give me the password if we haven’t discussed it previously.
We’ll be closing up for the Christmas Holidays as of December 22nd. We’ll be going hard right up until then so please, give us a shout if you’d like to get together before 2018!
Bryce A. Borden
