Ask Michael

10/14/2026

💰 Make your money work for you!

A TFSA helps you grow your savings and investments tax-free, with tax-free withdrawals.

The 2026 annual contribution limit is $7,000, plus any unused contribution room.

Start building your financial future today!

10/12/2026

Happy thanksgiving from all of us at Blue Harbour Financial!

09/22/2026

Not sure what a financial advisor can actually do for you? 🤔

From navigating important financial decisions to building a plan for the future, having the right guidance can help make your financial goals feel a little more manageable.

🎥 Take a few minutes to watch this video and learn more about how an advisor can help you make the most of your financial plan.

An advisor also helps you find your way in the sometimes-complicate...

09/22/2026

Thank you to Michael Puderbach of Blue Harbour Financial for their generous support 💛🖤
Ask Michael

09/17/2026

What happens to your pension when you leave an employer? 💼➡️🏦

A Locked-In Retirement Account (LIRA) can be an option for managing pension funds when you leave a job. Unlike a regular investment account, LIRA funds are generally locked in for retirement, with specific rules around when and how they can be accessed.

Understanding your options when leaving an employer can help you make informed decisions about your retirement savings and future income.

📌 Have questions about LIRAs or your pension options? A financial professional can help you understand what may apply to your situation.

09/16/2026

Today in the markets.

For the first time in 3 years the US Federal reserve decided unanimously to raise rates a 1/4 percent. The increase comes with a warning as well that more increases may be on the way.

So, why the increase, inflation is increasing and things are expensive. At least that’s what we are all thinking. But the numbers and data show another story. Despite high prices at the pump consumer spending is up and people are not acting conservatively, the rate hike is a tool that is used to curb consumer spending and deflate the inflation balloon. Now the question is will it work? The short answer is YES, but it will take a bit of time for that to work its self into the system.

As for investors and those who are concerned about their portfolios, it’s a time to stay put and rebalance where possible and if you have the funds add to the things on sale, add to your TFSA, and consider contributing or topping up your RSP early.

As we get closer to the mid term elections and the possible shift in power that will not be in favour of POTUS, the rebalancing method will be the strong winner in keeping portfolio health and resilience.

This current market climate is temporary as they all are, be careful not to fall into the emotional trap and react adversely to the news. These dips are have a silver lining.

09/11/2026

Think you know how RESPs work? 🤔

There are a lot of misconceptions when it comes to saving for a child’s education.

For example, did you know that RESPs aren't limited to university tuition, and that you don't necessarily lose all your savings if your child chooses a different path?

Whether you're a parent, grandparent, relative or family friend, an RESP can be an important part of planning for future education expenses.

Swipe through the graphic to see 4 common RESP myths—and the facts behind them.

Planning for a child's education? Let's talk about your options.

09/02/2026

Are segregated funds right for you?

In this video, we take a closer look at the key advantages of segregated funds and how they may fit into your overall financial plan.

From investment growth potential to features designed to provide additional protection and flexibility, understanding your options is an important part of making informed financial decisions.

🎥 Watch the video to learn more about the advantages of segregated funds.

https://youtu.be/tAISCCAJW2k?si=pPTJ80RrEbONhWxC

Segregated funds are similar to mutual funds, but are distinguished...

08/24/2026

Protecting the people and priorities that matter most starts with having the right coverage in place. ❤️

Term life insurance can provide affordable financial protection for a specific period of time, helping your loved ones manage expenses and maintain financial stability if the unexpected happens.

🎥 Take a few minutes to learn more about how term life insurance works and whether it could be a good fit for your financial plan.

Simple and affordable coverage for big expenses, so you’re protecte...

08/12/2026

our money has the potential to work for you. 💰📈

Compound interest is one of the most powerful tools for long-term wealth building. By starting early, contributing consistently, and giving your investments time to grow, you can take advantage of the growth that happens when your returns begin earning returns of their own.

The key? Time, consistency, and patience.

Your financial future is built one decision at a time. Start where you are, and let time do the heavy lifting.