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On the latest financial trends and news.

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AI in financial advising – Can I use AI as a financial advisor? Thumbnail

AI in financial advising – Can I use AI as a financial advisor?

Suddenly, computers are writing blog posts, code, novels, and more. Seemingly overnight, AI is poised to take over every desktop profession – even financial advising. As a result, we’ve received many questions from clients about whether this new technology can deliver financial planning advice as good as – or even better than – humans.

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How do trigger rates work in Canada?  Thumbnail

How do trigger rates work in Canada?

When mortgage rates rise too high, too quickly (like they have recently) the rigid payment schedule and floating interest rates of adjustable rate mortgages causes them to hit what’s called a trigger rate. This can have far-reaching effects on your budget as a homeowner in Canada.

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