Lynn – The Gift of Planning
When experiencing a difficult situation and looking for financial security, finding the right advisor can be a critical step toward making it easier. TD Wealth helped Lynn’s dad make sure everything was in place for when he was gone.
Lynn believes in the value of planning, as her father worked with TD Wealth to prepare his finances and plan for the future of his daughter, making a very difficult life experience easier.
Contact me today to find out how I can help you feel reassured in your financial future.
Newsletters
Over the last few years, most Canadians should have noticed a clear divergence of our economy versus the U.S. What’s most worrisome
is this divergence is expanding and accelerating at a faster pace.
For instance, last month (link) we wrote about how much worse the giant housing affordability issue will get for Canadian homeowners,
because of the higher renewal mortgage rates through 2024-2025 and 2026. In the U.S., most mortgage borrowers have a 30-year fixed
mortgage so they have been unaffected by the rise of interest rates creating an important divergence between our two economies.
Unfortunately, Canadians face another big challenge created by what we believe are some of the bad policies in Canada. The Canadian
GDP per capita has shrunk 5 quarters in a row. In particular, the Canadian GDP per capita was down about 4% annualized in the third
quarter. The National Bank chief economist explains it pretty well in their memo titled “the population trap.” 1 Click here to read.
