Susan Ewanick

How are Canadians feeling about Retirement? Check out the 2024 Fidelity Retirement Report #valueofadvice #retirement

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Global corporates hold potential for capital appreciation and higher yield, to complement core bonds. Learn more about Mackenzie Global Corporate Fixed Income Fund: https://ow.ly/eKEH30sEcZS

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Wow! The recent statements by Bank of Canada Governor Tiff Macklem reflect a concerning detachment from the fundamental economic principles that should guide central banking policy. Macklem's assertion that the "balance of worries is shifting" from inflation to the risk of inflation falling too far reveals a misunderstanding of both the historical and practical realities of managing the economy. Firstly, the idea that the central bank should now be worried about inflation falling too far is reminiscent of the notion that economic stability can be controlled by constant intervention. History has shown that such attempts often lead to unintended consequences—most notably, the creation of asset bubbles and the misuse of resources. Instead of trying to fine-tune the economy, the central bank should focus on maintaining monetary stability. Macklem's comments on the need for "somewhat restrictive policy" are equally puzzling. The notion that the central bank can precisely calibrate the economy by toggling interest rates is an overestimation of the central bank's capabilities. The persistent high levels of household debt in Canada, and the fact that per-capita GDP growth has contracted for four consecutive quarters, indicate that previous policies have already distorted the economic landscape. Lowering rates further, in hopes of stimulating growth, risks exacerbating these distortions. Moreover, the worry about inflation not reaching the 2% target ignores the fact that inflation is not uniform. Different sectors of the economy experience inflation in varied ways. True economic health cannot be measured by a single number, but by a range of indicators that reflect the real economic well-being of the populace. The further reference to the potential trade disruptions under a possible second term of President Donald Trump highlights the misplaced focus. While trade policies certainly affect the economy, the central bank's primary responsibility is not to engage in speculative concerns about political outcomes, but to provide a stable monetary foundation upon which businesses and consumers can make informed decisions. The central bank's role should be to provide stability, not to experiment with new tools like quantitative easing, which have long-term consequences that are not yet fully understood. Economic freedom and market mechanisms, not central bank interventions, are the true drivers of prosperity. https://lnkd.in/gMfRnvmY #economicpolicy #economicfreedom #monetarypolicy #centralplanning #economicstability #freemarket #capitalism #inflation #bankofcanada #interestrates

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Big News from OSFI: The Office of the Superintendent of Financial Institutions (OSFI) is making it easier for homeowners to switch lenders at renewal by removing the stress test requirement for uninsured mortgages. Here’s what you need to know: • OSFI’s new policy will take effect later this year (official date to be confirmed). • If you’re renewing your mortgage and switching lenders, you won’t have to pass the mortgage stress test anymore. • This change only applies to uninsured mortgages, aligning them with insured mortgages for "straight switch" renewals. This shift is a game-changer for many homeowners who want more flexibility with their lender at renewal. I’m here to help you navigate these changes seamlessly, ensuring you get the best rate and options for your specific needs. Ready to explore your mortgage renewal options? Reach out to me today. #VineGroup #OFSI #mortgagerates #mortgagetip #mortgageagent #mortgagebroker #mortgagespecialist #mortgageassociate #mortgageconsultant #realestate #realestateinvesting #realestate #realestatemarket #financialneeds

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Great reminder on protecting your home with regular maintenance! Tips for Home Maintenance!

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What you need to know about the Bank of Canada’s latest rate cut. Josh Nye, Canadian Fixed Income Strategist, shares three key takeaways. #ratecut #BOC

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What can financial professionals do to improve financial literacy in our schools? At Edward Jones, we make it simple. Our financial advisors go to the classroom. So proud of our very own Geoff Hotrum who spent a day with a group of grade 11 accounting students at an East Toronto school made possible through our community partnership initiatives. Read more about Geoff's teaching moments below and please share in the comments what you think we can do to enhance financial literacy in schools? #Money #Advice #EJFinancialAdvisors #wedomoneydifferently

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Are you a founder building your startup dream team? Ditch the C-suite checklist and optimize for cultural fits while strategically balancing your workforce. Read this and other essential advice from a founder who’s been there. Quick growth forced Winnipeg-based startup Gryd to scale from two to 30 in a short period. CEO & co-founder Josh Glow shares how he did it with RBCx, and tested strategies for making key hires, fostering culture and avoiding turnover. https://bit.ly/3N0vOTl #RBCxPowersBold #founder #startup #mycompany

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Are you a founder building your startup dream team? Ditch the C-suite checklist and optimize for cultural fits while strategically balancing your workforce. Read this and other essential advice from a founder who’s been there. Quick growth forced Winnipeg-based startup Gryd to scale from two to 30 in a short period. CEO & co-founder Josh Glow shares how he did it with RBCx, and tested strategies for making key hires, fostering culture and avoiding turnover. https://bit.ly/3ZETnsw #RBCxPowersBold #founder #startup #mycompany

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Many people dream of owning a cottage or cabin as a retreat or family legacy, but what misconceptions do we have about cottage ownership, especially when it comes to passing it down? Mindi Banach, Tax and Estate Planner, TD Wealth, joins Greg Bonnell to share key things to consider so your cottage experience can be a positive one.

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Many people dream of owning a cottage or cabin as a retreat or family legacy, but what misconceptions do we have about cottage ownership, especially when it comes to passing it down? Mindi Banach, Tax and Estate Planner, TD Wealth, joins Greg Bonnell to share key things to consider so your cottage experience can be a positive one.

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Your credit rating is how lenders check to see how reliable you are about paying your debt. Your credit history is considered a reliable indicator of how you will manage your mortgage and finances. A less-than-stellar rating can affect your ability to get the best mortgage rates. I have access to strategies to help you polish your credit or build (or rebuild) your credit over time, giving you access to the best possible rates and more borrowing options. If you have shaky credit and need a mortgage now, reach out. We may be able to find a way!

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No Negative Equity Guarantee; The CHIP Reverse Mortgage! You may consider a Reverse Mortgage to turn your Home Equity into Tax-Free cash as part of your retirement solution. However, you might question, "With a Reverse Mortgage will I owe more than my home is worth?"  The answer to this is NO. The CHIP Reverse Mortgage has safeguards built into products to ensure you are not at risk of losing your home or equity. What is the No Negative Equity Guarantee? The No Negative Equity Guarantee* ensures that if you meet your property taxes and mortgage obligations, the financier guarantees that the amount owed on the due date will not exceed the fair market value of your home. If the house depreciates and the mortgage amount due is more than the gross proceeds from the sale of the property, the financier covers the difference between the sale price and the loan amount. Ultimately, the No Negative Equity Guarantee keeps you and your equity secure in your home. The peace of mind you get from leveraging a Reverse Mortgage is protected no matter the economic backdrop. *: IMPORTANT: No Negative Equity Guarantee applies as long as you keep your property in good maintenance, pay your property taxes and property insurance and your property is not in default. The guarantee excludes administrative expenses and interest that has accumulated after the due date. So, with your questions, don't hesitate to reach out to me. Additionally, for the advice, and Comprehensive, Tailored, and Competitive New & Refinancing Residential Mortgage Solutions via Multifaceted, and Multisource Network of Lenders, do not hesitate to contact me directly. Also, with the built-in flexibility for English, French, Spanish, Hindi and Chinese Languages, please do not hesitate to download My Personal Mortgage APP, and get access to all premium tools to help you with planning for your Residential Mortgage, and be able to reach out to me directly with questions, and for advice & solution. For my mobile app: Option 1: via https://lnkd.in/g8ttmhB8 Option 2: via my website: www.marjanbozorgi.ca Marjan Bozorgi, Mortgage Agent Level 1 TLC Mortgage Group, Licence# 12988 cell: 416 . 602 . 8022 e-mail: [email protected] mobile app: https://lnkd.in/g8ttmhB8 Mortgage Application: https://lnkd.in/g-K8YFKD website: www.marjanbozorgi.ca #mortgageadvice #mortgagespecialist #mortgageadvisor #residentialmortgage #mortgagerates #mortgagerenewal #mortgagefinancing #interestrates #mortgageinterestrates #reversemortgage #CHIP #HELOC #Downsizing #mortgagecalculator #mortgagebrokers, #mortgagelending, #mortgagesolutions #banking #realestateinvestment #mobileapp #mobileapps #mortgageapp #mortgagemobileapp #lendingsolutions #lenders #canadianmortgages #ontariomortgages #realestatefinance #realestatemarket #firsttimehomebuyer #mortgageprotection #mortgageprotectionplan #selfemployed #selfemployedmortgage #stresstest #mortgagestresstest

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Autumn, the season that teaches us change can be beautiful. 🍂 👊 ATB's Power Move, a campaign that teaches us that switching banks can be beautiful.... with up to $720.00 back in your pocket!! With more than 280 branch and agency locations, and over 5000 team members delivering exceptional experiences to Albertans like you, we are already in your backyard. Come say hi! 👋 Everything we do is focused on how we can serve Albertans—from providing expert advice and supporting entrepreneurs to helping Albertans buy a home and grow their wealth. We have lots of hard decisions to make in our lives. Switching banks doesn't have to be one of them. Make your Power Move with ATB Financial 💙 https://lnkd.in/eTJsAGgp #teamatb #atbfinancial #alberta #albertabusiness #community #powermove #financialadvice #financialempowerment #atbamp

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