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VPG Bulletin
April 2024 | First trimester review


Hello everyone,
 
Finally, the temperature is warming up... like the markets since the start of the year.

The first quarter was very good for several sectors and industries, except real estate, still at half-mast.

You will certainly be happy to read your statements and see yields back in positive territory!

For its part, inflation slowed slightly in Canada and the United States. The big question now is to know at what level central banks will finally begin to ease interest rates.

Discover the winners and losers of the first quarter in our quarterly review, available in English and French. We also discuss the prospects of artificial intelligence (AI) and provide an overview of the clouds hovering over the global economy.

In the next edition of the VPG bulletin, we will talk in more detail about Ottawa's recent decision to tax capital gains more, a decision quickly imitated by the CAQ government of François Legault.

See you soon!

 
 
Francis, Michael, Hossein, Jean-Marc and Kristopher

 

How Statistics Canada calculates inflation: A guide to understanding CPI  
 
Image credit: Mohamed Hassan, Pixabay

The Bank of Canada defines inflation as “a persistent rise in the average level of prices over time.” The government-provided inflation metric is called the consumer price index, or CPI. But how is this CPI rate calculated? A simple average of prices in Canada wouldn’t accurately represent how the average Canadian spends their money, or how their purchasing power is increasing or decreasing.

Read more
 

10 mini floating chalets for your summer vacation   

Image credit: Bora Boréal

When it comes to serene cottage rentals, Eastern Townships are at the top of the list. It’s known as the garden of Québec, with tree-covered mountains, rolling hills, and tranquil lakes. The cities and towns in the region are filled with delicious restaurants, and boutiques that are a shopper’s dream. There are wineries and fromageries and a beautiful monastery.

Read more
 

Missed a previous edition of the VPG bulletin?

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Francis Sabourin
Portfolio Manager
Investment Advisor
Tel.: 514.989.4844  •  Email
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Francis Sabourin
Wealth Management

1250 René-Lévesque Blvd. West
Suite 1500
Montréal, QC  H3B 4W8

www.FrancisSabourin.com


The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson Wealth Limited or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson Wealth Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Richardson Wealth is a trademark of James Richardson & Sons Limited, used under license.
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