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Are you receiving the child benefits you’re entitled to? + MORE Jun 13th
No surprise, but raising kids is expensive. Statistics Canada calculates that each child costs a two-parent household an average of $17,235 a year.
To help parents make ends meet, the federal government offers the Canada Child Benefit (CCB). If you have children under 18 and file a tax return, yo.... More »
Donald Trump’s new meme coin: $Trump Jan 20th
President-elect Donald Trump has launched a new cryptocurrency token that is soaring in value—and potentially boosting his net worth—just before his inauguration. It’s the latest norm-defying promotion by Trump, who has also helped sell branded bibles, gold sneakers and diamond-encrusted watch.... More »
Sales up, prices down in GTA housing market Oct 6th
Toronto-area home sales rose in September while prices continued to decline, as the city’s real estate board says the market could continue heating up amid ample choice and lower borrowing costs.
The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5% from Se.... More »
How AI is helping Canadians budget, save, and tackle debt Aug 1st
Canadians are increasingly turning to artificial intelligence for help with their money. From smart budgeting tools to automated investing apps, AI is quickly becoming part of how we manage our finances.
According to research by Ipsos Canada, commissioned by BMO, 33% of Canadians use AI tec.... More »
BMO, Scotiabank top earnings forecasts but sound wary note for road ahead - The Globe and Mail Aug 27th
BMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailCanada’s Big Banks Expected to See Revenue Boost From Solid Capital Markets The Wall Street Journal'Uncertainty meter has gone down': Bank execs hope for economic 'green shoots' after .... More »
Talking about money can be loaded with emotions. In fact, 44% of Canadians said money is one of the big topics that they fret over, according to the 2024 Financial Stress Index. Nearly half of those surveyed say they lose sleep over money troubles. Any divorce lawyer will tell you that money issues are often a big factor in the dissolution of a marriage. And you’re likely no stranger to seeing the stress in your clients when they talk about their financial situations with you.
It makes sense then, that financial advisors, bankers, accountants and anyone helping people manage their finances, may have an emotionally fraught conversation with a client from time-to-time. Whether a client becomes quiet, hyperactive or even cries, these are all natural reactions to an emotionally uncomfortable state. But that doesn’t mean we have to let these reactions come in the way of giving sound advice and helping people reach their financial goals.
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