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Navigating the Current Real Estate Market: Interest Rates, Inflation, and Maturing Mortgages
With a recent surprise drop in inflation in Canada to 2.7%, the financial landscape is poised for some significant changes. Experts anticipate that this drop in inflation will result in another minimum 0.25% decrease in the PRIME interest rate on the Policy Rate...
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...
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