The cannabis industry in Canada is rapidly evolving, with new opportunities and challenges emerging in the digital landscape. As the market grows, so does the need for cannabis businesses to embrace digital transformation.

For the third time in as many meetings, the Bank of Canada (“BoC”) has reduced interest rates by 0.25%. After the announcement on September 4, the BoC’s overnight rate is currently 4.25%, which means most financial institutions in Canada may also be poised to adjust their lending and savings rates accordingly.

Most Canadians can benefit from having a registered retirement savings plan (RRSP) and a tax-free savings account (TFSA) — both are great tax-sheltered savings vehicles.

Raising a child in Canada is a significant financial commitment, with the average cost reaching $16,900 per year or $320,000 by the time they turn 18

Holding a portfolio of different securities is one of the keys to long-term investment success. It’s called “diversification” and this proven technique can be effective in improving a portfolio’s risk-return profile (i.e., it’s designed to enhance performance over the long run while helping to mitigate risk).

After a prolonged stretch when interest rates remained relatively high, the Bank of Canada (“BoC”) has entered a rate-cutting cycle whereby, on July 24, 2024, we had our second rate cut of 0.25%. This rate reduction followed the initial 0.25% rate cut announced on June 5, 2024.