On the 11th day of giving, Gaggan Khangura, our Team Manager and Senior Investment Associate, nominated the Alzheimer Society of Calgary.
Why? “I’ve chosen to support Alzheimer Calgary as a tribute to both of my grandmothers, who spent the final years of their lives living with dementia,” said Gaggan. “Watching them struggle with memory loss and, at times, unable to recognize loved ones was heartbreaking. But it also deepened my commitment to support organizations like Alzheimer Calgary.”
“I truly believe in the important work they do, offering hope, resources, and assistance to families dealing with Alzheimer’s and other dementias. I’m also proud to participate annually in the Alzheimer Walk and Run, raising awareness and funds for this cause. This year, I raised $3,075, which will help ensure those affected by dementia receive the care and support they need.”
“In addition to fundraising, I volunteer at local nursing homes, connecting with Punjabi-speaking residents who are often isolated due to language barriers. By providing companionship and speaking to them in their native language, I help bridge that gap and offer a sense of comfort. For me, it’s about turning personal experience into a force for change and hope, ensuring that families have the support they need now, and that one day, we’ll find a cure.”
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 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.
As we approach the heart of tax season, we wanted to share some information to help simplify the process and draw your attention to some important changes for the 2024 tax year. Please note that these are a summary of some of the changes that may or may not apply to your situation. We would welcome the opportunity to complete a Wealth Plan with your family so that we can provide additional specific advice.
Bismarck’s 19th-century declaration about the changing realities of geopolitics resonates today as the global economic order undergoes seismic shifts. For decades, Canada and the U.S. have shared a mutually beneficial trade relationship, underpinned by the post-Second World War framework of free trade agreements and multilateral cooperation.
We do not know if the 25% tariffs will be implemented tomorrow or there will be an 11th hour deal to delay them. Mexico has come out and said that a deal is in place to delay the tariffs for a month but so far nothing has been confirmed in Canada and there will be another call at 3 p.m. between President Donald Trump and Prime Minister Justin Trudeau to discuss further.
2024 will go down in the books as a great year financially for most risk assets. U.S. markets led the way but decent returns in Canada and in fixed income added to total returns. As we look forward to the year ahead there are many opportunities but there are potential pitfalls that could derail our outlook.
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