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Portfolio Review – 3Q2024

The Market In Q3 2024, global growth slowed further under the weight of previous interest rate hikes, however September brought some relief with the U.S. Federal Reserve cutting rates by an outsized 50bps, joining the Bank of Canada and other central banks as...

Portfolio Review – 2Q2024

The Market In Q2 2024, global stock markets experienced mixed results amid varied economic conditions across regions. The S&P 500 achieved a gain of 4.3% during the second quarter, largely driven by significant increases in the technology sector, particularly...

Portfolio Review – 1Q2024

The Market The first quarter of 2024 echoed the familiar optimism that marked the conclusion of 2023. Despite lingering concerns of sustained higher interest rates, there was a prevailing sentiment among capital market participants that these rates, though at...

Portfolio Review – 4Q2023 

Leadership Transition at YouFirst Financial We are pleased to announce a leadership transition at YouFirst Financial, underscoring our commitment to delivering exceptional client service and effective succession planning within our firm. Doug Garner will assume the...

The First Time Home Savings Account (FHSA)

The First Time Home Savings Account Introduced in the 2022 Federal Budget, the First Time Home Savings Account (FHSA) is a registered plan that combines the best features of the TFSA and RRSP in helping Canadians save for their first home purchase.  We hope to be able...

Portfolio Review – 3Q2023

What’s New? The First Time Home Savings Account (FHSA) should be available to our clients at the beginning of December. More info on FHSAs here. An upside to higher interest rates are that High Interest Savings Accounts (HISAs) are now yielding rates of up to 5% and...

Portfolio Review – 2Q2023

The Market US markets pushed higher during the second quarter of 2023 on continued optimism that the end of the Fed’s aggressive rate-tightening cycle is nigh and a “soft landing” may still be possible.  US equity gains were driven by the technology sector rally led...

Portfolio Review – 1Q2023

The Market Markets started the new year on an upbeat tone after a disappointing 2022.  The optimism was cut short as fears of a policy rate overtightening and the collapse of three US tech-focused regional banks dragged risk appetite down and sent waves of volatility...

Portfolio Review – 4Q2022

Year End Reports Enclosed in this YouFirst quarterly Portfolio Review package are your: Portfolio Evaluation Report Annual Performance Report(s) Annual Investment Management Fee Report For non-registered account holders. The following items should be given to your...

Portfolio Review – 3Q2022

The Market Global markets in the third quarter of the year began on an upbeat note in July with some markets recovering over 50% of the year’s losses on optimism of peak inflation.  However, the bear market rally was cut short in the last few weeks of September...

Quarterly Portfolio Review

Portfolio Review – 2Q2021

Portfolio Review – 2Q2021

The Market North American markets closed the second quarter of 2021 at all-time highs, buoyed by persistent investor optimism in the reopening of the economy as well as continued accommodative fiscal and monetary policy by global policy makers. On the home front, the...

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Portfolio Review – 1Q2021

Portfolio Review – 1Q2021

The Market Global stock markets continued a strong upward climb in the first quarter of 2021 with Canadian markets, finally leading the way.  The TSX gained 9% during the quarter as a result of strength in the financial and energy sectors.  Financials have...

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Portfolio Review – 4Q2020

Portfolio Review – 4Q2020

Important Reminders The new year is a great time to top up your Tax-Free Savings Account (TFSA). The annual contribution limit for TFSAs is $6000 for 2021. The RRSP contribution deadline for the 2020 tax year is March 1st, 2021. To ensure arrival in RRSP accounts...

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Portfolio Review – 3Q2020

Portfolio Review – 3Q2020

The Market Canadian and US markets continued their upward ascent from the depths of the March 23, 2020 lows with all-time highs reached for the S&P500 on September 2, 2020 of 3580; a remarkable 60% gain led by the increased concentration of Big Tech stocks in...

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Portfolio Review – 2Q2020

Portfolio Review – 2Q2020

It has been over 20 years since the launch of YouFirst Financial. We would like to extend our sincere thanks to our clients for your loyalty throughout the years, especially during the challenging times of the 2000 Tech Bubble, 2008 Great Recession and present 2020...

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Portfolio Review – 1Q2020

Portfolio Review – 1Q2020

The health and safety of our clients is paramount so we have decided to electronically deliver your quarterly report and statement packages.  Furthermore, if you or anyone in your family has lost income because of COVID-19, the Canada Emergency Response Benefit (CERB)...

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Perspectives from a Millennial

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