News


charts

Market Update

Throughout Canada and the US, states and provinces continue to scale back on the lockdown regulations, with markets generally performing well with the expectation of an economic re-opening. Additionally, several other developments, both at home and abroad, occurred, which also affected the markets...

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buildings

Market Update

Unfortunately, economic projections from Jerome Powell, Chairman of the US Federal Reserves, on Wednesday the 13th, resulted in fairly substantial negative returns this week. Mr. Powell, discussed his view that the pandemic will have long term adverse economic effects, including his view that the markets are overvalued due to the various stimulus packages businesses have received...

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buildings

Market Update

As we continue to navigate uncharted territory with respect to the ongoing health crisis, market indicators like the VIX show that the level of volatility we are currently experiencing looks to persist throughout the year.

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buildings

Market Update

The VIX, a market volatility measurement discussed in the market update letter sent on April 10th, showed positive signs early this week that the markets were reverting to a more normalized structure. This was due to the fact that the VIX closed lower than its predicted future value for the first time since Feb 21, which was right at the market peak prior to the collapse. Often called the “fear gauge” the VIX provides an indication...

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chart

Market Update

As we continue to settle into self-isolation and the ongoing lockdown, governments around the world continue to react to the crisis through various measures aimed at reducing the spread of COVID-19 while also stimulating the economy...

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chart

Market Update

The world continues to react to the ongoing COVID-19 health pandemic, with new information coming out with respect to the various economic stimulus packages, as well as the various quarantine and self-isolation regulations. As the world settles down into this new normal...

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Market Update

Both internationally and here in Canada, government leaders have continued to react to the Coronavirus pandemic, both in terms of the actual health crisis, and also with respect to the economic impact. While these updates are designed to discuss the short and long-term economic impact of this ongoing health crisis...

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stocks

Market Update

Market volatility has persisted as the world continues to react to the Coronavirus, with most analysts predicting that this will continue throughout the lockout and the ongoing health pandemic. This update will outline what different governing bodies have done in an attempt to stimulate the economy and combat this disease...

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COVID-19 Update

In these uncertain times, David Burns & Associates and our partners in insurance want to offer the most up-to-date information possible to help navigate this new COVID-19 world. We felt that you, our valued clients, would benefit from tips to assist with the evolving realities of the pandemic...

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Market Update

The markets have continued to show substantial volatility, mostly due to the increased international spread of the Covid-19 virus. This has led to a severe downturn in all market sectors, both here in Canada and internationally. While an increasingly stressful time with respect to your investments...

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Travel Insurance Update For Coronavirus (COVID-19)

On March 13, 2020, the Government of Canada issued an Official Global Travel Advisory advising Canadians to “avoid non-essential travel outside of Canada until further notice.” As such, the coronavirus pandemic is now considered a known risk.

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Market Update

Unfortunately, in the last week and a half, international markets have reacted negatively to several factors, most notably as a response to increasing concerns regarding the Coronavirus. This issue was compounded yesterday when oil prices dropped precipitously due to Russia and Saudi Arabia engaging in a price war...

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News of the Coronavirus (COVID-19)

News of the Coronavirus (COVID-19) has been dominating the headlines. Although the risks remain low in Canada, we do want to keep you informed. COVID-19 is a respiratory illness caused by a virus that can be similar to the common cold, but some cases are more severe. Most people infected are likely to fully recover, just as they would from the flu...

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Jennifer Burns on the Ottawa Entrepreneurs Podcast

On this episode of the Ottawa Entrepreneurs Podcast, Pat hosts Jennifer Burns, Partner of David Burns & Associates. Jennifer shares the story of how her locally-owned family business came to be...

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Travelling Canadians Plan Overview

Travel insurance is important to help protect you, your family or visitors to Canada from costs that can occur due to an unforeseen medical emergency during a trip or an unexpected reason to cancel or interrupt a trip. Without it, travellers may be left to pay significant out of pocket expenses...

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Eliminating out-of-country medical coverage for Ontarians

The Canadian Snowbird Association says it is opposed to the Ontario government's proposal to terminate OHIP's Out-of-Country (OOC) Travellers Program. Doing so would lead to premium hikes for private travel medical insurance coverage, says the association.
The program currently reimburses Ontario residents travelling outside of Canada...

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Companies addressing mental health issues as employees more stressed

More than one-third of employees report that they are more stressed now from work than they were five years ago, but workplace approaches to mental health are improving, according to a new study by Morneau Shepell. The research was released as part of Morneau Shepell’s Employers Connect Summit held in eight Canadian cities. The survey of Canadian employer and employees found that more than two thirds...

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