Bank of Canada Warns There Might Be Tough Times Ahead
The economic and personal challenges we face with a US trade war, writes Peter Watson. Recently the Bank of Canada Governor Tiff Macklem spoke about the significant dangers to the Canadian economy if we have a trade war with the US. There could be tough times ahead. The Canadian economy would weaken, inflation would rise, […]
How “the true North strong and free” will fend off an economic bully
Is Canada facing an economic bully? Peter Watson weighs in on the hot debate involving President Trump and his vision for Canada to be a 51st state. The country that shares our border is making repeated financially devastating gestures towards us. This has ignited a sudden rush of Canadian national pride. But that’s just the […]
Why investors should proceed with caution
Investors beware, this year will have many challenges, writes Peter Watson. The year is off to a rocky start. We have many challenges, and it is recommended that investors proceed with caution. President Donald is demanding trading partners, including Canada, pay a costly tariff to sell goods in the United States. Also, he has consistently […]
Understanding stock market returns
As investors, it is important to realize the “highs and lows” of the stock market. What’s interesting is that American stocks, as measured by the S&P 500 index, gained 25% in 2024. That was the first time in several decades there have been two back-to-back years with over 20% return. As an investor who owns […]
Trump’s Trade War Will Hurt Canadians
President Trump’s trade war against Canada could pose as a major financial risk, writes Peter Watson. Our former friendly ally to the south has attacked our financial stability. This is a fast-changing situation, but what is known is Trump wants to exert financial pain on Canadians by changing how trade between us operates. We cannot […]
Learn From Mistakes of Two Political Leaders When Preparing for Retirement
Learning from the mistakes of two political leaders can make us understand how important it is to plan for retirement, writes Peter Watson. Beware when planning for retirement. Life does not always evolve as you might have hoped. Key assumptions are made about when you will retire, and the cash flow needed to maintain your […]
Technology Will Disrupt How We Live
Technological advancements will disrupt our lives, writes Peter Watson. Humans and technology are going to have to learn to coexist. The rate of advancements with technology including artificial intelligence and robots is staggering. This will continue to change how we live our lives. Humans, on the other hand, have evolved extremely slowly since the beginning […]
Bad Financial Management Could be the Reason Canada Joins the United States
Will Canada join the United States? This has been a hot topic in the media because Donald Trump kept referring to Canada as the 51st state, writes Peter Watson. The answer to the question of whether most Canadians would want that to happen is a strong no. A more important question is under what circumstances […]
Use Technology to Help you With Your New Year’s Resolution
Using technology can be useful in achieving your New Year’s resolution, writes Peter Watson. This year’s New Year’s resolution comes with a suggestion that you increase your chances of success by using technology A starting point is to decide what life objective do you want to build towards. Do you have a dream wish? Examples […]
Ontario Auditor Makes Serious Allegations Against the Conservative Provincial Government
Allegations infer Ontario finances are mishandled, writes Peter Watson. There is an allegation that the Ontario Conservative government used public funds to advertise and promote their political party versus for the good of the public. Ontario’s auditor reported that Ontario spent $103 million on government advertising which is three times more money than it spent […]
