Sea Glass Wealth Advisory Group - Harbourfront Wealth Management

Canada's retaliatory counter tariffs went into effect today at 12:01am. While we all knew it was coming, the bigger question immediately is what items are subject to the increase. The Government of Canada has published a comprehensive list of all items covered by the tariff so we can expect to see price increases accordingly on these products. Click below to access the complete list.

List of products from the United States subject to counter-tariffs effective September 8, 2026 - Canada.ca Effective September 8, 2026, Canada will impose 15, 25, and 50 per cent tariffs on products drawn from those targeted by U.S. Section 338 and Section 232 tariffs, with individual product rates based on the matching U.S. rate for the same goods.

Critical illness insurance (CI) is often an overlooked component in personal financial planning, with many Canadians knowing only a little about its true value. Yet, when thoughtfully considered alongside life and disability insurance, CI can play a pivotal role in protecting your income and providing essential support during challenging times. At Sea Glass Wealth, we have the expertise and knowledge on Critical Illness to answer all your questions and develop a strategy to take care of you and your family. If you are interested in learning more, contact us. We would love to meet with you.
“Insurance products are sold via Harbourfront Estate Planning Services Inc. (HEPSI). These products are not subject to CIRO regulation or CIPF coverage. Please inquire for more information.”

Critical Illness Insurance… It Just Makes Sense Read this article to discover how critical illness insurance may help protect Canadians’ retirement savings from unexpected health challenges.

If you have a safe deposit box at your local bank or credit union, you probably have it to safely store important documents, valuables, and other items that you want to ensure are protected from fire and theft. While having a safe and secure way to store documents, with the changes in technology and digitization of documents remains unchanged, the purpose of a safe deposit box may not be what it once was. Instead of papers, your SDB may now also store portable hard drives and passwords to let you in to important websites. Whatever is in your SDB, what hasn't changes is the importance of making sure your executor and family know that you have a safe deposit box, and where it is. MoneySense has released a great article on why having a safe deposit box or other secure way to store your documents is still important, and offers some simple steps to make sure your family knows what to do to access it when the time comes.

The safety-deposit box mistake that can leave your family scrambling A safety-deposit box can protect important documents and valuables, but your family may struggle to access them if they don't know it exists or how to get in.

All eyes will be on the Big 6 Canadian banks this week as they release their 3rd Quarter profits. Scotia and BMO were out of the gate today with TD, CIBC, RBC and National Bank all scheduled to release their numbers on Thursday. BNS and BMO both reported increases from the same period in 2025 and we will know more on Thursday if the trend continues.

https://www.investmentexecutive.com/news/industry/scotiabank-reports-3b-q3-profit-up-from-2-5b-a-year-ago/

As we all know, this weekend trade talks broke down between Canada and the US leaving a huge uncertainty as to what comes next. At this point it is wait and see time for what the next steps might be. BMO Senior Economist Robert Kavcic has come out with a quick summary of what is and isn't covered under the new tariffs, and what may, or may not, happen next. Click below to read more.

If you like blogs, then have we got a blog page for you. The Sea Glass Wealth blog page contains blog posts covering all aspects of financial planning. If you have a question and want to look for answers in the comfort of your own home, check out our page! If you have questions about your financial strategy, let us know. We would love to meet with you to discuss how we can help you create a life you won't want to retire from.

Blog / Financial Literacy - Sea Glass Wealth Sea Glass Wealth Blog

With the economy strengthening, with it comes the inevitable increase in inflation as consumer confidence grows and prices rise with demand. Here's an interesting article from the Bank of Canada showing inflation going back to 2016 compared to the BoC's target range. It provides an interesting take on where we are with inflation and the trend we may be headed in. Click below to see more.

Key inflation indicators and the target range Data and definitions: Total CPI, CPI-trim, CPI-median, CPI-common and Target Range

How early life should you consider buying insurance? Great question! The answer really depends on your personal situation. There are some compelling reasons to buy insurance early in life that you may not have thought of. Insurance can be a complex process and it is important to look at it from every direction in consultation with your trusted advisor. Check out this new article on our Link Between website and if this resonates with you, give us a call. We have the experience you need to help navigate your circumstances and needs from beginning to end.

Do Younger Canadians Need Insurance? Discover why insurance can be a smart move for younger Canadians — read more to see how early planning can help protect what matters.

Looking for something fun to do after a long week? If you love garlic, and c'mon who doesn’t, maybe this is the weekend for you to take in the Richmond Garlic Fest, a celebration of sustainable agriculture and local garlic. The festival runs on Saturday from 10:00am to 3:00pm at the Sharing Farm located at 2771 Westminster Highway and includes everything from a raptor demonstration to a farmers market, and of course garlic! The weather is looking good so why not check it out? Learn more about the festival and how to get there by clicking the link below. Happy weekend everyone!

The Sharing Farm Society For over 15 years the Richmond Garlic Fest has been supporting the Sharing Farm's food-dignity mandate to cultivate nutritious, sustainably grown produce for community members facing food insecurity.

Personal insolvencies in Canada are at levels not seen since the 2008 financial crisis according to a new release by the Office of the Superintendent pf Bankruptcies. Numbers released this week report over 13,000 bankruptcy filings in June, up 5.7% compared with May and a whopping 11.5% over June 2025. While these numbers are sobering, a healthy cash flow and managing debt is achievable if you get ahead of it quickly. If you are having challenges in these difficult times, give us a call. We can review your financial strategy with you and recommend strategies to help you avoid this from happening to you.

https://www.investmentexecutive.com/news/economy/insolvencies-jumped-11-5-annually-in-june-canadas-bankruptcy-monitor-shows/