Richard Lapointe Investment Group
Weak domestic demand weighing on China’s economy
In today’s Federal Open Market Committee (FOMC) statement, the US Federal Reserve (the Fed) once again decided to hold the target range for the federal funds rate at 5.25%-5.5%.
In the 2024 federal budget, the Canadian government proposed an increase to the capital gains tax inclusion rate effective June 25, 2024.
For the first time in more than four years, the Bank of Canada (BoC) cut interest rates.
Answers to the top questions around changes to the capital gains tax inclusion rate when selling or transferring real estate.
In the May edition of Market Spotlight, CIBC Asset Management investment professionals discuss Canada’s housing affordability crisis and the recent surge in population growth.