I retired at 52 and honestly, I wish I’d done it sooner. The 9-to-5 grind always steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now (Financial Independence, Retire Early.) And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember financial freedom is within reach if you make it a priority.
Some say back in covid, it is wrong to say Canada has a labour shortage, instead it is a good sign for the economy. So when the gov bring in more immigrant, it cause high unemployment in 2023-24. what do you think
I remember when our dollar was at 0.66 cents u.s. and interest rates were 19% and we survived and thrived we can make everything we need in Canada 🇨🇦 if we can't afford to import we will shop local and within Canada and live within our means and avoid credit like every generation before us..WE THE NORTH strong and FREE 🇨🇦
In my area I see a lot of young workers looking for Wark but there is none available. It seems many of those jobs were filled by foreign workers that arrive throughout 2024. The previous years were not as bad.
I seem to recall a statistic based on decades of data that shows a recession occurs 11 months on average, after the first interest rate cut. Will shall see…
Thank you for your economic assessment of Canada. I encourage you to assess Mark Carney's result as the new leader of the Liberal Party for our 2025 election. None of us want a Trumpy Poilievre to be Canada's Prime Minister.
2025 will be great! Canadians need to always remember that the US needs Canada as much as we need them. Happy new year Marc and to your family. And thanks for all these great episodes!
My understanding is that most of the products we sell the Americans are energy, building materials and auto parts. How fungible are these? It's not obvious that they have alternate sources. If the full cost of the tariffs are passed on to American consumers, I don't see them lasting long!
Great video as usual. Thanks 😊 a quick note that you mentioned agricultural and manufacturing sectors, but e a about oil and gas in Canada? With “drill baby drill” and less US dependence on Canada for energy production, it should be the most impacted sector right? And happy 2025 😊
Happy New Year! Daddy Bevis is the goat! Our year next year will depend solely on the US tariffs, that’s the big macro elephant that is looming over our economy. Unfortunately, the administration is unhinged to exact pain on its allies with coercion instead of strengthening our bonds as a unified N American economy vs BRICs, EU etc… it’s really too bad. It seems like the US would rather treat us as a vassal state, pushing us around to grab our natural resources for the cheapest price even if it means trampling on our sovereignty, rather than as a respected ally.
I retired at 52 and honestly, I wish I’d done it sooner. The 9-to-5 grind always steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now (Financial Independence, Retire Early.) And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember financial freedom is within reach if you make it a priority.
Happy New Year, Marc and family!🎉
There is something like 1.5M unemployed across canada. Those industries could train people and then they wouldn't be looking for workers.
Some say back in covid, it is wrong to say Canada has a labour shortage, instead it is a good sign for the economy. So when the gov bring in more immigrant, it cause high unemployment in 2023-24. what do you think
Thanks Marc! Really enjoyed this video.
I remember when our dollar was at 0.66 cents u.s. and interest rates were 19% and we survived and thrived we can make everything we need in Canada 🇨🇦 if we can't afford to import we will shop local and within Canada and live within our means and avoid credit like every generation before us..WE THE NORTH strong and FREE 🇨🇦
yeah, but it's 0.69 and 3.25% now, not 19%
Hmmm..you must be joking.. 3/4 of the food you get at grocery store are imported.
@@marcelmed4574then we can import from elsewhere other than the usa. It going to be expensive might as well hurt usa agri along the way.
You living in a fantasy world
Except that in the time your speaking of made in the USA was still a thing. Globalization didn't really take off until Bill Clinton took office.
In my area I see a lot of young workers looking for Wark but there is none available. It seems many of those jobs were filled by foreign workers that arrive throughout 2024. The previous years were not as bad.
Super informative!
I seem to recall a statistic based on decades of data that shows a recession occurs 11 months on average, after the first interest rate cut. Will shall see…
Thank you for your economic assessment of Canada. I encourage you to assess Mark Carney's result as the new leader of the Liberal Party for our 2025 election. None of us want a Trumpy Poilievre to be Canada's Prime Minister.
Good thing inflation remained well under control for Aug Sept Oct. This ensured OAS payments did not increase for Jan 2025. Not planned at all ...
Love a good conspiracy theory.
Looking forward to a federal election in 2025. Happy new year!
2025 will be great! Canadians need to always remember that the US needs Canada as much as we need them. Happy new year Marc and to your family. And thanks for all these great episodes!
No canada needs us more than us needs them
@@Leceister4231unfortunately for us Canadians this is correct. USA have more to offer than Canada.
Canada has no leverage at all. The US is a monster and we are a small speck. If the US wants anything from Canada they can just take it.
I cannot count how many times i have been laid off! sick of it!
My understanding is that most of the products we sell the Americans are energy, building materials and auto parts. How fungible are these? It's not obvious that they have alternate sources. If the full cost of the tariffs are passed on to American consumers, I don't see them lasting long!
Don’t forget Maple syrup and Poutine.🤣
The way inflation is calculated in Canada has changed a lot since the 1980’s so how can you really get an accurate measurement of CPI?
you can't because they don't want one.
You may never know the actual figures because the real inflation numbers are rather disheartening.
Thanks Marc! Happy New Year!
Great video as usual. Thanks 😊 a quick note that you mentioned agricultural and manufacturing sectors, but e a about oil and gas in Canada? With “drill baby drill” and less US dependence on Canada for energy production, it should be the most impacted sector right? And happy 2025 😊
Amazing content. Thank you for your videos! 🎉
Happy 2025 and thank you for this video. The tariffs concern me as well as our falling dollar. Also food prices are awful
Happy New Year! Daddy Bevis is the goat! Our year next year will depend solely on the US tariffs, that’s the big macro elephant that is looming over our economy. Unfortunately, the administration is unhinged to exact pain on its allies with coercion instead of strengthening our bonds as a unified N American economy vs BRICs, EU etc… it’s really too bad. It seems like the US would rather treat us as a vassal state, pushing us around to grab our natural resources for the cheapest price even if it means trampling on our sovereignty, rather than as a respected ally.
happy new years everyone!
great free knowledge!! thank you for the video Marc
Happy 2025 Beavis Family!!
Happy Holidays!
Happy New Years!!
Love u and happy new year
Happy holidays 🎉🎉🎉
I am ur family
We need an election.
I don't find these ETFs in wealthSimple
Look harder. They’ve been there for like 4 months
I ate too much 🤒
I think Trump will impose tariffs on Canada, not because it makes sense, but rather because he feels the need to appear to be a tough guy.