Kick-start 2026: Here’s how to establish a reliable retirement savings plan for your future
Starting a savings plan early can help you achieve your financial goals, writes Peter Watson. We have a New Year’s resolution for you. Hopefully, it will help you achieve your lifelong financial goals. It starts with planning how you will earn income for the rest of your life, and it comes in two stages. During […]
Here is a look at how the good and bad of 2025 will shape Ontario’s future
The negative impact of tariffs can lead us to a better future, writes Peter Watson. History will look back on 2025 as a pivotal year for Canada. Most years see change, but the change resulting from this past year will go down as very important to the evolution of our country. A year-in-review should be […]
OVERHAUL NEEDED: Why the Ministry of Health needs to modernize its controls of physician billings
OHIP billing system is antiquated and needs to be updated, as the monitoring costs were developed in the 1980s, writes Peter Watson. A recent report by the Ontario Auditor General revealed new information involving physician billings. However, some of the issues identified as problems were highlighted in a previous auditor’s report nearly 10 years ago. […]
Money matters, but what truly fuels your life? Here’s how money supports your priorities
The role of money is to support your priorities in life, writes Peter Watson. Money, money, money. We spend a lot of time thinking about the almighty dollar. There are many things more important than the size of your bank account. At this time of year, it’s a good time to reflect on what is […]
Investing can feel like an emotional roller-coaster, but great gains take time and patience
Long-term investors are advised not to try and time the market, writes Peter Watson. There are many reasons why you might attempt to time the stock market. But beware: timing the market can be a costly mistake. You might decide to sell your investment because of the negative research you have read or done on […]
Why holiday shoppers are balancing economic concerns with prudent shopping
It is always a trade-off between our ability to spend and the desire to spend, writes Peter Watson. This year, there are many reasons to spend less. Canadians feel pressure from the United States over repeated suggestions that we would become the 51st state, and over the damage to our economy caused by tariffs. That […]
Federal budget reveals Canada’s financial predicament
Canadians are suffering from decades of poor decisions made by both parties that have formed governments, writes Peter Watson. The Nov. 4 federal budget was our country sounding the alarm about how bad our financial position is and now has many of us realizing the many challenges that lie ahead. Financially, we are suffering from […]
What a Canadian Nobel Prize winner can teach us about success
A Canadian won the Nobel Prize for economics and we can learn a lot from his research, writes Peter Watson. Peter Howitt and his research partner from France published a research paper titled, “A Model of Growth Through Creative Destruction.” The Nobel committee summarized their research as showing how creative destruction drives growth. The key […]
The politics of spending: How government budgets differ from corporate ones
Peter Watson discusses how politicians prioritize power retention over responsible spending for Canada, while businesspeople focus on profit. Motivations for politicians versus businesspeople is why Canada continues to overspend, writes Peter Watson. What strategy is needed to create a budget for the Canadian government versus a budget for a large Canadian company? We will consider […]
Here’s why Canadians are entering the ugly stage of the normal economic cycle
Peter Watson discusses the challenges facing homeowners in the softening real estate market. The real estate market is getting soft, and many challenges lie ahead for homeowners. We notice that houses listed for sale do not sell or take significantly longer to sell than normal. Some homeowners are selling because they are having financial problems. […]