E–WEDNESDAY
MARCH 15 2017
“
Wealth is not his that has it, but his that enjoys it.
Benjamin Franklin
”
Money
“What good is money if it can’t buy happiness?” A g a t h a
Christie
Rising rig counts remain an overhang on the rebalancing narrative for crude oil. WTI and Brent crude
futures prices are treading water near three-month lows as further signs of rebounding U.S. production
continue to cast doubt on the view that the output cut agreement between OPEC and non-OPEC
countries will expeditiously bring supply and demand into balance. U.S. energy firms added oil rigs for
an eighth straight week last week, according to Baker Hughes. Meanwhile, U.S. crude stockpiles
surged by 8.2 million barrels last week to a record amid rising domestic production, which prompted
Saudi Arabia’s Oil Minister Khalid Al-Falih to acknowledge that global output is falling slower than
expected. Traders trimmed their bullish positions on WTI crude to a one month low last week,
according to U.S. CFTC data. Given a lack of obvious bullish catalysts in the near-term, crude prices
could remain volatile and under pressure in the coming weeks.
The number of Americans filing for unemployment benefits is expected to have risen 12,000 to a
seasonally adjusted 235,000 for the week ended March 4 after it fell to a near 44-year-low in the week
ended Feb. 25. Meanwhile, the Labor Department issues import and export prices for February. Import
and export prices are expected to have increased 0.1 percent and 0.2 percent respectively. The report
showed import prices rose 0.4 percent in January, while export prices edged up 0.1 percent for the
month. Another report from global outplacement consultancy Challenger, Gray & Christmas will show
the number of job cuts for February. U.S. employers announced 45,934 job cuts in January, a 37
percent jump from December and the largest number of cuts since April 2016.
Eight of the world's largest oil companies pollute as much as the entire United States, according to a
study. Saudi Aramco was named the biggest emitter, responsible for almost five percent of industrial
carbon pollution over time. The report comes as President Trump prepares to slash environmental
regulations, cut hundreds of millions from a clean energy division, and possibly withdraw from the
landmark Paris Agreement.
U.S. jobs showed solid gains in Trump’s first full month. Employers added 235,000 jobs in
February, an above-average pace for a second month on outsized gains in construction and
manufacturing. The unemployment rate fell to 4.7 percent, and wages grew 2.8 percent from
February 2016, figures that validate recent comments by the Fed that flagged a likely interestrate increase this month.
Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5
Leisure
“Increased means and increased leisure are the two civilizers of man.”
Benjamin Disraeli
Calgary International Auto & Truck Show March 15 – 19. BMO Centre, Stampede Park.
http://www.autoshowcalgary.com/#meltdown-tour
Outdoor Travel and Adventure Show March 25 – 26. BMO Centre, Stampede Park.
http://outdooradventureshow.ca/calgary/
Festival of Animated Objects Celebration of puppets. March 16 – 17. Various locations. Ticket prices vary.
http://www.puppetfestival.ca/
The Grape Escape Wine, beer and spirits festival. March 25, 5 pm – 9 pm. BMO Centre, Stampede Park.
Tickets $65. http://coopwinespiritsbeer.com/events/
Wit
“The aging process has you firmly in its grasp if you never get the urge to throw
a snowball.” D o u g L a r s o n
Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5
Food
“You deserve a break today/There's so much fun for you today. ”
McDonald’s slogan
1981-1983
While McDonald’s is rarely considered healthy eating, the restaurant chain is making an effort to provide
alternative choices to the traditional hamburger. By including kale in a variety of foods, including salads and
wraps, it’s sounds like there might be healthy options at McDonalds. Crispy Chicken Caesar Salad with kale,
for instance, sounds like a comparatively good option.
Isn’t it a surprise then to find that it has more calories, fat and sodium than a Double Big Mac?
According to nutritional information from McDonald's, the salad rings in at 730 calories, 53 grams of fat, and
1400 milligrams of sodium. A Double Big Mac contains 680 calories, 38 grams of fat and 1340 mg of sodium.
Another of the “healthy” choices is the Greek-ing Out salad. It comes in at 420 calories, 26 grams of fat, and
1080 mg of sodium, almost the same as a Double Cheeseburger.
Even the breakfast Fruit and Maple Oatmeal is not a particularly healthy choice because of the overload of
sugar. Containing 33 grams of sugar, it is the sugar equivalent of a can of Coke.
To check out all the nutritional information for McDonald’s foods, see
http://www.mcdonalds.ca/ca/en/menu.html
Tax
“When we got married I told my wife 'If you leave me, I'm going with you.' And
she never did.” J a m e s F i n e o u s M c B r i d e
Changing your marital status may impact your taxes and benefits
Did you recently get married or enter into a common-law partnership? Did you separate or divorce? Were you
recently widowed? It is important to inform the CRA about changes in your marital status to make sure you
receive the right amount in benefit and credit payments. When your marital status changes, your benefit and
credit payments are directly impacted. The CRA will recalculate your benefits and credits based on:

your updated family net income
Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5

the number of children you have in your care and their ages

the province or territory in which you live
Your benefit payments will be adjusted the month after the month your marital status changes.
How do you tell the CRA that your marital status has changed?
You can tell the CRA about your new marital status and the date of the change by using one of the four
options:

use the Change my marital status service found in My Account

select Marital status in the MyBenefits CRA or MyCRA mobile apps

call 1-800-387-1193 if you are a benefit recipient

send us a completed Form RC65, Marital Status Change
When do you have to tell the CRA?
If you recently got married, divorced, became widowed, or entered into a common-law partnership, you must
tell the CRA about the change in marital status by the end of the month after the month your status changed.
For example, if your status changes in March, you must tell the CRA by the end of April.
If you have become separated, do not notify us until you have been separated for at least 90 days
What if you changed your name?
If you changed your name, let the CRA know as soon as possible. Call us at 1-800-959-8281, so we can
update our records.
Completing a tax return
When completing your tax return, tick the box that applied to your marital status on December 31, 2016, and if
applicable, provide the requested information about your spouse or common-law partner. You still
have a spouse or common-law partner if you were living apart for reasons other than a breakdown in your
relationship.
Changing your marital status may impact your taxes and benefits
Did you recently get married or enter into a common-law partnership? Did you separate or divorce? Were you
recently widowed? It is important to inform the CRA about changes in your marital status to make sure you
receive the right amount in benefit and credit payments. When your marital status changes, your benefit and
credit payments are directly impacted. The CRA will recalculate your benefits and credits based on:

your updated family net income

the number of children you have in your care and their ages

the province or territory in which you live
Your benefit payments will be adjusted the month after the month your marital status changes.
Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5
How do you tell the CRA that your marital status has changed?
You can tell the CRA about your new marital status and the date of the change by using one of the four
options:

use the Change my marital status service found in My Account

select Marital status in the MyBenefits CRA or MyCRA mobile apps

call 1-800-387-1193 if you are a benefit recipient

send us a completed Form RC65, Marital Status Change
When do you have to tell the CRA?
If you recently got married, divorced, became widowed, or entered into a common-law partnership, you must
tell the CRA about the change in marital status by the end of the month after the month your status changed.
For example, if your status changes in March, you must tell the CRA by the end of April.
If you have become separated, do not notify us until you have been separated for at least 90 days
What if you changed your name?
If you changed your name, let the CRA know as soon as possible. Call us at 1-800-959-8281, so we can
update our records.
Completing a tax return
When completing your tax return, tick the box that applied to your marital status on December 31, 2016, and if
applicable, provide the requested information about your spouse or common-law partner. You still
have a spouse or common-law partner if you were living apart for reasons other than a breakdown in your
relationship.
http://www.cra-arc.gc.ca/nwsrm/txtps/2017/tfsk5-eng.html
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PARTAKER
TETRAULT
Wealth Management Group
of RBC Dominion Securities
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Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5
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Partaker Tetrault Wealth Management Group of RBC Dominion Securities Inc
403.266.9647 Suite 300, 11012 Macleod Trail SE Calgary, AB T2J 6A5