Wealth Navigation Group

Wealth Navigation Group We serve as our clients’ as financial advocates, striving to simplify life.

01/13/2026

Follow these experts’ tips to help you master your money in 2026, one month at a time.

The recent interest rate cut by the Bank of Canada has implications for various groups of Canadians. Let’s break it down...
06/05/2024

The recent interest rate cut by the Bank of Canada has implications for various groups of Canadians. Let’s break it down:
1. Mortgage Borrowers:
-. Variable Mortgage Rates: If you have a variable rate mortgage or a home equity line of credit (HELOC), this rate cut is good news. Your interest rates will decrease, providing some relief on your borrowing costs 1.
3- Fixed Mortgage Rates: Fixed-rate mortgage holders won’t see an immediate impact, as their rates remain unchanged. However, lower overall interest rates could influence future fixed-rate offerings.
2. Savers and Investors:
- Savings Accounts: Interest rates on savings accounts may decrease. If you’re a saver, your returns might be slightly lower.
- Investments: Lower interest rates can affect investment returns. Bonds and fixed-income investments may yield less, while stocks could benefit from increased consumer spending.
3. Consumer Spending and Inflation:
- Consumer Spending: With lower borrowing costs, consumers may spend more, boosting economic activity.
- Inflation: The combined effect of increased consumer spending and a weaker Canadian dollar (due to lower rates) could lead to faster inflation 2.
Remember that individual circumstances vary, so it’s essential to consider your specific financial situation. If you have questions about your finances, please reach out and give us a call at 403-931-6789.

The Bank of Canada cut interest rates on June 5, reducing its key policy rate to 4.75%. Read the central bank's official statement here.

11/24/2023

Inflation has increased available contribution room for the TFSA

10/13/2023

When it comes to transferring the family business to the next generation, the tax rules in Canada are changing. Find out more.

Fun little article to get you thinking about your Estate Plan.  We would love to personalize a plan for you and your est...
08/16/2023

Fun little article to get you thinking about your Estate Plan. We would love to personalize a plan for you and your estate.

How much would Barbie’s estate be worth? We estimated Barbie’s net worth and outlined tips & tricks to help Barbie plan her estate and distribute her assets.

07/06/2023

Even when you are young and healthy should you still consider acquiring life and living benefits insurance? Discover factors that might affect your decision and the benefits of planning ahead.

Great message.  We don't need to be gamblers to get ahead but need to be investors and work with an Advisor.  If you or ...
03/07/2023

Great message. We don't need to be gamblers to get ahead but need to be investors and work with an Advisor. If you or someone you know needs information, reach out. We can help.

There is no decision that makes sense for everyone.

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