Issue #001
May 2026
May 2026
The Bank of Canada kept its overnight rate at 2.25% for the fourth consecutive decision (April 29, 2026). Good news? Your variable mortgage payments aren't going up today. The nuance? Markets are now pricing in 2–3 potential rate hikes before year-end as Middle East tensions drive energy prices higher.
Your payments don't change until renewal. Use this time to plan ahead.
Rates could tick up. Consider locking in while the current rate is still historically low.
If your mortgage renews in 2026 or early 2027, let's strategize your options now.
Since 2020, Canada's inflation rate hit a 40-year high of 8.1% in the summer of 2022. That sounds like a statistic. But here's what it really means:
Peak inflation
Summer 2022
Cumulative purchasing
power lost since 2020
Current inflation
March 2026
That $100,000 sitting in a savings account earning 1%? In real terms, it may only be worth the equivalent of ~$70,000 in 2020 dollars. Cash doesn't protect you — it slowly erodes you. This is why investing and insuring your wealth matters so much. Inflation is the thief that never announces itself.
The government will literally add money to this account. Here's how.
An RESP (Registered Education Savings Plan) is one of the most underused financial tools in Canada. Every $2,500 you contribute annually triggers a 20% government match through the Canada Education Savings Grant (CESG) — that’s a free $500 added to your child’s account each year, up to a lifetime maximum of $7,200.
Here’s the kicker — your money grows tax-free inside the RESP. And when it’s withdrawn for school, it’s taxed in the student’s hands (usually at very low or zero tax rates). This is smart compounding with a government boost.
💡 Pro Tip: Missed a few years? You can catch up! Unused CESG room carries forward — contribute up to $5,000 in one year to claim a double $1,000 grant. Starting late is always better than never starting.
Whether you're thinking about your mortgage, retirement savings, or your child's education fund — a 30-minute conversation can change everything.
When you refer someone to Insure Horizons, we plant a tree 🌳 for your name and donate a meal 🍽️ to a child in need. Because planning for the future is better when we do it together.
Tell a friend or family member
They schedule a free consult
A tree is planted + a meal donated
Per successful referral
Every time someone you refer books
Just share and care