The Bank of Canada (BoC) has “unpaused” and effectively restarted its tightening cycle by increasing interest rates by another 25bps and signaling there might still be more hikes ahead. The BoC has now hiked by 450bps in less than 18 months—one of the most aggressive hiking cycles in Canada’s modern economic history.
Congratulations to Lynn Curtin Lange, who ranked among Canada’s top 100 female financial advisors for 2023 by the Globe and Mail and SHOOK Research!
When markets fall, your immediate thought might be to sell. What you don’t realize is that if you try to time the market, it could cost you more to leave than to stay invested.
The first quarter (Q1) of 2023 was a rollercoaster ride for investors. Market volatility unfolded following U.S. and European banking turmoil, and interest rates and inflation climbed—evoking investor fears about financial stability.
Federal Budget 2023—no big changes but maximum minimums!
This blog will talk about how Canada's economy is impacted by inflations and which sectors are hit the hardest.
Events of the past few days have reinforced several of our core views about the global economy, including our assessment of the Canadian economy: We see higher odds of a recession taking place in the second half of 2023, a development that in turn will likely dampen inflationary pressures as aggregate demand weakens.
If you’re saving for retirement, you may be torn between an RRSP and a TFSA. Whether the best choice is to save in an RRSP or a TFSA depends on your savings needs, as well as your current and expected future financial situation and income level.
2022 was a tumultuous year for investors, to say the least. Markets around the world were affected by high inflation, rising interest rates, and concerns about slowing economic growth in 2023.
We are at the beginning stages of the fourth industrial revolution, dubbed Industry 4.0. As the world dramatically changes under the influence of automation, cloud computing and artificial intelligence, employment is also experiencing a big shift. What jobs might the next-generation workforce have?
The ABCs of using RESP funds. [Solutions For Financial Planning] our wee babes have grown into young adults ready to take on the world – or at least head to, post-secondary education. Knowing that college and university come with a hefty price tag, you have faithfully made contributions over the years into a Registered Education Savings Plan (RESP).