Will you owe taxes for 2011? Do you wish you could make a larger contribution to your RRSP but don’t have the funds to do so? If you have RRSP contribution room, an RRSP loan may be a great solution. There are a number of insurance companies that will lend you money [...]
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The volatility hitting Europe and the risk of damage to the global economy means the Bank of Canada may move to cut its benchmark interest rate to ward off the risk of recession. Some economists are predicting a cut in the prime rate anywhere from 0.5% to 0.75%. Even if they are wrong the general [...] Demand for energy and more notably oil is expected to continue to grow despite the specter of global recession and the restoration of oil flow out of Libya. Rising demand for fuel from China and other emerging economies, declining output from traditional suppliers including the North Sea and interruptions to production in key exporters [...] Canada is the best place to do business in the world, according to a new Forbes ranking, up from fourth place. Forbes’ ranking was based on 11 areas in 134 nations, such as property rights, taxes, technology, innovation, corruption, red tape, personal, trade and monetary freedoms, investor protection and stock performance. Making up the [...] Canadian senior economist Sal Guatieri asserts that immigration as a key factor in keeping home prices and sales steady through 2012, as their increased numbers support demand, particularly in urban areas. “Meanwhile, Canada’s relatively sound fiscal finances have made it a desirable destination for non-residents to park their wealth during these uncertain economic times.” There [...] The emergence of Saudi Arabia as an important consumer sets a critical new trend that could have profound implications for oil prices over the next few years. Growing population and dirt cheap subsidized energy has sparked a surge in domestic consumption. Add to that the reports that Saudi Arabia’s reserves are overstated, the exportable [...] Mark Carney, in the last central bank meeting, indicated interest rates will eventually have to be raised due to a strengthening economy – it’s the same rhetoric we have been hearing now for over a year. Interest rates have been kept unchanged now for a seventh consecutive time. This wording, implying the eventual [...] The Bank of Canada will probably leave its benchmark interest rate at 1 per cent for a sixth consecutive decision. At this point, the smart money seems to be on there being no move before September or October. Derek Holt of Scotia Capital, an analyst with a particularly solid track record of prescience, says Mr. [...] addthis_url = ‘http%3A%2F%2Fwww.investingincanada.org%2Freal-estate%2Finvestment-property-buying-tips’; addthis_title = ‘Investment+Property+Buying+Tips’; addthis_pub = ’101864143197340′; Household debt as measured against disposable income nudged lower from a record high in late 2010, a sign that Canadians are beginning to curb their borrowing behaviour. Canadians’ net worth hit a record in the fourth quarter, 4.1% above the pre-recession peak set in the second quarter of 2008, and nearly 15% above the trough [...] |
peter@investingincanada.org 
Peter Merabian helps Canadian individuals and families by providing investment and tax saving strategies that help them achieve their financial goals sooner. Peter also manages his own multi-million dollar rental property real estate portfolio which he co-owns with investors. Unlike many financial advisors, Peter uses a global approach to investing and puts money where his mouth is by personally using many of the strategies he advises his clients on. |
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