by harmerwealth | Feb 7, 2025 | Economy, Financial Planning
Canada’s unemployment rate just fell to 6.6%, and while that might seem like just another statistic, it actually has a real impact on your finances, whether you’re a homeowner, potential buyer, investor, or simply managing your monthly...
by harmerwealth | Feb 3, 2025 | Financial Planning, Investing
It’s understandable that the news about Trump’s 25% tariffs on Canadian goods have some feeling nervous about their investments and the economy in general. When you hear about these kinds of geopolitical shifts, it’s easy to imagine a market meltdown. But, let’s...
by harmerwealth | Dec 7, 2024 | Economy, Financial Planning
📉 Canada’s Unemployment Rate Hits 8-Year High of 6.8% 📉 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...
by harmerwealth | Jul 18, 2024 | Financial Planning, First-Time Home Buyer, Interest Rates, Mortgages, Real Estate, Retirement
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...
by harmerwealth | Jun 5, 2024 | Debt, Financial Planning, Interest Rates, Mortgages
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,...
by harmerwealth | Aug 25, 2023 | Financial Planning, Retirement
Retirement planning is a crucial endeavor for anyone who envisions a comfortable and stress-free life after their working years. It’s a multi-faceted process that involves much more than simply saving money. Many individuals turn to professional retirement...
