Finandicap Info | June 2024

Finandicap and its Team

We are thrilled to present the new brand image of Finandicap, reflecting our commitment to providing a comprehensive range of financial services tailored to your specific needs. Beyond opening your RDSP, we now offer a broader range of services, including personalized financial planning, tailored insurance, various high-performing savings options, and expert advice on social programs.

So that the future adapts to you

Our slogan illustrates our commitment to guiding you towards a secure and personalized financial future that aligns with your aspirations and unique situation. We look forward to continuing to serve you with the same dedication and expertise, while offering even more comprehensive and tailored financial solutions.

Follow Us on Social Media

In the coming weeks, we will share new advertisements on our social media channels. There, you will find our new logos, upcoming events, and relevant information about the Registered Disability Savings Plan (RDSP) and social programs.

Feel free to subscribe to our accounts, comment on the posts, and share them with your network. Here is a preview of some projects currently underway that will soon be on social media:

By staying tuned to our communication channels, you will be kept informed of the latest news and initiatives. We rely on your active engagement to foster a constructive dialogue.

Market Review

Financial markets in Quebec have recently been influenced by several economic and monetary factors. The Bank of Canada maintained its key interest rate at 5% for a year to combat inflation. On June 5th, the bank announced a 0.25% decrease, with moderate declines anticipated in the coming months. This policy has had a significant impact on the real estate market, where housing demand remains high due to population growth. In parallel, forecasts for 2024 indicate a stabilization of the real estate market with a slight increase in prices, particularly in major regions like Montreal.

On the stock market front, markets have shown resilience despite economic concerns. Stock indices such as the Dow Jones, S&P 500, and Nasdaq Composite have reached record levels, reflecting optimistic sentiment among investors. These gains are mainly due to continued excitement around advances in generative artificial intelligence and the energy and industrial sectors. Recent data also shows an improvement in economic sentiment. Commodity markets have experienced fluctuations, with oil prices dropping but recently rebounding, and gold reaching record levels. These dynamics indicate a period of controlled volatility, where investors remain attentive to monetary policies and economic indicators to guide their decisions.