TruStone Financial Inc.

Canada’s small businesses can breathe a little easier with recent news from Deputy Prime Minister and Finance Minister Chrystia Freeland: the Canada carbon rebate for small businesses will remain tax-free. This clarification comes after concerns were raised by the Canadian Federation of Independent Business (CFIB), who received confirmation from Freeland that the rebate would not be treated as taxable income. The $2.5 billion rebate program, introduced in the latest federal budget, aims to return carbon price revenue to around 600,000 small and medium-sized businesses across the country. CFIB President and CEO Dan Kelly, an advocate for small business interests, highlighted that the rebate was meant to offset taxes small firms already paid—not as a financial gift—and expressed appreciation for Freeland’s efforts. While many small business owners continue to push for carbon tax reform, the tax-free rebate provides a meaningful step toward supporting Canadian businesses. Stay connected with TruStone Financial online for the latest financial news across the nation. #smallbusinesscanada #carbonrebate #taxrelief #canadianeconomy #smefinance #governmentpolicy #businessadvocacy #financialnews #canada #trustonefinancial

As interest rates start to decline, Canada could see a "mortgage war" on the horizon, with more than half of all Canadian bank mortgages up for renewal within the next two fiscal years, according to Royal Bank of Canada analysts. This shift in rates could bring welcome relief for many homeowners who locked in their mortgages at peak rates. For instance, on a mortgage initiated in June 2020, a 50-basis-point decrease at renewal could mean an annual savings of approximately $1,000—providing meaningful monthly relief for Canadian households. At TruStone Financial, we’re monitoring these and other financial developments across the Canadian economic landscape. Stay tuned for more updates! #mortgagerenewal #canadianeconomy #interestrates #mortgagesavings #financialplanning #financial #insurance #trustonefinancial

Honoring Remembrance Day with gratitude and respect, TruStone Financial pays tribute to the brave men and women who have served and sacrificed for our freedom. As we pause to remember their courage and dedication, let us reflect on the profound impact their service has made on our lives and communities. Today, we stand united in remembrance and appreciation, committed to carrying forward the values they fought to protect. Thank you to all who have served. Your legacy inspires us every day. #remembranceday #canada #canadianarmedforces #gratitude #honour #freedom #trustonefinancial

In securing a family’s future, a will stands out as one of the most essential tools. A well-prepared will ensures that assets are distributed according to the holder’s wishes while providing peace of mind for loved ones by eliminating uncertainties. Equally important is the choice of a trusted executor—an individual responsible for managing the estate and handling necessary tasks. Establishing a clear plan can help avoid potential legal and financial complications down the road, offering vital support to family members when it matters most. A solid will and a trusted executor are key components in creating a lasting legacy. #estateplanning #legacyprotection #familysecurity #willandtrust #financialplanning #futureproof #trustonefinancial

At TruStone Financial, advisors bring deep expertise to the table, staying at the forefront of financial trends, market shifts, and regulatory updates to provide sound guidance in any economic climate. Integrity is at the core of every client relationship; advisors here operate with transparency and prioritize clients' needs, building trust through ethical accountability. Recognizing that every client has unique goals and challenges, TruStone advisors focus on personalized planning, crafting tailored strategies that promote sustainable wealth and long-term confidence. They are also committed to continuous growth, engaging in ongoing training and professional development to deliver the latest insights and strategies to their clients. With TruStone Financial, our advisors uphold the highest standards of excellence and are driven by a commitment to your financial success, every step of the way. #financialadvisor #clientfirst #financialwellness #expertadvisors #trust #trustonefinancial

In a recent address from Washington during the International Monetary Fund meetings, Bank of Canada Governor Tiff Macklem highlighted the growing vulnerability to supply shocks and their implications for inflation. With inflation now under control, the central bank feels better equipped to address these potential disruptions. Macklem also emphasized the importance of enhancing productivity, a longstanding challenge for Canada that poses risks to GDP and may contribute to inflationary pressures. Additionally, the Bank of Canada is currently reviewing the federal government’s recent announcement to reduce immigration targets over the coming years, which could impact the economy. Stay tuned for more updates. #BankofCanada #inflation #productivity #economicgrowth #financialstrategy #TruStoneFinancial #CanadaEconomy

Employers have a unique opportunity to champion brain health, recognizing its importance beyond mere ROI. As our own Anthony Rodrigo, Chief Wellness Officer at TruStone Financial Inc., emphasizes, prioritizing mental well-being is essential for maintaining productivity and quality of life in today’s fast-paced world. With brain disorders on the rise, fostering a healthy workforce can reduce turnover, improve engagement, and attract top talent. By partnering with the life sciences sector, employers can access innovative, evidence-based strategies for proactive brain health. This alliance not only benefits employees but also strengthens communities and reduces long-term healthcare costs—a win for everyone. Click to below to read the newsletter. #brainhealth #mentalwellness #canadianemployers #workplacehealth #lifesciences #employeeengagement #canadianhealth #trustonefinancial

Income inequality in Canada has reached its widest gap since 1999, according to recent data from Statistics Canada. The top 40% of households now hold a 47 percentage point lead in disposable income over the bottom 40%. While lower-income households saw a notable rise in wages—particularly in service-sector jobs—this growth was outpaced by the wealthier households, largely driven by increases in investment income. The wealth disparity is further reflected in net worth, with the top 20% holding 67.7% of Canada’s wealth, averaging $3.4 million per household. Meanwhile, the bottom 40% hold just 2.8%. As mortgage debt patterns shift, younger Canadians are reducing their balances, potentially priced out of homeownership, while older households are taking on more debt, often to assist younger relatives or invest in property. At TruStone Financial, we understand the growing challenges Canadians face in managing their financial goals in an unequal landscape. Stay connected with us as we navigate events within the Canadian financial landscape and beyond. #incomeinequality #wealthmanagement #canadianfinance #financialstrategies #mortgagedebt #investmentplanning #trustonefinancial

As a financial advisor, ongoing success depends on the consistent development of key skills. Here are the top 3 skills to continually improve upon: Communication: Being able to clearly explain complex financial concepts is crucial for building trust with clients and guiding them through decisions. Analytical Thinking: The ability to assess market trends, financial statements, and investment opportunities is essential for delivering sound advice and maximizing client outcomes. Adaptability: The financial landscape is always evolving. Staying flexible and open to change helps you stay ahead of market trends and regulatory shifts. What other skills would you add to this list? #financialadvisor #clienttrust #analyticalthinking #communication #fintech #wealthmanagement #continuouslearning

On this National Day for Truth and Reconciliation, TruStone Financial stands in solidarity with Indigenous communities, recognizing their resilience, culture, and history. This day serves as a reminder of the ongoing journey toward healing and the importance of fostering respect and understanding for First Nations, Inuit, and Métis peoples. Together, we can create a more compassionate and equitable future. #nationaldayfortruthandreconciliation #everychildmatters #trustonefinancial #indigenousrights #orangeshirtday #truthandreconciliation