Sea Glass Wealth Advisory Group - Harbourfront Wealth Management

06/25/2026

Inflation is back in the news as the US posted a 3 year high inflation rate in May from one year earlier. Driven by high gas prices, inflation rose 4.1% in May, sparking concerns that the next Federal Reserve rate change will be an increase, not the decrease favored by the US Administration. It appears as though the battle to control inflation may not be over yet, to check out the full Investment article, click below to read more.

Consumer prices in the U.S. rose 4.1% in May from a year earlier

06/24/2026

In a report released by the Fraser Institute, charitable donations from Canadian tax filers has dropped in the 10 year period from 2013 to 2023. The amount of donations dropped in every province over this period and Canada as a whole dropped from 21.9% of filers donating in 2013 to 16.8% in 2023. The overall percentage of income donated has remained somewhat consistent at .52% compared to .55% in 2013. The report offers no insight as to the reasons for the drop, however the Covid 19 pandemic and economic concerns among Canadians has likely played a role. Charitable giving is an important pillar of most financial plans. Not only is it important for organizations to survive, but also can play a role in minimizing your tax exposure. If you want to learn more about charitable giving, we would love to chat with you to discuss how this strategy may work for you.

https://www.fraserinstitute.org/sites/default/files/2025-12/generosity-in-canada-2025-generosity-index.pdf

06/18/2026

The cruise season is in full swing and 2026 looks to be another record year for cruise ship traffic in Vancouver, according to the Vancouver Fraser Port Authority. This year 360 cruise calls will take place at the Port of Vancouver resulting in more than 1.4 million passengers flowing through the city. Overall the Port of Vancouver expects the economic impact of this years cruise season to top $1.0 billion, another record. New innovations being put into place such as facial biometrics and expanded shore power to ships will increase efficiency in boarding and cut emissions significantly in a win-win for both passengers and the environment. Click below to read the full report from Vancouver Fraser Port Authority.

More than 1.4 million passengers expected to pass through Canada Place cruise terminal this year, as port moves to expand shore power capabilities to reduce cruise ship emissions.

06/17/2026

Keeping our clients informed and up to date with all things financial is an important pillar of the Sea Glass Wealth philosophy. One of the tools we are most proud of is our Sea Glass Wealth Client Resources page on our website. At the Resource Page you can find links to interesting and informative podcasts, blogs, and articles to check out for answers to many of your financial questions. It is another way that Sea Glass Wealth helps engage with our clients and anybody who wants to keep in the know. To take a look at our Client Resources page, click below to head over to our Sea Glass Wealth website and join the conversation.

https://seaglasswealth.com/

06/16/2026

Many of us don't consider mortgage fraud as a big deal, however in Canada it is becoming a very big deal indeed. According to an Equifax report, over 2 out of every 1,000 mortgage applications involve mortgage fraud in one way or another. MoneySense has republished a great article from 2025 that dives into mortgage fraud, how it happens, and most importantly how to protect yourself from falling victim to it. Identity theft is the greatest contributor to mortgage fraud and the consequences of having your identity compromised can be significant. Click below to read the full MoneySense article, and if you have questions on how to protect your identity, give us a call. We'll be happy to meet with you to discuss how identity protection is an important pillar in your overall financial strategy.

If criminals steal your identity, they can take out a mortgage in your name—or even sell your home! Here’s how to reduce your risk of mortgage fraud.

06/15/2026

Every year, CMHC releases its annual Mortgage Consumer Survey containing useful information, stats, and details that are a must read for anyone looking to obtain a mortgage or refinance an existing one. This years survey has been released recently and takes the information obtained by 4,100 Canadians surveyed in January on a variety pf questions from their mortgage needs to what is important to them when selecting a mortgage professional. If you are considering taking a mortgage then this report is a must-read for you. To view the 2026 CMHC Mortgage Consumer Survey, click below to go to the CMHC survey website.

Explore the 2026 CMHC Mortgage Consumer Survey results. See how Canadians are buying homes, refinancing and managing mortgage decisions.

06/12/2026

Led by slow sales in apartments and condominiums, home sales in the Lower Mainland dropped by 3.5% in May compared to the same period in 2025. House and townhouse sales remained steady for the month. Price trends were more or less unchanged in May and the average 'days on market' in all categories was consistent in the low to mid 30 day range. Click below to read the full report from Greater Vancouver Realtors.

https://www.gvrealtors.ca/market-watch/monthly-market-report/may-2026.html

06/11/2026

In the face of continued economic uncertainty, the Band of Canada has kept their benchmark interest rate unchanged at 2.25%. Citing a weaker growth backdrop, slightly higher inflation, and continued uncertainty in our relationship with the US, the BoC decided to hold rates steady for now. Click below to read a summary published this morning by TD Economics.

Bank of Canada Interest Rate Announcement (June 10, 2026)

06/10/2026

You’ve built your business from the ground up and have worked hard to ensure its success. Now that your business is growing, isn’t it a good idea to protect it in case of a shareholder’s unexpected illness or death?
On our Link Between website we have a great short video that explains shareholder agreements and ways you can protect your business if something unexpected were to happen to you. To learn more, click below to watch the video and if you have any questions, reach out! We would love to meet with you to discuss more.

Have you ever wondered what would happen if you or your business partner died? A shareholders’ agreement is a great way to address some of these difficult questions.

06/09/2026

If you own revenue property then this recent report from Statistics Canada on average rental rates may be of interest to you. According to StatsCan, the average rent for a two bedroom apartment in Vancouver dipped 2.2% in the first quarter of 2026 to $3,100 per month. This is consistent with other major metropolitan Canadian cities who all showed drops in average rents with the exception of Halifax, Regina and Saskatoon, who all experienced significant increases in rents over the first quarter of 2025. Click below to read the full StatsCan report.

https://www150.statcan.gc.ca/n1/daily-quotidien/260609/dq260609c-eng.htm