Skip to main content

Innova Grows

Innova Grows Written on 28 May 2023. Posted in Market Insights. We continue to experience strong growth and remain committed to providing our clients with exceptional customer service. Our mission to provide you with absolute peace of mind relies heavily on the quality of the people with which...

Read more …Innova Grows

  • Hits: 842

Banks, Busts and Bear Markets

What a difference a day can make! SVB was the ‘cool cat’ of the financial world, focused on technology, venture capital, and entrepreneurs. Following some bad investments in long-term bonds (We tried to warn them!), they eroded their capital reserves and were in the process of raising new money to...

Read more …Banks, Busts and Bear Markets

  • Hits: 1000

Innova: 2022 Year in Review

With Covid lockdowns seemingly in the rear view, most people began the year with optimism…but 2022 had other plans. It saw what 2021 threw at us, then said ”hold my beer”. Three of the four Horsemen of the Apocalypse joined us within the first three months of 2022, War in Ukraine, Pestilence with...

Read more …Innova: 2022 Year in Review

  • Hits: 1076

What is the tax-free First Home Savings Account (FHSA) and how does it work?

What is it? In the 2022 Budget, the federal government proposed the launch of a new registered savings account to give Canadian potential first-time homebuyers the ability to save $40,000 toward their purchase tax-free, which, given Canada’s exceedingly high real estate prices, isn’t a bad thing. This...

Read more …What is the tax-free First Home Savings Account (FHSA) and how does it work?

  • Hits: 1154

Recessions & Risk

“The brains of humans contain a mechanism that is designed to give priority to bad news.”  - Daniel Kahneman There has been no shortage of scary headlines regarding the economy and the markets.  The dreaded ‘R’ word is rolling across tickers, as news pundits jostle to predict when the...

Read more …Recessions & Risk

  • Hits: 1764

Family Cottage Planning

As cottage season gradually approaches a close, it’s a great time to talk about capital gains, taxation and financial planning for homeowners who also own a cottage property. We never like to think of the worst coming to pass, but if you own a cottage, it’s a good idea to sit down for a family...

Read more …Family Cottage Planning

  • Hits: 2029

The 'Wisdom' of the Crowds

Markets at all-time highs, multiple offers on all things real estate, lumber price sticker shock… All occurring while many of us are still barred from visiting friends and family! What’s going on and can it continue? In this month’s Innova Market Insights, we discuss the on-going ‘Everything Bubble’...

Read more …The 'Wisdom' of the Crowds

  • Hits: 1737

The Great Rotation?

The Great Rotation? It’s been an interesting few weeks on the markets with the high-flyers of 2020 taking a few steps back and the browbeaten underperformers of Covid driving the market ever higher. The following is a quick snapshot of some of the market’s winners and losers so far this year, which...

Read more …The Great Rotation?

  • Hits: 1477