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Canada’s Unemployment Rate Reaches 8-Year High: What It Means for Your Finances

Canada’s Unemployment Rate Reaches 8-Year High: What It Means for Your Finances

by harmerwealth | Dec 7, 2024 | Economy, Financial Planning

📉 Canada’s Unemployment Rate Hits 8-Year High of 6.8% ðŸ“‰ Canada’s economy is making headlines, and not for the best reasons. The national unemployment rate has reached 6.8%, the highest level in 8 years. While this news may seem concerning, it’s essential to...
🚨 0.5% Rate Drop| WHAT IT MEANS FOR YOU! 🚨

🚨 0.5% Rate Drop| WHAT IT MEANS FOR YOU! 🚨

by harmerwealth | Oct 23, 2024 | Debt, Economy, Interest Rates, Mortgages, Real Estate

Boost in Mortgage Affordability: Lower interest rates reduce mortgage costs, potentially increasing what you can afford. While this opens the door to homeownership for many, it may also drive up real estate prices as demand rises. Now could be the time to assess your...
Understanding the Recent Downturn in the Stock Market: What You Need to Know

Understanding the Recent Downturn in the Stock Market: What You Need to Know

by harmerwealth | Aug 6, 2024 | Covid-19, Economy, Interest Rates, Real Estate

You may have seen recent headlines about worldwide stock markets, and it’s easy to feel concerned. However, let’s break down what’s happening in a way that’s easy to understand and not as alarming as it may seem. Recently, a U.S. jobs report showed...
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