Special Commentaries

OCT 15 2019 – KID’S FINANCIAL EDUCATION PROGRAM POST-SECONDARY TOPIC 3

Please find the material below for the second topic in our financial education program for post-secondary students: For Parents: Post-Secondary Topic 3 (Small Decisions, Big Impact) Resources for Students: University of Alberta Article ‘Decision Making & Spending’: View on Website MacLean’s Article ‘How Canadian University Students can save for a year of travel’: View on Read More…

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OCT 7 2019 – KID’S FINANCIAL EDUCATION PROGRAM AGES 13-17 TOPIC 2

Please find the material below for the second topic in our financial education program for children ages 13-17: For Parents: 13-17 Topic 2 (Savings Goals) Resources For Students: Canadian Savings Calculator: View on Website Bank of America Article ‘Teen Guide: 5 Steps to Saving for Something You Really Want’: View on Website SwissLife Article ‘The Saving Read More…

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SEPT 30 2019 – KID’S FINANCIAL EDUCATION PROGRAM AGES 9-12 TOPIC 2

Please find the material below for the second topic in our financial education program for children ages 9-12: For Parents: 9-12 Topic 2 (Save Money for a Rainy Day) Resources for Children: Warren Buffet’s Secret Millionaires Club Webisode ‘Lawn & Order’: View on YouTube TheMint.org ‘5 Simple Saving Tricks’: View on Website TheMint.org ‘Cash Calculator’: View Read More…

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SEPT 11 2019 – KID’S FINANCIAL EDUCATION PROGRAM POST-SECONDARY TOPIC 2

Please find the material below for the second topic in our financial education program for children ages post-secondary: For Parents: Post-Secondary Topic 2 (Tracking Your Spending) Resources for Students: Globe and Mail Article ‘If Budget Bums You Out, Try Renaming It’: View on Web or View PDF MacLean’s Article ‘Best Budgeting Apps for University Students’: Read More…

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SEPT 4 2019 – KID’S FINANCIAL EDUCATION PROGRAM AGES 13-17 TOPIC 1

Please find the material below for the first topic in our financial education program for children ages 13-17: For Parents: 13-17 Topic 1 (All About Allowance) Resources for Students: 1. Youth Spending Plan Worksheet: Download Excel Spreadsheet  

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AUG 30 2019 – KID’S FINANCIAL EDUCATION PROGRAM AGES 9-12 TOPIC 1

Please find the material below for the first topic in our financial education program for children ages 9-12: For Parents: 9-12 Topic 1 (Back to School Budget) Resources for Children: Practical Money Skills Canada ‘Back-to-School Budget Calculator’: View on Website Warren Buffett’s Secret Millionaires Club Webisode ‘Why Pay More?’: View on YouTube  

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AUG 14 2019 – FINANCIAL EDUCATION PROGRAM – POST-SECONDARY TOPIC 1

We are excited to be offering a Children and Young Adult’s Financial Education program. We are providing material for three distinct age cohorts: 9-12, 13-17, and 18+. Please find the material below for the first topic in this series. For Parents: Post-Secondary Topic 1 (Cash Flow) Resources for Students: New York Times Article ‘How to Read More…

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AUG 2 2019 – BDF CLOSED MONDAY, AUGUST 5TH

Please note our office will be closed on Monday, August 5, 2019 for the Heritage Day Holiday. Our advisors will still be available this date via email and cell phone. We will resume regular office hours on Tuesday, August 6th at 8:00am. Wishing you a very happy long weekend!

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APR 16 2019 – BDF Office Closed April 19th & 22nd

Please note our office will be closed this Friday, April 19th and Monday, April 22nd for the Easter Long Weekend. Our Financial Planners are still available via email and cell phone both of those dates. Our office will resume regular business hours at 8:00am on Tuesday, April 23rd. On behalf of our team, we wish Read More…

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NOV 9 2018 – OFFICE CLOSED FOR REMEMBRANCE DAY MONDAY, NOV 12, 2018

Please note our office will be closed on Monday, November 12th in lieu of the Remembrance Day holiday. Our advisors are still available via email and cell phone this date. Our office will resume regular business hours on Tuesday, November 13th.

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OCT 5 2018 – OFFICE CLOSED MONDAY, OCTOBER 8

Please note our office will be closed on Monday, October 8th for the Thanksgiving holiday. Our advisors will still be available via email this day. We will resume regular office hours on Tuesday, October 9th. We wish everyone a very happy Thanksgiving!

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AUG 29 2018 – BDF OFFICE CLOSED MONDAY, SEPT 3

Our office will be closed on Monday, September 3rd for the Labour Day holiday. Should you require any assistance this date, our advisors are still available via email and cell phone. We will resume regular business hours on Tuesday, September 4th. On behalf of our team, we wish you a very happy and safe long Read More…

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Mar 29 2018 – BDF CLOSED FOR EASTER LONG WEEKEND

Please note our office will be closed on Friday, March 30 & Monday, April 2 for the Easter long weekend. Should you require assistance on these dates, our advisors are still available via email and cell phone. We will resume our regular office hours on Tuesday, April 3, 2018. On behalf of our entire team, Read More…

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FEB 16 2018 – BDF CLOSED MONDAY, FEBRUARY 19

Our office will be closed this upcoming Monday, February 19th for the Family Day Holiday. Should you require assistance, our advisors will still be available via email and cell phone. We will resume regular office hours at 8:00am on Tuesday, February 20th. On behalf of our entire team, we wish you and your families a Read More…

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FEB 12 2018 – RRSP DEADLINE REMINDER

This is a friendly reminder that the cut-off date for making RRSP contributions which count towards reducing your income for 2017 is March 1st, 2018. Please note that in order to ensure any last minute contributions count towards this deadline, we will need to receive your instructions or deposits prior to this date. Below is Read More…

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DEC 20 2017 – BDF HOLIDAY HOURS 2017

Please note our office is closed for Christmas Holidays this year from Friday, December 22 at 4:00pm through Monday, January 1, 2018. If you require urgent assistance during the dates we are closed, your Financial Planner will still be available via e-mail and cell phone. We will resume our regular business hours at 8:00am on Tuesday, January Read More…

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DEC 6 2017 – BDF CLOSED IN AM THURSDAY, DECEMBER 7

Please note our office will be closed in the morning on Thursday, December 7, 2017 as our team will be out of the office volunteering with the Edmonton Food Bank. Our Financial Planners will still be available intermittently via email and cell phone, should you have an urgent matter. We will re-open for regular office Read More…

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NOV 9 2017 – BDF OFFICE CLOSED FRIDAY, NOVEMBER 10

Please note our office will be closed on Friday, November 10 in lieu of Remembrance Day. Should you have an urgent request on Friday, our Advisors are still available via e-mail and cell phone. Our office will resume regular business hours on Monday, November 13.

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OCT 6 2017 – OFFICE CLOSED MONDAY, OCTOBER 9TH

Just a reminder our office will be closed on Monday, October 9th for the Thanksgiving Holiday. Should you have an urgent matter on this date, our Financial Advisors will still be available via email and cell phone. On behalf of our team, we’re wishing everyone a very Happy Thanksgiving!

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SEPT 7 2017 – DIXON MITCHELL MONTHLY REPORT: SEPTEMBER

Please find a link below to the most recent September Monthly Report from one of our Investment Counsellors, Dixon Mitchell: DM-Monthly-Report-Sep-17

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SEPT 1 2017 – Office Closed Monday, September 4th

Please note our office will be closed on Monday, September 4th, 2017 for the Labour Day Holiday. Should you require assistance on September 4th, your Financial Planner will still be available via email and cell phone. Our office will re-open with regular business hours on Tuesday, September 5th. Wishing you and your families a very happy Read More…

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JUN 29 2017 – Update on our Sponsored Student, Clayda

As many of you may remember, for several years we have sponsored a student, Clayda Paucar Vilca, through her studies in International Business Administration at the Khipu Institute in Cosco, Peru. She recently had her graduation ceremony from Khipu, so we wanted to share some of the photos we received. We’re sending her our warmest Read More…

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JUN 22 2017 – DIXON MITCHELL SUMMER 2017 COMMENTARY

Please find a link below to the Summer 2017 Commentary from Dixon Mitchell Investment Counsel. In this report, they discuss company cash flow and dividends: DM-Monthly-Report-Summer-17

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JUN 1 2017 – GUARDIAN CAPITAL PERSPECTIVES MAY 2017

Guardian Capital has shared their Perspectives Article for the month of May, entitled “Too Good To Be True”. Read on: GCA_Perspectives_May2017.

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MAY 16 2017 – DIXON MITCHELL MONTHLY MAY

Please find a link below to the May 2017 Monthly Report from Dixon Mitchell Investment Counsel. This month’s report discusses growth of the U.S. economy and North American stocks, and includes their feature stock, Alphabet Inc. (GOOGL). DM-Monthly-Report-May-17

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MAY 5 2017 – GUARDIAN CAPITAL PERSPECTIVES APRIL 2017

Guardian Capital has shared their monthly Perspectives article, “Dollars Without Borders”, which provides a look at the current investing versus political landscape. View the pdf: GCA_Perspectives_Apr2017.

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MAY 1 2017 – DIXON MITCHELL INTERIM COMMENTARY: HOME CAPITAL GROUP

Please find a link below to Dixon Mitchell’s Interim Commentary on the sale of Home Capital Group Inc. As always, should you have any questions please feel free to get in touch with us. HCG-comment-May-17

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MAY 1 2017 – BCV BULLETIN: HOME CAPITAL GROUP INC.

Please find a link below to a Bulletin regarding the sale of Home Capital Group Inc. from one of our Portfolio Managers, BCV Asset Management. (20170501) BCV Bulletin- Home Capital Group Inc.

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APR 21 2017 – GUARDIAN CAPITAL QUARTERLY COMMENTARY

Guardian Capital Advisors has shared their Quarterly Commentary for Q1 2017, entitled Breaking Concentration. Please find a link to the pdf below: GCA_Commentary_2017_Q1. Should you have any questions, please let us know and we would be happy to put you in touch with your Portfolio Manager.

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APR 21 2017 – DIXON MITCHELL APRIL MONTHLY REPORT

Please find a link below to the April Monthly Report from one of our Investment Counsellors, Dixon Mitchell: DM-Monthly-Report-Apr-17

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APR 13 2017 – BDF OFFICE CLOSED FOR EASTER LONG WEEKEND

Please note that our office will be closed Friday, April 14th and Monday, April 17th for the Easter Long Weekend. We will resume our regular business hours on Tuesday, April 18th. Should you require urgent assistance during these times, you can still reach your Financial Advisor by email or cell phone. On behalf of everyone Read More…

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APR 4 2017 – DIXON MITCHELL Q1 PORTFOLIO COMMENTARY

Included below is a link to the Q1 2017 Portfolio Commentary from one of our Investment Counsellors, Dixon Mitchell. Should you have any questions, please get in touch with us. DM-Portfolio-Commentary-Q1-17

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MAR 30 2017 – ANTARES TRADE UPDATE

Please find a link below to a trade update for Antares’ Total Equity mandate. Included are their comments on the purchase of Canadian Utilities Ltd. and the sale of Markel Corp. 17-03-29 Total Equity Update Should you have any questions please don’t hesitate to reach out to us.

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MAR 24 2017 – FEDERAL BUDGET 2017 SUMMARY

On Wednesday, March 22nd the Minister of Finance, Bill Morneau, announced the 2017 Federal Budget. Please find a detailed summary of the changes in the link below: Federal Budget 2017 Summary Should you have any questions or concerns, please get in touch.

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MAR 17 2017 – TAX SLIP MAILING DATES

Included below are the tax mailing slip schedules from both National Bank and Credential Securities. Please be sure to review these schedules to ensure you receive all your slips before filing your taxes. 2017 -NBCN Tax Slip Mailing 2017 -Credential Tax Slip Mailing In addition, there are a couple of extra slips expected for BCV Read More…

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MAR 16 2017 – BCV RECENT BNN APPEARANCE

Included below is a link to Todd Johnson’s appearance on BNN’s Business Day segment on Monday March 13th. In this appearance, Todd discussed the impact of the Canadian Broadcasting Corporation allegations of unethical sales practices in TD Canada Trust’s branches. Todd’s comments focused on the impact of these allegations on the short- and long-term performance Read More…

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MAR 16 2017 – GCA PERSPECTIVES

Below is a link to recent brief article from one of our Investment Counsellors, Guardian Capital, on portfolio strategy in light of the market’s advances of late. While of late, they have been trimming back holdings that have exceeded their target allocations, they remain confident in the variety of underlying businesses that they are investing Read More…

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MAR 14 2017 – DIXON MITCHELL MARCH MONTHLY REPORT

Please find a link below to the most recent March monthly report from one of our Investment Counsellors, Dixon Mitchell. In this report, they discuss recent portfolio activity, their feature stock, Apple Computer (AAPL), and when to fully liquidate a position. DM-Monthly-Report-Mar-17 Should you have any questions, please don’t hesitate to reach out and we Read More…

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FEB 23 2017 – BCV BULLETINS: RECENT ADDITIONS TO THE U.S. EQUITY MODEL PORTFOLIO

BCV Asset Management have recently added Analog Devices Inc. and FedEx Corporation to their United States Equity Model Portfolio.  Included below is a Bulletin for each company, providing a brief overview of the company and the rationale for adding these companies to the model. These companies will be added at the time that new portfolios Read More…

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FEB 21 2017 – DIXON MITCHELL FEBRUARY MONTHLY

Please find a link below to the February Monthly Report from one of our Investment Counsellors, Dixon Mitchell. This report includes their article, “Equity Markets Don’t Play Politics” as well as their feature stock, Stella-Jones Inc. (SJ). View pdf of report: DM-Monthly-Report-Feb-17 As always, should you have any questions or comments, please let us know.  

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FEB 2 2017 – 2016 RRSP & 2017 TFSA Contributions Reminder

This will serve as a friendly reminder of the contribution limits and cut-off dates for RRSP and/or TFSA contributions if you are planning to make one this year. RRSP Contributions: The cut-off date for your RRSP contributions to count toward reducing your income for 2016 is March 1st, 2017. This year’s contribution limit is 18% Read More…

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JAN 19 2017 – GUARDIAN Q4 QUARTERLY COMMENTARY

Please find a link below to the most recent Q4 2016 Quarterly Commentary from one of our Portfolio Managers, Guardian Capital Advisors: 16-Q4 – Guardian Statement Article – Predictably Unpredictable

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JAN 18 2017 – ANTARES Q4 QUARTERLY REPORT

Please find a link below to the most recent Q4 2016 Newsletter from one of our Portfolio Managers, Antares Investment Management: Antares Quarterly newsletter Q4 16

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JAN 17 2017 – DIXON MITCHELL Q4 PORTFOLIO COMMENTARY

Please find a link below to the most recent Portfolio Commentary from Q4 2016, from one of our Portfolio Managers, Dixon Mitchell: DM-Portfolio-Commentary-Q4-16

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JAN 17 2017 – DIXON MITCHELL JANUARY REPORT

Please find a link below to the most recent monthly report from one of our Investment Counsellors, Dixon Mitchell. This report includes their feature stock, General Electric (GE) as well as their article “In Equity Management, Size Can Matter”. Should you have any questions, please don’t hesitate to reach out. DM-Monthly-Report-Jan-17  

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DEC 14 2016 – BDF CHRISTMAS HOLIDAY HOURS

Good Day and Happy Holidays! Please take note our office is closed for Christmas Holidays this year from Friday, December 23rd at 4:00pm through to Monday, January 2nd, 2017. If you require assistance during this time, please contact your advisor directly via email or cell phone. We will resume our regular business hours on Tuesday, Read More…

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DEC 8 2016 – BDF OFFICE CLOSED MORNING OF DEC. 9TH

Please note that our office will be closed this Friday, December 9th from 9:00am-1:00pm. Our team will be spending the morning volunteering with The Mustard Seed, baking goods to be served with their meal program. Should you require any assistance during this time, our advisors are still available by email and phone.  

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DEC 8 2016 – DIXON MITCHELL DECEMBER REPORT

Please find a link below to the December Monthly Report from one of our Investment Counsellors, Dixon Mitchell. This report includes their feature stock, Cdn Natural Resources (CNQ) and discusses investing all at once versus in stages. Should you have any questions, please feel free to contact us. DM-Monthly-Report-Dec-16  

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DEC 1 2016 – ANTARES TRADE UPDATE: TOTAL EQUITY MANDATE

Please find a link below to a recent trade update for Antares’ Total Equity mandate. Included are their comments on the purchase of Rogers Communications Inc. and the sale of Moody’s Corp. 16-12-01 Total Equity Mandate Update Should you have any questions, please don’t hesitate to reach out.  

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NOV 30 2016 – BCV’S TONY DEMARIN APPEARANCE ON BNN

Tony Demarin from BCV Asset Management, appeared on BNN’s Business Day AM segment earlier this week to discuss their expectations for the upcoming Canadian bank earnings announcements. Watch the segment here: http://www.bnn.ca/video/canadian-banks-with-global-exposure-poised-to-perform-better-portfolio-manager~1004628

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NOV 10 2016 – ANTARES SPECIAL COMMENTARY: U.S. ELECTION

In light of the results of the U.S. Election, Antares wanted to share their thoughts on the outcome. Please find a link below to a commentary from their Portfolio Management team. Antares Special Commentary – US Election (Nov 2016) If you have any questions or would like to discuss further, please feel free to reach Read More…

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NOV 9 2016 – DIXON MITCHELL MONTHLY NOVEMBER

Please find a link below to the November Monthly Report from one of our Investment Counsellors, Dixon Mitchell. In this report, they include their feature stock Transforce Inc. as well as their thoughts on the recent U.S. Election. DM-Monthly-Report-Nov-16 Should you have any questions or would like to discuss further, please feel free to get Read More…

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NOV 8 2016 – BCV BULLETIN: RECENT TRADING ACTIVITY (NOVEMBER 2016)

Please find a link below to a BCV Bulletin outlining their rationale for three trades that were executed in certain client accounts earlier this month. In these transactions, existing positions in PrairieSky Royalty Ltd. were fully sold and existing positions in Saputo Inc. were fully sold or reduced, with the proceeds reinvested in Callidus Capital Read More…

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OCT 26 2016 – GUARDIAN CAPITAL QUARTERLY INSIGHT

Please find a link below to the Q3 Quarterly Insight article, entitled “No News is Good News”, from one of our Investment Counsellors, Guardian Capital. Q3 2016 Quarterly Article Should you have any questions, please don’t hesitate to get in touch.  

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OCT 12 2016 – DIXON MITCHELL PORTFOLIO COMMENTARY Q3

Please find a link below to the most recent Q3 Portfolio Commentary from one of our Investment Counsellors, Dixon Mitchell. View Report: DM–Portfolio-Commentary-Q3-16  

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OCT 6 2016 – DIXON MITCHELL OCTOBER MONTHLY REPORT

Please find a link below to the most recent October Monthly Report from one of our Investment Counsellors, Dixon Mitchell. It includes their feature stock, Microsoft, as well as comments on some recent acquisitions by Canadian companies owned in Dixon Mitchell portfolios. Should you have any questions, please feel free to get in touch. View Read More…

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SEP 22 2016 – BCV RECENT BNN APPEARANCE

Included below is a link to an appearance by BCV’s Tony Demarin on BNN’s Business Day AM segment on Tuesday September 20th. In this appearance, he commented on the reason that they recently sold shares of BCE Inc., Fortis Inc. and The Coca-Cola Company from client portfolios. For these three companies, they determined that the Read More…

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SEP 6 2016 – DIXON MITCHELL MONTHLY SEPTEMBER

Please find a link enclosed below to the most recent September monthly report from one of our Investment Counsellors, Dixon Mitchell. It includes their article, “Are we really at the brink of “bond-pocolypse”?” as well as their feature stock, Alimen. Couche-Tard (ATD.B). http://www.blackburndavisfinancial.ca/wp-content/uploads/DM-Monthly-Report-Sep-16.pdf Should you have any questions, please feel free to get in touch. Read More…

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AUG 29 2016 – ROAD ACCESS TO OUR OFFICE

The city has recently closed off the entrance to our parking lot from 75 Street in their preparation for construction of the LRT Valley Line. The easiest way to access our office will now be from Roper Road. Please see the map below indicating in green, the roads to follow to our building. Should you Read More…

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AUG 26 2016 – Q3 Bank Earnings Announcements

Yesterday saw the release of Q3 earnings announcements from 3 major Canadian banks, RBC, TD, and CIBC, all of which are held in client portfolios. These long-time holdings continue to post record profits, which translates into increasing dividends for the investor. Please follow the links below for the articles summarizing the banks’ most recent reporting: Read More…

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AUG 4 2016 – ANTARES UPDATE: TOTAL EQUITY MANDATE

In our continued efforts to keep you informed please find a link below to a memo outlining a few trades that recently took place in Antares Investment Management’s Total Equity Mandate. They have included their comments on the recent purchase of Union Pacific Corp. and the sale of Starbucks Corp. Should you have any questions, Read More…

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JUL 28 2016 – OFFICE CLOSED FOR HERITAGE DAY

Please note that our office will be closed on Monday, August 1st, 2016 for Heritage Day. Should you require urgent assistance on August 1st, our advisors will still be available by both email and phone. We will resume our regular business hours on Tuesday, August 2nd, 2016. Wishing everyone a safe and happy long weekend!

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JUL 12 2016 – DIXON MITCHELL Q2 PORTFOLIO COMMENTARY

Enclosed below is a link to the Q2 Portfolio Commentary from one of our Investment Counsellors, Dixon Mitchell. View the pdf here: DM Portfolio Commentary Q2-16

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JUN 24 2016 – UK EU Referendum Decision

For those of you who are interested in the Brexit issue, here are a few very good summaries of the immediate market reactions and what is likely to come next in the EU. Although the “markets were surprised”, we must remember a few weeks or months from now they will have long forgotten. TD Current Read More…

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JUN 23 2016 – DIXON MITCHELL SUMMER 2016 COMMENTARY

Enclosed below is a link to the Summer 2016 Commentary from one of our Investment Counsellors, Dixon Mitchell. Included is their article Time & Money as well as recent portfolio activity and their feature stock, Open Text Corp. (OTC). Should you have any questions, please do not hesitate to get in touch. DM Monthly Report Summer-16

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JUN 22 2016 – BDF OFFICE CLOSED FRIDAY, JULY 1ST

Please note that our office will be closed on Friday, July 1st, 2016 for the Canada Day Holiday. Should you require urgent assistance on July 1st, Stephen MacDonald and John Davis can both be reached via email or by phone. We wish everyone a safe and happy long weekend!  

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MAY 24 2016 – BCV’S TONY DEMARIN BNN APPEARANCE

Included below is a link to an appearance on BNN’s Business Day AM segment earlier today by Tony Demarin, Portfolio Manager with BCV Asset Management. In this appearance, he commented on their expectations for the upcoming Canadian bank earnings announcements. They expect earnings to be flat or up modestly over the same quarter last year, as pressures from Read More…

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MAY 19 2016 – BDF OFFICE CLOSED VICTORIA DAY

Just a reminder that our office will be closed on Monday, May 23rd, 2016 for the Victoria Day Holiday. We will be back in the office on Tuesday, May 24th. Should you have an urgent request on Monday, you can reach Stephen MacDonald at stephen@blackburndavisfinancial.ca or 780-974-3808. Wishing everyone a safe and happy long weekend!

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MAY 12 2016 – DIXON MITCHELL MONTHLY REPORT MAY

Dixon Mitchell’s Monthly Report for May is now available to be viewed here: DM-Monthly-Report-May-16. This month’s report includes their article “When In Doubt, Go To The Source”, which delves into the importance of the management meeting to their equity investment process, citing Home Capital Inc. as an example. They also highlight their feature stock, CVS Health Read More…

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MAY 5 2016 – ANTARES QUARTERLY NEWSLETTER & TRADE UPDATE

Included below are links to a couple of recent articles from one of our Investment Counsellors, Antares Investment Management. The first is a copy of their Q1 Newsletter. The second is a commentary on the sale of Monsanto Co. in favour of Novartis AG, executed in their Total Equity Mandate. Antares Quarterly Newsletter  Antares Trade Read More…

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APR 25 2016 – GUARDIAN CAPITAL QUARTERLY INSIGHT

Enclosed below is a link to Guardian Capital’s Quarterly Insight piece for Q1 2016, “The Perils of Not Picking Stocks”. View the pdf: 16-Q1 – Guardian Quarterly Article

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APR 19 2016 – DIXON MITCHELL MONTHLY REPORT APRIL

Please find a link enclosed to the most recent April Monthly Report from one of our Investment Counsellors, Dixon Mitchell: DM-Monthly-Report-Apr-16. This month’s report includes the article “What about valuations?” as well as their portfolio activity and feature stock, Saputo Inc.

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APR 12 2016 – Dixon Mitchell Q1-16 Portfolio Commentary

Enclosed below is the most recent Portfolio Commentary for Q1 from one of our Investment Counsellors, Dixon Mitchell. The original pdf can be viewed here: DM Portfolio Commentary Q1-16 Follow the cash, forget about the noise January was ugly. Crude oil’s merciless slide took it briefly below $30 a barrel, the Canadian dollar touched 68 cents Read More…

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MAR 3 2016 – Recent BNN Appearance by BCV’s Tony Demarin

Included below is a link to an appearance by one of BCV’s Portfolio Managers, Tony Demarin, on BNN’s Business News segment on February 29th.  In this appearance, he commented on the potential of equity markets in Canada to outperform those in the United States for the upcoming year and the basis for reaching that conclusion. Read More…

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MAR 2 2016 – Market Update

With the concern over the Canadian and global markets the last 6 months, we thought it wise to send an update of year to date. The place to start is with the last of the big six Canadian Banks to report their earnings – Scotiabank. A 21% growth in their Mexico and Latin American operations Read More…

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FEB 9 2016 – Dixon Mitchell Monthly Report February

Please find a link to the February Monthly Report from one of our Investment Counsellors, Dixon Mitchell: http://www.dixonmitchell.com/wp-content/uploads/DM-Monthly-Report-Feb-16.pdf. It is a strong argument for the current value in Canadian Bank stocks and their solid dividend yield.

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JAN 22 2016 – RRSP Deadlines 2016

The deadline for 2015 RRSP contribution is February 29th, 2016. For those of us who are contributing to our retirement savings, times like these when prices are depressed, are good for us. Our contributions and growing dividends are able to buy more quality businesses at reduced prices. As such, those who have somewhat predictable income Read More…

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JAN 19 2016 – The Importance of Long-Term Investing

The above graph shows the S&P 500 index since 1929. As you can see, the last few weeks hardly register. The following article comes to us from BCV Asset Management and helps put the last couple of weeks in historical context. “J. Paul Getty, an American industrialist and at one time the world’s richest private Read More…

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JAN 12 2016 – 2016 RRSP & TFSA Contributions

Happy New Year from all of us at Blackburn Davis Financial – we hope you had a restful time with family and friends! It’s that time of year again when we have to start planning for your 2016 goals, while helping you reduce your taxable income for last year. This will serve as a friendly Read More…

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JAN 8 2016 – A New Year, The Same Investment Philosophy

It was just over a week ago we rang in the New Year, which is often a very positive time for many of us. Unfortunately, if you have been following the media headlines the past few days, you have seen that the markets have not given us much to celebrate. Markets don’t always act rationally; Read More…

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DEC 21 2015 – BCV Recent Trading Activity

Included here is a link to a Bulletin from one of our Investment Counsellors, BCV Asset Management, outlining two pairs of trades that were recently executed in most of their client accounts: http://www.blackburndavisfinancial.ca/wp-content/uploads/20151221-BCV-Bulletin-Recent-Trading-Activity.pdf In the first transaction, existing positions in Cenovus Energy Inc. were sold, with the proceeds reinvested in Canadian Natural Resources Ltd.  In the Read More…

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DEC 15 2015 – Christmas 2015 Holiday Hours

Good Day and Happy Holidays! Please take note of the dates we are closed for Christmas Holidays this year: December 24th – 25th: Closed January 1st: Closed Additionally, we will have reduced staff working in the office from December 28th-31st. If you require assistance during these times, please contact Stephen MacDonald by email: stephen@blackburndavisfinancial.ca or by phone: 780.974.3808. Read More…

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DEC 12 2015 – BCV’s Tony Demarin BNN Appearance

Below is a link to an appearance by BCV’s Tony Demarin on BNN’s Business Day AM segment yesterday. In this appearance, he commented on their expectations for this week’s earnings announcements from the big Canadian banks.  They have an optimistic view, expecting better results than most, and they expect a number of the banks to Read More…

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NOV 18 2015 – In Good Company

For those of us frustrated with the continual low oil prices and the impact in our portfolios, it is comforting to know the world’s greatest investor sees enough long term value to increase his position in Suncor. We are in good company. Please follow this link to view the article: http://business.financialpost.com/news/energy/warren-buffett-keeps-the-faith-in-oilsands-as-berkshire-hathaway-inc-raises-stake-in-suncor-energy-inc.

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NOV 13 2015 – BCV BULLETINS: RECENT TRADING ACTIVITY & PORTFOLIO COMMENTARY

The following link is to a Bulletin from one of our Investment Counsellors, BCV, outlining a pair of trades that were executed in certain client accounts earlier this week: http://www.blackburndavisfinancial.ca/wp-content/uploads/20151109-BCV-Bulletin-Recent-Trading-Activity-November-2015.pdf. In these transactions, existing positions in Great West Lifeco Inc. were sold, with the proceeds reinvested in TransCanada Corporation. TransCanada Corporation is an existing position in many Read More…

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OCT 23 2015 – Rising Rates Won’t End the Bull Market

Of course, all clients no matter the time we have been working together will know, we do not believe one can persistently and accurately predict the price of stocks. It is time in the market, not market timing. However, for those who are concerned about a potential rise in rates negatively affecting stock prices, the Read More…

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OCT 13 2015 – An Introduction to our newest team member

We are pleased to formally introduce you to Aleisha Smith, the newest member of the Blackburn Davis Financial team. Please join us in welcoming Aleisha to our office! Aleisha Smith, B.Sc Client Services Aleisha graduated with distinction from the University of Calgary with a degree in Psychology. She has several years’ experience in an Administrative Read More…

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SEP 25 2015 – BCV’s Tony Demarin & Todd Johnson Recent BNN Appearances

Below is a link to an appearance by BCV’s Tony Demarin on BNN’s Business Day AM segment on Friday September 18th. In this appearance, he commented on the previous day’s decision by the Federal Reserve System in the United States to not raise short-term interest rates. He also commented on the impact of this decision Read More…

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AUG 25 2015 – Market Volatility

Well, we have been reassured again. As with other times of market turmoil we turn to the Portfolio Managers that guided us successfully through 2001 and 2008. Thankfully yesterday, like other days, we received a consistent message with much the same rationale behind these messages. These managers are all encouraged by the buying opportunities they Read More…

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AUG 14 2015 – BCV Recent Trading Activity

Included below is a link to a recent Bulletin from one of our Investment Counsellors, BCV, outlining a series of trades that were executed in certain client accounts earlier this week. In these transactions, existing positions in McDonald’s Corporation were sold, with the proceeds reinvested in Starbucks Corporation and Bank of America Corporation. http://www.blackburndavisfinancial.ca/wp-content/uploads/20150812-BCV-Bulletin-Recent-Trading-Activity.pdf Starbucks Read More…

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AUG 13 2015 – Dixon Mitchell Monthly Report Jul-Aug

Here is a Portfolio Update from one of the Investment Counsellors we use, Dixon Mitchell: http://www.dixonmitchell.com/wp-content/uploads/DM-Monthly-Report-Jul-Aug-15.pdf. We thought it would be helpful to read “A Market of One”. It goes a long way to explaining the dangers of getting too caught up in comparing our returns to those of the index when the index is dominated Read More…

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JUL 30 2015 – An Introduction to Individual Pension Plans

With some of the recent changes in Alberta, many business-owners are looking for ways to reduce their corporate and personal tax bills. We would like to introduce you to a tax-efficient concept called an Individual Pension Plan (IPP), which helps turn corporate dollars into tax-deferred personal dollars. Please watch this four-minute video we created to Read More…

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JUN 30 2015 – Investors Shouldn’t Fear Greece

If we have learned one thing in our firm’s combined 35+ years’ experience, it’s that the best we can do is source out calm, rational Money Managers and take their advice, no matter our emotions or how counter-intuitive their recommendation may appear. We currently use five such Investment Counsellors and receive information from another five. Read More…

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MAY 22 2015 – Our Team’s Professional Development

Every Quarter we meet as a team to review the previous 3 months and plan the next. At the last meeting, we were struck by the amount of professional development we had committed to, so we added it all up. In 2014 and so far this year, we have cumulatively spent 1000 hours on improving Read More…

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MAY 12 2015 – Recent BCV BNN Appearance

Please find a link below to a recent appearance by BCV’s Tony Demarin on BNN’s Business Day AM segment on Wednesday, May 6th. http://www.bnn.ca/Video/player.aspx?vid=607769 In this appearance, he discussed Sun Life Financial Inc.’s earnings announcement from earlier in the day and its long-awaited dividend increase.  He also discussed their expectations for the large Canadian insurance Read More…

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APR 22 2015 – Federal Budget Summary

As you know, Finance Minister Joe Oliver delivered his Federal budget on April 21st in Ottawa. While you’ve probably seen plenty of media coverage, we thought you would appreciate an overview of some of the budget items that relate to investments and taxes. This year, the government reported balanced books and wants that to continue. Read More…

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APR 21 2015 – BCV Bulletin: Recent Trading Activity

Below is a link to a BCV Bulletin outlining a series of trades that were executed in some client accounts earlier this month.  In these transactions, clients who held existing positions in Imperial Oil Ltd. were sold, with the proceeds reinvested in Canadian Western Bank and Callidus Capital Corporation. Please follow this link to the Read More…

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MAR 25 2015 – The Portfolio Manager’s Solution Video

Our next Investor Education video to share with you is “The Portfolio Manager’s Solution”: https://www.youtube.com/watch?v=Pvd8IT2TOE8. This explains our unique business model of utilizing Investment Counsellors after a certain level of assets have been accumulated for investment purposes. This model allows you to save on fees, provides a high quality investment experience, and allows a greater degree Read More…

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FEB 13 2015 – The Financial Planning Process

To continue with our Investor Education video series, we would like to present you with “The Financial Planning Process”: https://www.youtube.com/watch?v=RBdLCW44ve8. It explains the planning process and the positive impact of establishing a plan. If you feel you could benefit from having an updated financial plan, please let us know. We also encourage you to pass this Read More…

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JAN 14 2015 – Bank of Canada Remarks on Oil

Here are a couple of recent articles that may be of interest to some. One set is from one of our Investment Counsellors, BCV Asset Management; they present a viewpoint that is informative and interesting. There is a good article on why they believe we are in a secular bull market and then a good Read More…

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JAN 5 2015 – RRSP & TFSA Contributions

Happy New Year from all of us at Blackburn Davis Financial – we hope you had a restful time with family and friends! It’s that time of year again when we have to start planning for your 2015 goals, while helping you reduce your taxable income for last year. This will serve as a friendly Read More…

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DEC 19 2014 – Christmas 2014 Holiday Hours

Good Morning and Happy Holidays! Please take note of our Christmas Holiday hours this year: December 24th-26th: Closed December 29th-31st: Open Regular Hours January 1st-2nd: Closed We will resume our regular business hours on Monday, January 5th, 2015. Should you require urgent assistance during these times, you can reach Stephen MacDonald by email: stephen@blackburndavisfinancial.ca or Read More…

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DEC 17 2014 – Short & Long Term Perspectives

Below is a link to a PDF from TD Asset Management that provides a long term perspective on what is to come in 2015 and beyond. There is also a good piece included below from the Globe and Mail that follows on the recent fall of oil. http://www.blackburndavisfinancial.ca/wp-content/uploads/001-15-Forward-Perspectives_CDN.pdf Special to The Globe and Mail Published Read More…

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DEC 11 2014 – BCV’s Tony Demarin on BNN

Follow the link below to view a recent appearance by BCV’s Tony Demarin on BNN’s Business Day AM last Friday December 5th. In this appearance, he commented on the fourth quarter earnings reports from the six largest Canadian banks. He also provided a comparison of the investment merits of banks in Canada and the United Read More…

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DEC 10 2014 – Dixon Mitchell Monthly Report December

Here is an interesting and timely article by one of our Investment Counsellors, Dixon Mitchell.It mentions an important silver lining to reduced oil prices; global growth! Additionally, the falling dollar helps us here in Canada. At the beginning of 2014, the WTIC Oil price of $94 was roughly the same in Canadian and US dollars Read More…

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NOV 7 2014 – Five Reasons To Stick With 3M For The Long Run | Globe and Mail

Below is a link to a recent article from the Globe and Mail’s John Heinzl on 3M – something held in some client portfolios. 3M has paid dividends for the past 97 years, and had 56 straight increases. Innovative, diversified earnings means more money to come for the future. http://www.theglobeandmail.com/globe-investor/investment-ideas/strategy-lab/five-reasons-to-stick-with-3m-for-the-long-run/article21445033/

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OCT 29 2014 – BCV’s Tony Demarin Appears on BNN’s Business Day AM

Please find a link below to a recent appearance by BCV CEO Tony Demarin on BNN’s Business Day AM. In this appearance, he comments on expectations for upcoming dividend increases, focusing on the Canadian life insurance, telecommunications, and energy sectors. http://www.bnn.ca/Video/player.aspx?vid=477082

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OCT 23 2014 – The Magic of Yield on Cost

Last week we shared with you the Introduction to Dividend Investing. This week’s 5 minute video: http://www.youtube.com/watch?v=cw979PB0A3Q delves further into the concept by explaining the math when one actually buys more dividend paying stocks at these reduced prices. The disciplined investor who can focus on the long term and not panic when share prices fall will do Read More…

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OCT 16 2014 – Introduction to Dividend Investing

Here we go again. Well, not again like 2008, but likely a run of the mill correction that will see stock price declines between the current 10% to perhaps 15% or 20%. As we know, stock markets don’t like uncertainty and with events like those in Hong Kong, Ebola and fears of global growth slowing, Read More…

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OCT 1 2014 – Did you know…

Providing Income and Confidence in Times of Uncertainty: 1) We paid a claim of $6M. The client had paid a total of $1.4M in the 6 years they held the policy. The added liquidity this has provided to the family enterprise has allowed the successors to satisfy creditors and the business to thrive. 2) We Read More…

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SEP 10 2014 – BCV BNN Appearance

Please follow this link to view an appearance by Tony Demarin, President and Chief Investment Officer for BCV, on BNN’s Business Day AM earlier last week. In this appearance, he comments on that day’s earnings announcements from Bank of Nova Scotia and Bank of Montreal and provides additional comments about the broader Canadian banking sector. Read More…

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SEP 4 2014 – RBC Hikes dividend as quarterly profit climbs to record $2.4-billion | Globe and Mail

Here is an update to RBC’s Dividend Story. We have been using this spreadsheet to explain the share price, earnings, and dividend since the stock price started to slide before the financial crisis in 2008. I am sure you will agree confidence in the current dividend and the predictability of future increases bodes well for Read More…

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AUG 28 2014 – True Wealth Creation for Shareholders

Although this is a fairly technical article, the concept is simple. We want to invest in companies that have a history of, and prospects for, generating real wealth to shareholders. Three ways to measure this wealth are Dividends, which we have spoken a lot about, Return on Invested Capital (ROIC), and Economic Value Added (EVA). Read More…

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JUL 4 2014 – US Substantial Presence Test

We have communicated the rules for US travel and the Substantial Presence Test in the past, but as we chat with clients we find there is still some confusion. So, with CRA and US Border Protection Services sharing information as of July 1, 2014, we thought it was a good time to revisit the rules. Read More…

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AUG 12 2013 – TD Waterhouse sale to National Bank

You may have already received a letter from TD Waterhouse Institutional Services indicating the intention of National Bank Correspondent Network to acquire them sometime in the near future. Although this comes as a surprise it is by no means a negative development. NBCN is surprisingly the leader in Institutional Services with over $50B in assets Read More…

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APR 30 2013 – Much Ado About Nothing

As we sat down to assess our clients’ portfolios at the end of the first quarter, an apparent different story was emerging from what we were reporting. Depending upon one’s bond and cash allocation, portfolios were returning between 3% and 6.9% just for the Quarter End March 31, 2013. However, by mid-April when these numbers become Read More…

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JUN 7 2012 – Commentary on Dividends

Recent corporate earnings announcements are a good reminder that in the midst of many destabilizing economic problems, there remain many solid businesses with good balance sheets that are increasing their payouts to shareholders. This contrasts with the health and balance sheets of many sovereign states whose problem finances are real and seem intractable. However, while Read More…

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NOV 30 2011 – BCV Recent Trading Activity

BCV Asset Management Inc. has recently completed the sale of BCE Inc. and EnCana Corporation across all portfolios. Their comments are as follows: “The decision to sell BCE Inc. reflects our assessment that the company’s shares are now trading at fully-valued levels. BCE is Canada’s leading communications company and its shares are currently trading near Read More…

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AUG 8 2011 – US Debt Situation

Warren Buffett says it best, “Success in investing doesn’t correlate with IQ once you’re above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other investors in trouble”. Put another way, a person of average intelligence could see that the US Government and Read More…

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JUL 27 2011 – Dixon Mitchell Commentary on Foreign Holdings & US Debt Turmoil

The following commentary comes from one of our Investment Counsellors, Dixon Mitchell: “As the debt ceiling sideshow reaches a crescendo in congress (and Standard & Poors stokes the fire by suggesting that US bonds might be due for a rating downgrade), we’ve fielded several calls seeking reassurance that the foreign equity holdings in DM portfolios Read More…

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APR 7 2011 – Penson to TD Changeover

If Blackburn Davis Financial Inc. were to simplify our responsibilities it would be to protect our client’s assets. Two elements of this protection are selecting and monitoring the right Investment Counsellor to achieve the appropriate level of capital preservation, and also ensuring the assets are secure and easily verifiable on the books and records of Read More…

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MAR 25 2011 – Commentary from BCV on the Transition from Penson to TD Waterhouse

The following is a commentary from BCV on transitioning custodians: “BCV Asset Management Inc. has two very basic business mandates- to provide professional investment management services and to provide the highest level of customer service for the clients who have entrusted us with their assets. We look to ourselves on a daily basis to ensure Read More…

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MAR 18 2011 – Dixon Mitchell Commentary on Japan

The following is a commentary from Dixon Mitchell on recent events in Japan: ”As everyone is aware, the earthquake in Japan and subsequent related events have triggered a sharp pullback in equity markets. While the earthquake has been realized as a terrible human tragedy, history shows that such events rarely exert a noticeable market impact Read More…

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OCT 26 2010 – With all the Talk on Dividends…Where are your Account Market Values?

For the last few years we have spent a lot of time educating our clients on the merits of buying a combination of high quality bonds and shares in good businesses. These businesses need to pay dividends and grow these dividends overtime which drives share prices. It is this share price and the value of Read More…

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OCT 18 2010 – BCV Recent Trading Activity

BCV Asset Management has recently sent us a detailed description of several trades that have been executed in certain client accounts. These changes go a long way to helping you understand the specifics of your portfolio, but also the investment strategy of BCV in general. “Tax Loss Trades on Manulife Financial Corporation and Husky Energy Read More…

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