by harmerwealth | Mar 4, 2025 | Economy, Financial Planning, First-Time Home Buyer, Interest Rates, Investing, Investment Income, Mortgages, Real Estate, Retirement
We understand that the recent fear and volatility caused by Trump’s latest antics—particularly his tariffs on Canada—have left many of you feeling uneasy. If history has taught us anything, however, it’s that we’ve seen this before. This is Trump 2.0—a bad movie we’re...
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,...
