Blog | Crawford • Ashwood Financial

It’s so easy to look around at friends, neighbours, colleagues, and wonder, “How can they afford that?” Someone you know just bought a beautiful new home. Someone else is taking another European vacation. A friend is driving a new luxury SUV. Someone you went to school with has apparently retired early. And then there is you, wondering whether you are saving enough. Clients often ask me if they are doing as well financially as other people or couples their age. It’s a natural question, especially when you’re trying to figure out whether you’re on track. But the truth is, everyone…

Over the past few weeks, the latest trade tensions between Canada and the United States have been a frequent topic of conversation and top of mind for many investors. The headlines can certainly sound alarming, especially when words like “tariffs” and “trade war” start appearing in the news again. The reality is that while the situation deserves attention, it is important to separate the headlines from the actual impact. Recently, the U.S. introduced new tariffs on certain Canadian goods, and Canada responded with its own retaliatory measures. While the announced tariff rates are significant, the products affected represent a relatively…

Whether you are purchasing a new home, refinancing, or porting a mortgage, having the right advice on the lending side can make a meaningful financial difference. Most people still go straight to their bank. It feels simple, but it also limits your options. A mortgage broker works for you, not the bank. More options Instead of one lender, a broker can access multiple banks, credit unions, and other lenders. That allows them to match your situation to the right product and pricing. Even small differences in rate can add up over time, but just as importantly, not all mortgages are…

Recent escalation between the United States and Iran has led to some short-term market volatility, largely driven by uncertainty and rising oil prices tied to disruptions in the Strait of Hormuz. While the headlines feel significant, this type of market reaction is very typical. In past events such as the Gulf War, 9/11, and Russia’s invasion of Ukraine, markets have gone through a period of short term volatility before settling as more clarity emerges. We have already seen some very strong rally days mixed in with the volatility. To make sure you benefit from those positive days, staying invested is…

While most people are setting resolutions for health and fitness, why not make a commitment to your financial wellbeing too? Here are some practical ideas to help you start 2026 on the right foot. Top Up Your TFSA or Set Up Regular Contributions The TFSA contribution limit for 2025 is $7,000, and it will stay the same in 2026 for another $7,000. If you haven’t maximized your contributions in previous years, you may have much more room available. For someone who has never contributed since TFSAs began in 2009, the cumulative limit will be $109,000 in 2026. This is a…

Going through a separation or divorce is one of the most emotional and disruptive experiences one can face. Even when it’s mutual or amicable, it brings a mix of grief, relief, uncertainty, and very often, financial anxiety. After supporting many clients through this transition, I’ve learned that people don’t just need information; they need reassurance, clarity, and a path forward. If you’re navigating this chapter, here are some general things to consider to help you rebuild confidence and move toward long-term financial success. 1. Give Yourself Space to Breathe First It’s completely normal to feel overwhelmed. Before you jump into…

Last month, I shared the first post in my Great Wealth Transfer series, discussing how trillions of dollars are expected to move between generations in the coming decades. In this second part, we’ll focus on how estate planning can help minimize the taxes owed, so more of your wealth goes where you intend. There’s no official “death tax” in Canada, but the final tax bill can sometimes feel like one. When someone passes away, most of their assets are treated as though they were sold, triggering potential capital gains and income taxes in the year of death. Add in probate…

Over the next 10–20 years, we will experience one of the largest transfers of money in history—an estimated $1–2 trillion in Canada alone as Baby Boomers pass on their wealth to the next generation. For many families, this may be the single biggest financial event of their lifetime. With so much at stake, it’s not just about what gets passed down, but how. Without thoughtful planning and open conversations, inheritances can create problems. Families may experience financial stress, conflict, or even fractured relationships. Many families avoid conversations about money because it feels uncomfortable, emotional, or even taboo. But silence can…

As we enjoy the warm days of summer, I wanted to take a moment to share a market update and insights that are top of mind. The first half of 2025 experienced its share of ups and downs, with notable short-term volatility during late March and April. This turbulence was largely driven by President Trump’s policies, causing uncertainty and fluctuations across global markets. Many investors might have felt the urge to react to this geopolitical news, but those who stayed the course have benefited from patience. Since then, we’ve seen a remarkable recovery, with some markets now reaching all-time highs.…

In today’s challenging times marked by geopolitical tensions and fluctuating market conditions, I’d like to emphasize the importance of staying the course and not reacting impulsively to short-term news. The current uncertainties surrounding tariffs and trade wars can provoke anxiety but remember that patience and discipline are essential for long-term investment success. For many of my clients who rely on regular income from their portfolios, maintaining a “cash wedge” or “income wedge” can be a practical strategy. In short, this approach sets aside a portion of assets in cash and/or GICs to secure an individual’s income needs for a period…

The Problem With Comparing Your Finances to Everyone Else’s

Navigating the Latest Canada-U.S. Trade Tensions

Mortgage Brokers

Markets, Headlines, and Perspective

New Year Financial Wellness Goals

Life After Separation or Divorce

How to Minimize Estate Taxes in Canada

The Great Wealth Transfer

Summer 2025 Market Update

Canada vs. US Trade War