Author name: Magnolia

Despite widespread Canadian pessimism about economic prospects, the coming year is expected to bring moderate recovery. While 60% of Canadians predict economic weakening due to rising living costs and potential U.S. tariffs, forecasts suggest Canada’s economy will strengthen, outpacing many G7 countries. Key to this recovery is anticipated interest rate cuts by the Bank of […]

Gary Suen from Blueshore Financial, discussed essential financial goals for individuals and families entering the new year. Gary shared practical tips for sticking to a budget during uncertain economic times, explored tax-saving strategies to consider as the year begins, and offered advice on navigating financial planning in 2025 amidst inflation and fluctuating interest rates. Don’t

Despite the Department of Finance announcing on Tuesday that the Canada Revenue Agency will proceed with administering the proposed capital gains tax changes as planned, Graham Priest, an investment advisor and portfolio manager at BlueShore Financial in North Vancouver, B.C., believes the amendments are unlikely to pass. Priest noted that Canadians, anticipating the changes, have

One of the biggest dangers for the inflation outlook is US President-elect Donald Trump’s threat to impose 25% across-the-board tariffs on Canadian goods. These are “significant downside risks, suggesting to us that recession in 2025 is a very real possibility,” warns Nick Rees, senior market analyst at Monex Canada. “If Trump delivers a 25% day-one

Last week’s central bank cut undoubtedly marked good news for homebuyers across Canada, BlueShore Financial advisor Nico Wong told Canadian Mortgage Professional, in boosting their borrowing power and expanding their budgets. That reduction will improve the mortgage outlook for scores of hopeful buyers – and it will also have an impact in other areas that can

Graham Priest, an investment adviser with BlueShore Financial, said money that’s going to be set aside for short-term goals could also be put into a fixed-income investment that guarantees a return. “You don’t want to have money just sitting, doing nothing in a chequing account,” Priest said. “When you’re looking at short-term savings, you’d want

Monetary easing typically works with a lag. Thus, a faster-than-intended moderation in inflation could push Canada toward a recession. “Canada is not yet on the brink of recession, and government stimulus [in the form of rebate checks and tax holidays] should ensure a false dawn for growth before the year-end,” says Nick Rees, senior FX market

Transformative technology solutions built for telecom retail were announced and displayed at iQmetrix’s recent flagship industry event SummitX 2024. iQmetrix, North America’s only provider of Interconnected Commerce solutions for telecom retail, hosted the only event of its kind in North America targeted at this niche market. The theme of this year’s event was Innovation |

One of the most efficient ways to have the lien removed from title is to “vacate” the lien. However, vacating the lien does not resolve the underlying dispute between the lien claimant and the contracting party. If a contractor is not paid within a certain amount of time, they may register a construction lien against

Parties contemplating the formation of a limited partnership in Ontario should consider the implications of a recent decision by the Ontario Superior Court of Justice in Anthony v. Binscarth Holdings GP Inc., [2024] O.J. No. 1580. The court in Anthony considered limited partners’ entitlement to annual cash distributions, and specifically, their ability to cause the general partner to