Steele Wealth Management of Raymond James

Steele Wealth Management of Raymond James Steele Wealth Management is a 9-person financial advisory team with cross-border expertise. /*********/
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We rolled up our sleeves this week and got to work volunteering at Sunnydale Community Centre! The gardens are all set f...
05/14/2026

We rolled up our sleeves this week and got to work volunteering at Sunnydale Community Centre! The gardens are all set for the Sunnydale Flower Rangers kids' program—can't wait to see everything grow this season 🌼

Happy Mother's Day to the women who lead with strength, care, and quiet determination—at home, at work, and everywhere i...
05/10/2026

Happy Mother's Day to the women who lead with strength, care, and quiet determination—at home, at work, and everywhere in between. Your impact reaches farther than you know.

Mental Health Week reminds us of the power of connection.This week is Mental Health Week—an important time to raise awar...
05/04/2026

Mental Health Week reminds us of the power of connection.
This week is Mental Health Week—an important time to raise awareness, reduce stigma, and encourage open conversations about mental health. This year's theme from the Canadian Mental Health Association focuses on stronger connections for better mental health, underscoring a simple but critical truth: social connection isn't a "nice to have"—it's essential to our wellbeing.
Recent data reinforces this. The Canadian Social Connection Survey (2023) found that 52% of Canadians feel lonely at least once a week, and Statistics Canada reports that 13.4% of Canadians aged 15+ felt lonely "always or often" in Q4 2024. Loneliness, clearly, is not rare.
Loneliness and mental health are closely linked.
Over time, feeling disconnected can erode resilience and make everyday challenges harder to manage. In the workplace, loneliness isn't just about eating lunch alone—it can look like feeling unable to ask for help, admit a mistake, or say you're struggling. This can affect motivation, creativity, and engagement, and is linked to higher rates of burnout, anxiety, and depression.
That's why stronger connections matter. Supportive relationships help buffer stress, make it easier to seek help, and allow us to show up as our best selves—at work and beyond.
Small actions can make a real difference.
Checking in with intention, listening without rushing, and including someone quieter or new in a conversation can meaningfully reduce feelings of isolation.
This week, let's all make an effort to connect—reach out, check in, include someone, and be the difference.

Canada's Spring Economic Update includes several changes that may impact households and retirees:• Canada Strong Fund: A...
04/29/2026

Canada's Spring Economic Update includes several changes that may impact households and retirees:

• Canada Strong Fund: A new $25B national sovereign wealth fund, offering Canadians an opportunity to invest alongside the government in strategic projects
• CPP Relief: Base CPP contribution rate reduced from 9.9% to 9.5% starting in 2027
• Home Buyers' Plan: Extended repayment grace period for first‑time buyers through 2028
• Cost of Living Support: Temporary pause on federal fuel excise taxes and enhanced groceries & essentials benefit payments
• Labour Mobility: Higher relocation expense deductions for tradespeople, increasing flexibility for work-related moves

As policy changes continue, proactive tax and financial planning remains key.

Reach out to Steele Wealth Management to discuss what these updates could mean for you.

raymondjames.ca

From all of us at Steele Wealth Management, wishing you a happy Easter and a restorative long weekend. A season of renew...
04/03/2026

From all of us at Steele Wealth Management, wishing you a happy Easter and a restorative long weekend. A season of renewal, reflection, and fresh perspective. 🌷

Last Thursday, the provincial Minister of Finance, tabled the 2026-27 Ontario budget. Key Takeaways for Individuals & Sm...
03/31/2026

Last Thursday, the provincial Minister of Finance, tabled the 2026-27 Ontario budget.

Key Takeaways for Individuals & Small Businesses
Ontario's 2026–27 Budget focuses on targeted relief rather than broad tax reform, with several changes worth noting for households and business owners:
• No change to personal income tax rates, but provincial tax brackets are indexed upward by 1.9% to reflect inflation

• Ontario Trillium Benefit (OTB): Starting July 1, 2026, payments of $500 or less will be issued as a single lump sum, with larger benefits continuing monthly (unless a lump sum is elected)

• Alcohol tax reductions on beer, wine, and spirits effective April 1, 2026, aligning with new LCBO pricing

For business owners:
• Small business corporate tax rate cut from 3.2% to 2.2% effective July 1, 2026

• Temporary removal of the provincial HST (8%) on qualifying new homes, with enhanced rebates available between April 2026 and March 2027

As always, budget changes can have meaningful planning implications depending on your personal or business situation.

raymondjames.ca

Wishing you all a St. Patrick's Day filled with good fortune, positive momentum, and a little extra green along the way.
03/17/2026

Wishing you all a St. Patrick's Day filled with good fortune, positive momentum, and a little extra green along the way.

FP Canada has released the results of their 9th iteration of the Financial Stress Index survey and many themes from rece...
03/13/2026

FP Canada has released the results of their 9th iteration of the Financial Stress Index survey and many themes from recent years have remained.

Money remains the top source of stress for Canadian, with 43% reporting it's their biggest concern. Grocery prices continue to rank atop external financial stressors for Canadians (64%) followed by housing prices (51%), and gas prices (32%).

Notably, those that work with a financial professional experience less financial stress than Canadian's who do not.

Check out the infographic for more insights!

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595 Parkside Drive
Waterloo, ON
N2L0C7

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