Lorraine

About Lorraine Borek

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So far Lorraine Borek has created 39 blog entries.

Update from the CEIRP Office: September 2020

Reminder about CEIRP’s dedicated Investment and Retirement Managers at Canada Life The fastest way to successfully reach your goals is having a plan. This is especially true for  those close to retirement. Were you aware that Canada Life has three Investment and Retirement Managers dedicated to CEIRP members? They can help you: Create a plan [...]

By |2024-03-11T15:34:38-04:0024/09/2020|Uncategorized|

Market Matters: August 2020

Highlights: Global stock markets extended their summer-long run. Bond markets checked back, with longer-term bonds hit hardest. Expectations for market volatility rose with stretched stock valuations, the approach of the U.S. presidential election and concerns for a COVID-19 second wave. Amidst a risk-on sentiment, oil prices rose sharply, while gold and the U.S. dollar weakened. [...]

By |2021-02-26T15:55:49-05:0024/09/2020|Market Matters|

Update from the CEIRP Office: August 2020

An update about the RRSP Email Campaign: There has been a great response to our email campaign to encourage the Federal Government to allow our members and other Canadians to “borrow” from their RRSP with no tax implications during the pandemic. But there’s still more we need to do in order for this plan to [...]

By |2024-03-11T15:34:27-04:0027/08/2020|Uncategorized|

Market Matters: July 2020

Highlights: GLC and Mackenzie join forces to become the largest asset managers in Canada. S&P 500 turns positive on the year and the price of gold hits an all-time high, while bond yields fell to all-time lows. COVID-19 case number progress (or lack thereof) remains key factor in economic outlook. Global stock markets rebound while [...]

By |2021-02-26T15:57:02-05:0027/08/2020|Market Matters|

Email Campaign: Temporary Emergency Program

In April, the CEIRP, the IATSE and the DGC joined in lobbying the Federal government to institute a temporary emergency program, similar to the Home Buyers and Lifelong Learning plans, which would allow an individual to “borrow” from their RRSP with no tax implications. There has been no announcement made as yet by the Department [...]

By |2024-03-11T15:33:40-04:0028/07/2020|Uncategorized|

Even During a Pandemic, There are Options for Managing Your Personal Debt

Even During a Pandemic, There are Options for Managing Your Personal Debt In early spring, when the Federal government began releasing its plan to help Canadians during the pandemic, it also asked the banks to lower their credit card interest. They knew that Canadians would likely be using their cards more often to order groceries, [...]

By |2024-03-11T16:10:37-04:0024/07/2020|Uncategorized|

Taking a Mid-Year Financial Snapshot

Taking a Mid-Year Financial Snapshot We can agree that 2020 has been a difficult year financially for millions of Canadians. When the state of emergency started, many of you were likely starting projects that have since been postponed or cancelled. Now four months later, the good news is that many jurisdictions are heading into Phase [...]

By |2024-03-11T16:08:13-04:0024/07/2020|Uncategorized|
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