Sea Glass Wealth Advisory Group - Harbourfront Wealth Management

05/07/2026

If you are looking for a quick recap to go with your morning coffee, Stats Canada has released its Canadian Economic News update for April and it contains a great summary of the months economic news. From updates on the financial markets, news affecting Canadians, and provincial and territorial highlights, the monthly update is a quick read that will prepare you for your day. To read more, click below to go to the StatsCan website.

https://www.statcan.gc.ca/en/subjects-start/economic_accounts/canadian-economic-news/2026-april

05/06/2026

Conversations with your family about money matters can be difficult. Family dynamics can be complicated and for many, we have always been raised not to discuss it. In todays world, that attitude has changed and conversations with your loved ones about your estate and finances are more important than ever. In our Sea Glass Wealth blog, we dive into the topic of discussing money with your family and how you can prepare to have them in a way that is comfortable and meaningful for everyone. If this is a topic you have been thinking about, click below and go to our blog post and join the conversation.

It’s about removing avoidable stresses from life so our clients can focus on what matters to them. It’s about creating financial learning opportunities for all generations and opening-up important conversations about money.

05/05/2026

Good news today from Stats Canada with the most recent international trade reports posting a strong 8.5% increase in march, the first trade surplus since September 2025. This signals a $1.8 billion surplus in March compared to a $5.1 billion deficit in February. Leading the way were gold and crude oil exports, totalling $72.8 billion for the month, with strong increases made in motor vehicle parts and vehicles, up 4.5% and 6.1% respectively. To read the full release, click below to go to the Stats Canada website.

https://www150.statcan.gc.ca/n1/daily-quotidien/260505/dq260505a-eng.htm

05/04/2026

Many people are of the belief that accounts such as TFSA's, RRSP's, and RRIF's automatically pass on to family members or other people they choose. It is important to remember though that these loved ones must be named as a beneficiary in order to ensure they receive the funds when the time comes. A recent court ruling in Ontario, Kukan Estate v. Giasson adds clarity to the importance of designating specific beneficiaries to these types of accounts and we dig deeper into this in our most recent Link Between article. To read more, click below to go to The Link Between and if you have any questions, reach out. We'd be happy to discuss it with you.

Learn how clearer beneficiary rules for TFSAs, RRSPs, and RRIFs help prevent estate disputes.

04/30/2026

We are often asked by clients purchasing life insurance what will happen if the time should ever come where a claim needs to be made. This is an important question and one that both you and your executors should know the answer to. On our Link Between website, we have a new article published that delves into this very topic and walks you through the step by step process of working with your life insurance company to ensure a smooth and stress-free experience. Insurance isn't one of those things that you buy and hope you never need to use. It is an important cornerstone of any financial plan and should be reviewed at least annually to ensure you have the protection in place that is right for you and those that you love. If you have questions about your life insurance needs, give us a call, we have the expertise to walk you through the process and ensure you have the peace of mind you need.

Discover what your beneficiary can expect during the life insurance settlement process and learn how to ensure a smooth transition - read the full article to get informed and prepared.

04/29/2026

The government has announced in the Spring Economic Update that the projected deficit for 2026 has been decreased from $78.3 billion to $66.9 billion for the fiscal year. At the same time, also announced was a reduction to CPP premiums for Canadian workers, an extension for the first time home buyer plan grace period, and changes to other programs intended to benefit Canadians in a variety of areas. While not a budget, the update is an important period where governments typically present information on changes to forecasts and introduce mid-year announcements and programs. To read more, click below to read a summary of yesterday's announcement.

Lower CPP contributions, an extended first time home buyers’ plan grace period and other tax measures tabled in Ottawa

04/28/2026

Yesterday, Prime Minister Mark Carney introduced plans to establish the Canada Strong sovereign wealth fund. With an initial investment of $25B, the fund is designed to make the Canadian economy more resilient by investing in and funding projects that benefit Canadians. There remain many details to be shared however the Prime Ministers office has released an announcement that gives a good overview of the program and its intended goals. Click below to read more.

At the core of this new strategy are nation-building projects – new ports, mines, and trade and energy corridors that will unlock our vast resources, secure our domestic supply chains, and enable us to sell to new markets across Canada and around the world.

04/22/2026

Taking out a loan for a major purchase can be a stressful and confusing experience. There are many types of loans, many different lenders, and many different interest rates. Much depends on the type of loan you are considering. If you are purchasing a new car then you may find dealer financing to be an attractive option, and if you are looking to purchase a large household item them consumer financing might be the right option for you. The important thing is to shop around for the best loan and the best rate for you. On our Link Between webpage, we have a great loan calculator that you can input the specifics of your loan and calculate the payment, total interest you will pay, and explore different scenarios by changing the payment, length of the loan, interest rate. A little up front homework can go a long way in saving you big money on financing your purchase. To check out the calculator, click below to go to our Link Between website.

When it comes to debt reduction, every little bit counts. Use this Loan Calculator to see the impact that loan rates, payment frequencies and extra payments have on your debt reduction strategy.

04/21/2026

The Bank of Canada has released its first quarter Business Outlook Survey taken among business leaders in various segments across Canada during February of this year. Notable to take into account is the fact that the survey was taken before the start of the war in Iran at a time when consumer and business confidence was on the upswing. Based on thoughts then businesses for the most part predicted modest increases in sales, hiring, and manufacturing as tensions from the ongoing trade dispute with the US seem to be easing. The survey provides some interesting insights into the forecasts of Canadian business leaders however with the Iran conflict now ongoing, these predictions will need to be measured with a new lens on global affairs. To read the full survey, click below to go to the BoC website.

Results from the Business Outlook Survey and the Business Leaders’ Pulse indicate that firms’ sentiment has improved. Responses were mostly gathered before the start of the war in the Middle East. Fewer businesses reported being affected by trade tensions with the United States, and many expect ...

04/20/2026

Statistics Canada have released the inflation numbers for March and in the wake of the war in Iran, gas increases have pushed the rate of inflation to 2.4% in March, more than half a percent increase from the 1.8% inflation rate in February. With the price of gas increasing 21.2% in March, had this not been the case inflation would have leveled at 2.1%. The good news is that today marks the first day in the governments announced four month break on the federal excise tax on gas, a move that economists predict will shave one to two tenths of a percentage point off inflation during the period of the break. Click below to read more.

Gas price saw largest monthly increase on record in March