BMO Disclaimer: Annualized Performance NAV - as of March 28, 2024, Source: BMO GAM - ZDV 1Y - 9.55% 2Y - 1.28% 3Y - 9.25% 5Y - 8.46% 10Y - 6.01% Since Inception - 7.21% BMO ETFs is the largest fixed income ETF provider: Source: Bloomberg December 31, 2023 The portfolio holdings are subject to change without notice and only represent a small percentage of portfolio holdings. They are not recommendations to buy or sell any particular security. This content is sponsored by BMO Exchange Traded Funds. This content is intended for information purposes only. This content has been prepared by Beavis W ..read more

Watch the video on YouTube:  https://youtu.be/Vbkp7bZiFLs ? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we delve into Canada's 2024 federal budget presented by Finance Minister Chrystia Freeland, focusing on the $53 billion new spending initiative, increased capital gains taxes, housing affordability measures, and a forecast on public debt. Also in this episode: ? Annual inflation in Canada rises to 2.9% with significant increases in mortgage and rent costs, potentially signaling a near-term interest rate cut b ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we uncover how CIBC's new $5 fee on e-gift card purchases as a "cash advance" charge sparked outrage among consumers, leading to a backtrack and customer refunds for charges between September 29, 2023, and February 29, 2024, after public and media pressure. Also in this episode: ? Tesla announces layoffs of over 10% of its workforce, reflecting a downturn in sales and a strategic shift amidst stiffening global competition. ? We discuss the Canadian government's new mortgage r ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into the Bank of Canada's latest decision to maintain its overnight rate target at 5%, amidst signs of economic stabilization and predictions for growth rebound in 2024. Also in this episode: - ? The firing of Royal Bank's CFO could lead to significant financial losses due to undisclosed relationships and preferential treatments. - ⚡ U.S. inflation rates continue to challenge, making interest rate cuts by the Federal Reserve unlikely in the near future. - ? Canadian r ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we discuss the firing of Royal Bank's CFO, Nadine Ahn, after an internal review revealed an undisclosed relationship with an employee, violating the bank's code of conduct. Also in this episode: ? Canada's unemployment rate jumps to 6.1%, and speculation around Bank of Canada's next moves intensifies following disappointing job numbers. ? The EV market faces significant challenges, with Tesla's latest earnings called an "unmitigated disaster" and Ford adjusting its electric v ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we have a look at the Canadian federal government's launch of a multi-billion dollar fund aimed at addressing the nation's housing crisis, a move announced by Prime Minister Justin Trudeau. This fund, contingent on provinces allowing more flexible zoning for housing developments, has met with resistance, sparking a debate over jurisdiction and the best methods to tackle Canada's housing challenges. Also in this episode: ? According to a Bank of Canada report, signs of optimis ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we look at the disrespect shown by the Canada Revenue Agency's last-minute change in bare trust reporting requirements. After months of preparation, the CRA's abrupt reversal has left accountants and taxpayers frustrated, highlighting a major policy mishap. Also in this episode: ? Trump Media's stock plunges 25% after a reported net loss of $58.2 million for 2023, revealing financial struggles despite a high market valuation. ? Disney and Governor DeSantis end their heated le ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we look at Royal Bank of Canada's aggressive plans to convert HSBC Canada branches to RBC-branding, in four days! The transition includes the integration of 800,000 HSBC clients and the closure of 25 branches. Also in this episode: ? Canada's OSFI introduces stringent mortgage rules to combat rising homeowner debt, aiming to stabilize the financial landscape by capping loan-to-income mortgages. ? The Bank of Canada continues its quantitative tightening policy into 2025, aimin ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into Canada's economic landscape as February sees a surprise drop in the inflation rate to 2.8%, coming in lower than economists' predictions and signaling a move towards more affordable living costs for Canadians. What affect will this new data have on the Bank of Canada's next rate decision? Also in this episode: ?? The US Federal Reserve holds interest rates steady, maintaining the target range while noting solid economic expansion and easing inflation. ? TD Bank p ..read more

? Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we explore the significant financial challenges facing Canadian renters as outlined in a recent RBC report. It highlights the growing wealth disparity with homeowners and the struggle to afford housing costs, which are increasing faster than incomes. Also in this episode: ? Shopify awards CEO Tobi Lutke a monumental $200 million compensation package, sparking debate on its impact and timing. ? Reddit's IPO draws attention amid FTC scrutiny over AI content licensing, with high ..read more