The Financial Pipeline

Explore the effects of rising mortgage rates on the Canadian economy and consumers' finances in the latest summary of Canso Investment Counsel Ltd. Market Observer. Some key expert insights: 👉Future mortgage rates may not drop much, despite economic pressures 👉Fixed rates remain steady, but variable rates may not be the go-to choice anymore Read more on the summary of their analysis here: https://bit.ly/3NXW6pV #MortgageRates #CanadianEconomy #HousingMarket #Finance

In the market for some #mutualfunds? Make sure to check out each Fund Facts sheet before investing! 📄 This handy sheet gives you a quick snapshot of what to expect from the fund, covering everything from investment goals and strategies to fees, top holdings, and risk levels. Click here to read more: https://bit.ly/3YIkVey #bonds #wealth #financialliteracy #financialeducation

Our favorite month is upon us - financial literacy month! 📚 Join us in this month's newsletter as we’re covering essential financial health tips like understanding credit (cards, statements, and scores), smart strategies for paying off student debt, and much more! #newsletter #financialliteracy #financialeducation #personalfinance #savings #credit #debt #etf

With the Bank of Canada’s latest rate announcement, knowing how interest rates work can make a real difference—especially if you have a variable-rate mortgage. Watch our video below as we break down what interest rates mean and how they affect your money. #interestrates #financiallitteracy #financialeducation #learnmore

A low credit score is like a bad haircut—easy to get, hard to fix… Want to keep your score looking sharp? Start by understanding what impacts it. Learn more here: https://lnkd.in/eTQW5Azs #credit #creditscore #infographic #financialliteracy #financialliteracymonth #financialeducation

Whether you're looking to maximize your TFSA, grow your RRSP for retirement, or make strides toward homeownership with the FHSA, our calculators have you covered. Discover exactly how much you can contribute to each account! 👇 https://lnkd.in/eYmE4tFs #financialliteracy #financialliteracymonth #financialeducation #FHSA #TFSA #RRSP #Canada

Do you know what impacts bond prices? 🤔 With all the recent rate hikes and cuts, now’s the perfect time to understand what this means for investment opportunities. 👀 #bonds #interestrates #financialliteracy #financialliteracymonth

🚨Update on the Bridging Finance Scam🚨 Yesterday, on October 29, 2024, ~ Bridging Finance execs were found guilty of fraudulent activities by the Ontario Capital Markets Tribunal. A detailed investigation concluded that the Sharpes both engaged in fraud in connection with the three sets of impugned transactions: 👉 Misled investigators 👉 Natasha Sharpe allowed her husband to listen in on her examination by the regulator 👉 David Sharpe tried to intimidate former BFI employees who were cooperating with the firm's receiver The firm's collapse is expected to result in more than $1 billion in investor losses. Retail investors haven't received any of their money back, but PwC has previously said it hopes to make an initial distribution to investors this year. Watch our video below to learn how Bridging Finance stole millions: https://lnkd.in/ecus7Giq #marketanalysis #bridgingfinance #scam #financescam #financenews

How will the United States election impact Canada? 🤔 Key Considerations: 👉 Trade and Policy: Benjamin Jang, CAIA, CIM, DMS highlights the importance of the USMCA and its impact on key industries like auto manufacturing. Both presidential candidates are leaning towards protectionist policies, which could have serious implications for Canadian trade. 👉Market Uncertainty: Matt C. Altro, CFP (Canada), CFP (US), F. Pl., TEP emphasizes that “markets don’t like uncertainty.” The outcome of the election and which party controls Congress will heavily influence economic policies. 👉Interest Rate Differentials: Jang also warns that widening rate differentials can lead to a weakening Canadian dollar, potentially driving inflation higher and impacting businesses and consumers alike. Make sure to read the full article for more insights! https://lnkd.in/e_HQcNiy #election #ecomomy #interestrates #marketanalysis

The Bank of Canada announced today that it's cutting its key interest rate by 50 basis points. ❓How does that impact mortgages❓  Cutting interest rates generally leads to lower mortgage rates. 👉If you've got a fixed-rate mortgage, a rate cut won't affect your payments. However, new fixed-rate mortgages might be offered at lower rates. 👉If you have a variable-rate mortgage, a rate cut can reduce your monthly payments as the interest rate adjusts in response. This means instant relief for variable-rate holders. Learn more about the difference between fixed vs variable mortgages here: https://lnkd.in/debTVEq7 #BoC #financenews #mortgage #interestrates