When Michael retired at the end of 2023, after almost seven years working together, I welcomed the opportunity to become your trusted advisor and portfolio manager. I’m honoured to have the opportunity to earn your trust and confidence. I look forward to working with you all in providing advice and guidance for your financial affairs as we work together to achieve your goals. While Michael and I worked as a team together in the office, he passed on much of his wisdom, professionalism, and commitment to me, and given our relationship, Michael and I still converse regularly. Accompanying my licensing, designations and professional qualifications, I want to assure you that, like Michael, no one will care more than I about your financial future outside of you and your family.

We are pleased to call Panama City our new home and received our permanent resident cards and “Cedulas” in late January. Our home (condominium) is of high quality and we are very happy with it. The building and grounds are very nice, as is the historic UNESCO heritage community of Casco Viejo (circa 1673) that we live in. Our building was reconstructed from a one-time school, monastery and other uses since the 1800’s. It has been completely restored (the front half where we are, from the ground up) to its original Spanish period character on the exterior as required by law and the interior is like any new modern building in Ottawa or Miami on the inside.

As we turn the page on the first quarter of 2024, we wanted to provide a recap of the market’s performance and highlight some key trends that may impact your portfolio in the coming months.

Mixed Signals: The first quarter presented a complex picture. While economic growth slowed, it did manage to stay positive, extending the current expansion. The Federal Reserve’s decision to continue the pause in interest rate hikes was a welcome development, and many anticipate potential cuts later this year. These factors fueled investor optimism for corporate earnings rebound.

Did you Know that Mandeville’s old client portal will be deactivated on May 13, 2024. If you have not activated your new Mandeville Client Portal Access, please contact Anka Molon at 613-728-0101 or amolon@mandevillepc.com and she will be happy to assist you with the transition.

As the days grow longer, we warmly welcome the arrival of spring – a season of renewal and growth. Just as we set our clocks forward for daylight saving time, it’s a perfect moment to take proactive steps in managing your mortgage goals. Whether you’re considering buying a new home, refinancing, or making strides toward paying down your mortgage, I encourage you to “spring forward” this month!

Our primary goal is to ensure Electronic Funds Transfers (EFTs) and Wire orders are initiated, executed, and approved in a secure manner while meeting the needs of our clients. We want to ensure that you receive your fund requests when you need it; for example, buying a new car or any other purchase.

Please be reminded of the following process to ensure no delays are encountered for funding requests.

As Audrey and I prepare to head south I have been reflecting on how it’s possible to achieve financial independence. Now, financial independence is measured in many ways, but to me, it is being able to do and live how you want when you want.

As we enter 2024 it’s important that we take stock, examine our financial environment, and plan for the calendar year ahead to strategize on how we can increase our income and reduce our taxes.

Did you Know that the Tax-Free Savings Account (TFSA) Contribution Limit increases in 2024. The TFSA contribution limit will increase to $7,000 (from $6,500) for 2024. Don’t know your missed TFSA contribution limit? We can obtain that information for you and your outstanding RRSP limits as well as long as you are registered through us with CRA. We have online CRA access that helps us with your tax planning and access to registered plan limits. This saves you time and allows us to pre-plan and handle contributions for you. Reach out to us if you have not registered yet.

Imagine this: you’ve come across the perfect home, and you’re thrilled to make an offer. But, here’s the key question—should you include a financing condition? The simple answer, especially in today’s environment of rising interest rates, is a categorical yes!

Our primary goal is to ensure Electronic Funds Transfers (EFTs) and Wire orders are initiated, executed, and approved in a secure manner while meeting the needs of our clients. We want to ensure that you receive your fund requests when you need it; for example, buying a new car or any other purchase.

Please be reminded of the following process to ensure no delays are encountered for funding requests.

You may find yourself asking why the last 5 yearsbefore retirement are critical? For many people,retirement has always seemed like a far-off goal.