The holiday season is a time for giving, and at the Baun & Pate Investment Group (BPIG), we’re excited to bring back our 12 Days of Giving for 2024.
In place of sending Christmas cards, we are continuing a tradition that aligns with our core values as active members of the Calgary community. Over the course of 12 days, we will highlight a charity selected by a member of our team—one that holds personal significance to them and truly embodies the spirit of Calgary and the essence of giving back. Thanks to the generosity of Michael Pate and Craig Baun, each of these organizations will receive a $1,000 donation to support the meaningful work they do in our community.
On the first day of giving, Paul Duff, our Senior Investment Advisor, nominated the Friends of Fish Creek Provincial Park Society.
Why? “I again have chosen the Friends of Fish Creek Provincial Park Society as my charity of choice to support this holiday season,” said Paul. “Having spent many of my own childhood summers in the park, and now being given the opportunity to share that same experience with my own daughters, its driven home the importance of preserving this amazing asset we have in our community.”
Since 1992, the Friends of Fish Creek Provincial Park Society has been engaging the public and cultivating “informed park users” so that Fish Creek Provincial Park can continue to offer a place of refuge and improve quality of life for generations to come.
With a small staff team and a dedicated community of volunteers, partners and supporters, they offer events, recreational, educational and wellness programs, as well as a wide diversity of volunteer opportunities.
Their work is possible through in-kind and financial support from a mosaic of different organizations.
“Through first-hand experience of working in the Park for several summers, to being able to now enjoy it with my family, I’m proud to continue my support for this cause,” said Paul.
Please follow along on our LinkedIn page and our website as we highlight a new charity every business day until December 24th.
From the entire team at the Baun & Pate Investment Group, we wish you and your family a very happy holiday season and a prosperous New Year.
As the dust settles from a bumpy first two quarters of the year, portfolios have traded higher even with the U.S. policy adjustments we have experienced. Even though it may feel like risks are high, as we often say, it’s time in the market, not timing the market, that is key.
For decades, the American establishment clung to the gospel of globalization, open markets, cheap goods, and the promise of shared prosperity. Yet beneath the surface, this grand experiment hollowed out the nation’s industrial heartland, eroded economic security, and fuelled a populist backlash that upended politics from Ohio to Washington. The opioid crisis, the decay of small towns, and the anger of those left behind are not mysterious—they are the predictable fallout of an economic order designed by and for elites, insulated from the consequences of their own policies.
In an era of unprecedented geopolitical and economic shifts, the Mar-a-Lago Accord signals a decisive, disruptive strategy by the U.S. to redefine its global influence and economic stability. Moving beyond unipolar dominance, the U.S. aims to reshape the international order through strategic tariffs, security realignments, financial innovations, and institutional reforms—guided by historical lessons and Keynesian principles. This approach seeks to address systemic imbalances—notably the overvaluation of the dollar and unsustainable debt levels—by fostering growth, innovation, reindustrialization, and regional resilience.
Now that the Canadian election is over and Mark Carney has won, the hard part begins. The campaign trail is behind him; the spotlight now shifts to the daunting reality of governing a nation under siege from global headwinds and domestic skepticism. Mark Carney, the 24th Prime Minister of Canada, inherits not just the legacy of a decade of Liberal rule but a country whose economic standing and reputation are under intense scrutiny from global capital markets and geopolitical rivals alike.
As the first quarter ended this week, we saw U.S. markets lower from January and Canadian markets slightly higher for the quarter. As mentioned in our last update, volatility was likely to increase and the Trump administrations on again off again tariff approach caused just that over the months of February and March.
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