In June, the Bank of Canada raised rates for the third time this year, putting the benchmark interest rate at 1.5%. How will rising rates affect your clients, particularly those with debt? What does the current environment mean for their retirement plans? We examine several issues and explain how to have the necessary but difficult discussions.
Both mortgage and non-mortgage debt rose in April
You and your clients may need to get creative in brainstorming strategies for borrowing
Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees
A holistic approach to clients’ finances can help them prepare for interest-rate hikes and get out of debt faster
Creditor account protection across Canada is a jurisdictional maze
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
We dive into the intricacies of ETFs and investigate how the market is responding to recent trends.
The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of…
