MD Financial Management
Bank of Canada still looking for sustained downward momentum on inflation
— Wesley Blight
Key takeaways The Bank of Canada’s target for the overnight interest rate remains at 5%. While inflation has eased, it remains high and risks remain. The Canadian economy is in excess supply. The Bank of Canada (BoC) has once again held its target for the overnight rate at 5%. This marks the sixth consecutive interest rate announcement where the BoC has held its policy interest rate steady since moving to 5% in July 2023. The decision was widely anticipated, as was the confirmation that the Bank will continue to normalize its balance sheet by not replacing maturing Government of Canada bonds that it holds. The Bank continues to look for definitive evidence that downward pressure on inflation is sustainable As…
Helping the seniors in your life detect and avoid home…
Learn how home renovation scams work, how to recognize them and prevent them, and how…
A Guide to Alternative Investments
Here’s a guide to help you weigh the pros and cons and consider whether alternative…
U.S. Federal Reserve holds interest rates steady, projects 0.75% worth…
— Richard Schmidt
In its March 2024 meeting, the US Federal Reserve held rates steady at 5.25-to-5.5% and…
How to use your savings to support your longevity
Canadians are living longer, and that has significant implications for our financial well-being. Here’s how…
How new trust reporting requirements for bare trusts could impact…
The income tax rules governing which trusts must file an annual T3 Return have been…
Bank of Canada holds interest rates steady, needs more convincing…
— Wesley Blight
The Bank of Canada has again held its interest rate at 5%, saying that it…
What will it cost to age in place?
Aging in place (living at home rather than moving into long-term care) comes with financial…
Wealth transfer: Having challenging conversations with your family
Wealth is a complex topic to navigate, particular in the context of family. Here’s why…
RRSPs: Your top questions answered
Registered retirement savings plans were created to help Canadians save for retirement. Get answers to…
U.S. Federal Reserve does not expect to cut interest rates…
— Richard Schmidt
Interest rate hikes are likely off the table and the U.S. Federal Reserve is considering…
Episode 34: The fourth quarter put the year on its…
— Craig Maddock, Wesley Blight
We look back at a strong fourth quarter and how staying invested paid off, and…
Bank of Canada: Further rate hikes off the table?
— Wesley Blight
To kick off 2024, the Bank of Canada (BoC) decided to hold its target for…
Value of Advice: I just inherited a house/property. What should…
Whether you decide to keep, sell or rent out the family home, there are financial…
Investing through 2024 and beyond with robust portfolios
— Craig Maddock
We examine the short-term and long-term considerations for our clients’ portfolios. Let’s compare our 12-month…
Recommended Tax Changes for 2024
With the new year upon us, it’s a good time to review the major personal…
Preparing for a purpose-driven retirement
Retirement lets you reflect on who you are and who you want to be. Learn…
Benefits of working with an insurance consultant
Life and health insurance can play many roles in your financial plan, including safeguarding your…
U.S. Federal Reserve maintains policy interest rate, projects lower rates…
— Richard Schmidt
The U.S. Federal Reserve (Fed) has once again left its target range for the federal…
2023 Year-end tax planning tips
The last quarter of the year is a good time to review your annual tax…
Withdrawing from your RRSP early: When could it make sense?
Other financial priorities might make you wonder if you should withdraw money from your registered…