Meeting Recording
This was an in-person meeting and no recording is available.
President's Comments
President Bryn welcomed all to our meeting.
Guests
Graham Gardiner, guest of Louise Gardiner,
Alex Glass, guest of Bryn Jones, CEO Arts Build Ontario
Chris Goldsworthy, guest of Bryn Jones,
Olga Gryshchenko, guest of Lumi Mironescu
Brian Lipski, guest speaker, Rae Lipski Partners,
Robin Stanton, guest speaker, Rae Lipski Partners,
Peter Wurtele, guest of Ross Newkirk
Happy Jar
Lumi Mironescu, is happy to have attended the Outbound Youth Exchange Interview process last weekend and is excited that her daughter Ella will be on exchange next year. She encourages members to support the program and consider being host parents
Club Announcements
Ski Day at Chicopee
Kitchener Rotary is planning a ski get together this Thursday January 18th. Family and friends welcomed! No rsvp required. If you wish to join us we are meeting at 7pm at the bottom of the North Hill!.
A Better Tent City
We are collecting much needed items in support of A Better Tent City. This includes winter clothing and dishes. Committee Chair – Neil Swayze, thanked those who brought in items today and let us know that the program will continue for the next month or so. Anyone with items can contact Neil directly.
Coldest Night of the Year
We're very excited to announce our participation in the 2024 Coldest Night of the Year walk to support Ray of Hope Community Centre serving people experiencing hurt, hunger, and homelessness in the Waterloo Region.
Please click on this link to join our team or to support one of our walkers !
Special Recognitions / Presentations
Polio Plus Society Presentation
Badar Shamin, the district Polio Plus Chair was with us today to provide some information and make a presentation. The Polio Plus campaign remains RI’s number one global project and we are down to just 2 countries where the disease remains active – Afghanistan and Pakistan. RI members are encouraged to continue to support the campaign and every dollar that is contributed is matched 2 to 1 by the Bill and Melinda Gates Foundation. To support this initiative and recognize donors, the Polio Plus Society has been created, and individuals who contribute $100 per year are recognised with a pin. Badar was very pleased to be able to present pins to both Louise and Graham Gardiner.
For more information and the form to join the society go to:
Online Auction Cheque Presentation
This year, for the first time, our Online Auction Committee partnered with Arts Build Ontario for the acquisition of auction items. Arts Build Ontario used their own contacts to solicit items and where able to acquire over 25 items which helped us exceed our goals for the total number of items and total profit. The profit for these items was shared 50/50 with Arts Build Ontario.
Alex Glass, CEO of Arts Build Ontario, was with us today to receive a cheque for $1,238 for their share of the profits for the items they provided. We look forward to continue the association with Arts Build Ontario.
Program Highlights
Our Program today, part of our Speaker Series – Notable People, was presented by Robin Stanton (Vice-President and Portfolio Manager and Brian Lipski, President and COO) of
Rae Lipski Partnership. Their presentation was titled The Emerging Economic and Financial Realities for Regular Folks, Businesses, Upper and Lower Tiers of Government and Investors.
Robin Stanton, CFA
Vice-President & Portfolio Manager
Robin@RaeLipskie.com
(519) 578-6849 ext. 331
Robin joined The RaeLipskie Partnership in 2018. He has extensive experience working with institutional and individual investors to help them achieve their various investment objectives in the public and private markets.
In his prior role as Vice-President at CBRE Caledon Management, Robin worked with the firm’s clients to help them develop and implement their investment programs, while also focusing on marketing strategies to develop new business opportunities. Previously, Robin was Vice President of Investments at AGF Investments where he delivered investment solutions for existing and prospective clients and their advisors in select regions and constituencies in North America.
Robin graduated from the University of Toronto and is a CFA Charterholder. Robin is an active volunteer in our local community and either does or has served as a member of Investment Committees including those of the Waterloo Region Community Foundation, Wilfrid Laurier University, Grand River Hospital, and a local religious organization.
Robin is an avid cyclist and occasional skier and golfer and has resided in Kitchener for over 15 years.
Brian Lipskie, CFA
President & Chief Operating Officer
Investment Counsellor/Portfolio Manager
Brian@RaeLipskie.com / (519) 578-6849 ext. 324
Brian Lipskie joined Ken Rae in 1989. His investment career began in 1985 with Wood Gundy in Private Client investment management. Brian graduated from the University of Waterloo with a BA in Honours Economics in 1985 and attained his Chartered Financial Analyst (CFA) designation in 1990. In addition to actively participating in research and portfolio management at The RaeLipskie Partnership, Brian directs the operations of the Company and is Chief Operations Officer.
Brian was previously on the board of directors of Junior Achievement of Waterloo Region and is past president of the Waterloo Wellington Estate Planning Council. He is currently a member of the finance and Investment Committee for the University of Waterloo as well as past chair of the Investment Committee for the Sisters of St. Joseph of Canada as well as the Congregation of the Resurrection of Ontario.
He and his wife, Shelley, enjoy golf and curling and reside with their three children in Waterloo.
Using a series of charts they covered many areas dealing with current economic development, including:
- Market Review and Canadian Economic Outlook
- TSZ Market Cycle
- S&P 500 Market Cycle
- Financial Markets
- Canadian Interest Rates
- Canadian Government Bond Yield Curve
- Canadian Economy
- Surge in CPI Rent Inflation
- Rapid Immigration Making Bank of Canada’s Job Harder
- Housing Watch
- Housing Market Starting To Improve
- Household Net worth
- Canadian Labour Market
- Canadian Currency
Closing Remarks & Reminders
President Bryn reminded the group that next week is Committee Meetings week so there will be no meeting.
The next meeting is on January 29th. See the details below.
