Mercedes Marchiori, Investment Advisor of RBC Dominion Securities Inc.

04/08/2026

We’re not entirely sure “put your money where your mouth is” is an official RBC slogan, but it fits their TWRHL competitive division team pretty well.

Team Blue’s third quarter looked a lot like a recession, managing just one win after Christmas. Heading into playoffs with more losses than wins, Mercedes Marchiori, Investment Advisor of RBC Dominion Securities Inc. and the rest of the RBC crew had nothing to lose, except, perhaps, their reputation for top-tier banter.

And as history (and economics) tells us, every recession is followed by a boom… right?

For the second season in a row, the chemistry in their dressing room proved to be their greatest asset, sparking just enough team spirit to fuel an exciting overtime win over Dobson Contracting Ltd in the semi-final.

Riding the high of their semi-final surge (and likely a solid carb load), RBC’s underdogs skated their way to a very respectable 1-0 loss in the competitive division final. In addition to being named Comp Div Runner Up, they also took home the unofficial title of “Most Active SportNinja Group Chat” - a true testament to their commitment to teamwork, bonding, and keeping things entertaining off the ice.

In all seriousness, your grit, determination, and ability to have fun embody exactly what it means to be part of TWRHL.

Thank you again, Mercedes, for being a valued returning Silver sponsor this season. We’re already looking forward to 2026/2027 🐶

12/24/2025

Wishing everyone a happy holidays and a wonderful end to the year!

Grateful for the relationships, conversations, and trust built throughout 2025, and looking forward to what’s ahead in the new year.

From my family to yours - all the best this holiday season!

10/29/2025

Hey incorporated business owners… buying things you don’t need isn’t a tax strategy... it’s just spending.

Every year-end I hear the same thing:

'If I’m going to pay tax anyway, I might as well spend the money.'

Here’s the math:

At Ontario’s small business tax rate (~12%), every $100,000 you spend only saves you about $12,000 in tax.

You didn’t save $100,000. You spent $88,000 just to avoid $12,000.

That new truck or office upgrade might feel good… but it rarely builds wealth.

Most business owners don’t realize:

👉 Your corporation can be a wealth-building machine, not just a tax-paying entity.

👉 The way you structure retained earnings can mean the difference between compounding wealth for your family… or compounding taxes for the CRA.

👉 Accountants file. Advisors plan.

If your wealth isn’t structured across your OpCo, HoldCo, and personal assets, you’re leaving money on the table every single year.

This is where corporate wealth planning changes the game.

It’s not about loopholes. It’s about design.

09/17/2025

GREAT NEWS! ANOTHER RATE DROP📣
This morning, the Bank of Canada has announced a reduction to the benchmark interest rate by 25 basis points. Which means that their Prime lending rate is now 4.70% from 4.95%.

What does this mean for you?
If you currently have a variable, adjustable rate mortgage or line of credit and your discount is Prime - 1.00%, your rate will now be 3.70%.

If you are in a fixed rate mortgage, this change will not affect you.

If you have any questions about this announcement, contact us today! 🏠

07/30/2025

🏦 The Bank of Canada just made its July 2025 announcement — and the **overnight rate is holding steady at 2.75%.

What does this mean for you? Prime is still 4.95%. If you currently have a variable, adjustable rate mortgage or line of credit and your discount is Prime - 1.00%, your rate is 3.95%.

To avoid any confusion, the overnight rate of 2.75% is NOT equal to fixed interest rates. This is the interest rate at which banks lend money to each other, which influences the Prime lending rate.

The next scheduled date for announcing the overnight rate target is September 7th, 2025. If you have any questions about this announcement, contact us today! 🏠

07/11/2025

07/09/2025

A place to unplug shouldn’t come with unexpected tax surprises...

One of the main reasons I left Toronto and my career in capital markets was to return home and enjoy the Northern lifestyle which, for me, includes spending as much time as possible at the cottage with Ryan and the girls.

Like many families, ours sees the cottage as more than just a property. It’s where we unwind, gather, and make some of our best memories.

But from a financial planning perspective, it’s also a meaningful asset — and one that deserves careful attention.

Here are a few things I often discuss with clients who own (or plan to inherit) a cottage:

🏡 Who inherits it?

Without a plan, your cottage could trigger unintended tax consequences or family conflict. Clear succession planning helps preserve harmony and reduce the burden on your heirs.

💸 What’s the tax impact?

Unlike a principal residence, your cottage is subject to capital gains tax when sold or passed down. There are ways to manage this from spreading gains over time to using life insurance for the tax bill.

📑 Joint ownership & trusts

Should you add kids to title? Use a trust? Set up a co-ownership agreement? The 'right' answer depends on your goals but don’t assume the simplest route is always best.

🛠️ Upkeep & cost-sharing

Have you planned for rising maintenance costs, insurance, and utilities? Especially if multiple family members will be involved, it’s worth documenting expectations early.

Cottages are cherished but without a plan, they can become a source of stress.

If you own (or plan to inherit) a cottage and want to ensure it's handled thoughtfully within your overall wealth plan, let’s talk.

06/04/2025

🏦 The Bank of Canada just made its June 2025 announcement — and the **overnight rate is holding steady at 2.75%.

What does this mean for you? Prime is still 4.95%. If you currently have a variable, adjustable rate mortgage or line of credit and your discount is Prime - 1.00%, your rate is 3.95%.

To avoid any confusion, the overnight rate of 2.75% is NOT equal to fixed interest rates. This is the interest rate at which banks lend money to each other, which influences the Prime lending rate. Fixed interest rates have slightly been increasing due to bond yields.

The next scheduled date for announcing the overnight rate target is July 30th, 2025. If you have any questions about this announcement, contact us today! 🏠

05/12/2025

This is why you stay invested.

Markets have been anything but calm lately—but today’s rally is a reminder that some of the biggest gains tend to come when investors least expect them.

📉 Corrections are part of the deal. Since 1928, the S&P 500 has had 27 declines of 20% or more—one roughly every four years.

📈 The strongest rallies often follow the sharpest drops—missing just a few big days can make a massive difference.

📊 Trying to time every peak and trough is nearly impossible. Staying invested and sticking to the plan has proven to work better over time.

Today’s rally was sparked by:

👉 A temporary tariff truce between the U.S. and China—tariffs reduced for 90 days as they work toward a longer-term deal

👉 The S&P 500 is on track to rise above its “Liberation Day” level, with global markets and the U.S. dollar following suit

👉 Optimism building as global supply chain pressure shows signs of easing

If your portfolio was built with the right strategy from the start—one that reflects your goals, timelines, and risk tolerance—this is exactly why we don’t panic when things get bumpy.

Volatility is uncomfortable—but it’s normal.

Corrections happen—but they’re temporary.

Strong investing is less about perfect timing—and more about time in the market.

So breathe easy and remember...

Stick to the plan.

And let the chaos work in your favour.