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How the Federal Election Could Impact Your Finances
Canada is heading to the polls on Monday, April 28, and one of the biggest issues this year is money. Whether it’s about saving on taxes, affording a home, or preparing for retirement, the 2025 Federal Election could bring major changes to your financial future. Here’s a simple breakdown of what each major party is…
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How to Survive the Final 5 Years Before Retirement: Avoid These 5 Common Mistakes
1. Understand the Danger of Sequence of Returns Risk Sequence of returns risk is when the stock market drops right when you start taking money out in retirement. Even if your average return is okay over 20 years, bad returns in the first few years can ruin your retirement plan. Why it matters now: How…
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Canadian Dollar Forecast: Why the Loonie Is Going Up
The Canadian dollar, also called the loonie, is getting stronger. This means you can now trade more U.S. cents for one Canadian dollar than before. As of April 11, 2025, the loonie was above 72 U.S. cents — its highest level since late last year. Why is the Canadian dollar rising? It’s because many investors…