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Bank of Canada: A 0.25% Decrease in PRIME Interest Rate
Finally, some long-awaited good news from the mortgage market: the Bank of Canada has made its first rate cut of 0.25% to PRIME. This change is set to have a significant impact on homeowners across the country. If you're a Variable mortgage or loan holder, expect to...
Will Your Pension Stand the Test of Time?
In a world where financial security is paramount, especially for those approaching retirement, the sustainability of pension funds is a topic that increasingly occupies the minds of many. With the complexities of the financial markets and the demographic shifts of an...
The Lifetime Income Portfolio: A Sustainable Approach to Retirement Income
In the realm of retirement planning, ensuring a stable and sustainable income stream remains a paramount concern for individuals transitioning into or already enjoying their retirement years. Harmer Wealth Management, under the guidance of Chad Harmer, has crafted a...
Navigating the Financial Waters: Understanding Interest Rates and Their Impact in 2024
In recent years, global financial markets have experienced significant turbulence, primarily attributed to a dramatic increase in interest rates by world banks. This surge, particularly notable in 2022, has had a profound impact across various sectors, including...
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