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At Eastport, we aim to be your keel, as on a boat – your point of balance, giving you directional stability. We help you get beyond thinking of money as the deep and unpredictable water you’re in. With our knowledge as your ballast, money can be the body that buoys you, propelling your good and purpose-rich life.

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Eastport Market and Economic Summary – April 2024

In Q1, equities posted impressive returns with U.S., Canadian, and global equities seeing consistent gains backed by strong corporate earnings, AI excitement, and the optimism that the Fed and BoC rate cuts are getting closer. While U.S. job creation continues, there are signs of a slowing labour market, particularly in Canada, and inflation has been stickier in the U.S. than the market likes.



  • • S&P/TSX Composite hits a new all-time high of 22,220.90 on Mar 28th
  • • S&P 500 hits a new all-time high of 5,264.85 on Mar 28th
  • • Canadian dollar hits 7-month high of $0.7559 USD on Jan 1st
  • • WTI Oil range bound ending quarter at $84.90 USD
  • • Bank of Canada maintained overnight rate at 5.00%




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