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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Government Debt is a Risk for Canadians
Government debt is a financial risk that affects us all, writes Peter Watson. Will the mountain of federal and provincial debt cause Canada to go into a financial tailspin? Let’s consider the facts. The recent federal budget projected a deficit of $40 billion. This will add to our debt which is already over $1 trillion. […]