Each week, our team publishes a blog and webcast.
DISCLAIMER: The opinions expressed in this publication are for general informational purposes only and are not intended to represent specific advice. The views reflected in this publication are subject to change at any time without notice. Every effort has been made to ensure that the material in this publication is accurate at the time of […]
Because of the financial crisis and the unprecedented money-printing exercise that followed, Bitcoin was created in 2009. Given the heightened distrust for public institutions – namely the government and its central banks – the new cryptocurrency allowed transactions to take place without financial institution involvement as well as anonymously from the prying eyes of the […]
Once the average gas price surpassed the psychological $2.00/litre here in Ontario, demand destruction started to take shape. A Leger survey conducted in May found that 66% of Canadians were either cancelling their trips or amending their vacation plans amid higher gas prices. That road trip from Toronto the Halifax no longer made much sense. […]
DISCLAIMER: The opinions expressed in this publication are for general informational purposes only and are not intended to represent specific advice. The views reflected in this publication are subject to change at any time without notice. Every effort has been made to ensure that the material in this publication is accurate at the time of […]
Last Friday, the U.S. Bureau of Labor Statistics (“BLS”) said 372,000 jobs were added during June, far exceeding the 250,000 new jobs that economists had guessed. Almost immediately, investors feared the economy is stronger than believed, inflation will keep rising, and the Federal Reserve will have no choice but to continue hawkishly raising interest rates […]
The latest reports pegged inflation at 8.6% in the U.S. and 7.7% here in Canada. While price growth has been mostly broad-based, higher energy costs are by far leading the way, up 35% both north and south of the border. Excluding energy, inflation in Canada would have been 5.8% last month. Oil is 10% Off […]
Recently, the Bank of America published a new report discussing the relationship between women and money. The report concluded that while 94% of females believe they will be personally responsible for managing their own finances at some point, just 48% are confident doing so and only 28% feel empowered to act. 94% Believe they will […]
According to a recently published Manulife survey, Canadians are so concerned about rising interest rates that many feel they will have no choice but to sell their house. The survey was in the field between April 14 and April 20, 2022. Its sample size exceeded two thousand participants between the ages of 20 and 69 […]
For anyone under the age of 60, this inflationary environment is probably something you’ve read about but never actually experienced. Friday’s U.S. inflation report showed that during May, prices grew +8.6% compared to one year before. This was the highest inflation rate since 1981. April’s print was +8.3%, down from March’s +8.5% rate. The hope […]
A new registered account to be called the First Home Savings Account (“FHSA”) was introduced in the 2022 federal budget. It’s set to launch in 2023 and will be useful for young Canadian residents looking to save for a down payment to buy their first home. The account borrows attributes from both the RSP and […]
