Trump Tariff Risk to Canadians
The Trump announcement of Canadian tariffs is a risk to consider, writes Peter Watson. President elect Donald Trump shocked Canadians by announcing Canadian goods exported to the US would be subject to a 25% tariff. This was his way of getting everybody’s attention and highlighting things he wants Canada to do to avoid the tariff. […]
Be Proud of Your Financial Accomplishments
Be proud for all you have achieved this year, writes Peter Watson. The holiday season is a perfect time to be proud of all you have achieved during the year. Take satisfaction of your most significant life goals that you are working towards. Yes, most work hard at a job, cope with the high cost […]
Why is there so much debate surrounding the federal government’s GST reduction?
The recent federal government gift to many Canadians is a hot topic on many fronts, writes Peter Watson. The federal Liberal Party just announced that they will reduce GST tax payments on some items for a two-month period and many Canadians should receive a cheque for $250. Why is this news so topical in the […]
Holiday Shopping Insights
Shoppers are more optimistic, will spend more but look for value this holiday season, writes Peter Watson. The holiday shopping season has started. Here is what to expect. Almost one in five consumers plan to shop in physical stores. Many say this often generates gift ideas. These shoppers spend almost 10 per cent more than […]
Should the Government Eliminate Canada Post?
There are many reasons why Canada Post should be eliminated, writes Peter Watson. Should the government shut down Canada Post? Please consider this question from the perspective of the Canadian public. The main financial priorities of Canadians are the high cost of living and the shortage of housing and medical care. The government has the […]
Will the US election results trigger financial pain?
Will the Trump presidential victory could prove costly for Canadians? Peter Watson weighs in on this fundamental question. President Trump has regained the White House. The two main US election issues focused on immigration and the economy. Will this hurt Canada financially? During the campaign, Trump suggested at deporting millions of illegal aliens that poured […]
Many Older People Need Better Financial Advice
Many older Canadians are not getting the proper financial advice, writes Peter Watson. The quality of the financial advice you get from your advisor is both understandable and concerning. Younger investors aged 18 to 34 are not happy with their financial advisor, according to a Vanguard study. Only just over one in three felt they […]
Investment Regulation Can be a Negative for Investors
In our modern-day world regulation and compliance issues seem to be everywhere. My observation of regulation is it continues to get more complex and more time-consuming. That is certainly true in the investment business. On a positive note, I agree there should be a high standard of conduct for people providing financial planning and investment […]
Better financial management is needed in Ontario
There is a level of hypocrisy on how our Ontario government implements financial management, writes Peter Watson. On a positive note, starting next year Ontario students must achieve 70 per cent on a financial literacy test as a requirement to graduate from high school. Education Minister Stephen Lecce said one of the skills taught will […]
Will Trump Issues Cause a Stock Market Crash?
What we know from history is stock markets can be very volatile when the world is nervous, writes Peter Watson. There is potential for periods of nervousness ahead. Donald Trump, the former president, was recently found guilty on all 34 counts by 12 members of the jury. Immediately after receiving the verdict, he staged an […]
