Todd Roberts, CDPM

VP@ Protect Financial. Advisor to Dentists. Certified Dental Practice Manager. McGill BCom'93

[Trevor Tombe @trevortombe]

Today's data: inflation! 🥳 Canada's August inflation rate falls to 2% -- the lowest since March 2021, and equal to the BoC's target. https://t.co/EtL7njiufp

Some details below 🧵 #cdnecon

[Bank of Canada @bankofcanada]

Bank of Canada reduces policy rate by 25 basis points to 4¼%

https://t.co/uHhIUl9KiS

#economy #cdnecon

[Bank of Canada @bankofcanada]

Bank of Canada reduces policy rate by 25 basis points to 4½%

https://t.co/rKj3xkejqF

#economy #cdnecon

[Todd Roberts, CDPM @finadvisortodd]

Jack Mintz (Economist, School of public policy at U Calgary) is not a fan of the changes to the capital gains inclusion rate. He concludes the changes will affect a much broader swath of Canadians than the federal government claims.

https://t.co/Sb4LXggj5L

[Todd Roberts, CDPM @finadvisortodd]

Bank of Canada reduces policy rate by 25 basis points

The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

https://t.co/7QwFCjl9vf

[Todd Roberts, CDPM @finadvisortodd]

Great program helping students who have experienced loss to continue to reach for their dreams.

The Manulife Life Lessons Scholarship is for students in Canada who have experienced a death of a parent or guardian with little or no insurance coverage. https://t.co/zlthTM7VU5

[The Canadian Press News @CdnPressNews]

The Bank of Canada has raised its key interest rate by half a percentage point to 1% from 0.5%, the first half-point hike in more than two decades amid soaring inflation https://t.co/UbiK3A7pnP

[Todd Roberts, CDPM @finadvisortodd]

@PharmacistMama Can confirm that getting vaccinated DOES NOT invalidate life insurance.

Contracting COVID can make qualifying for life insurance more difficult, more expensive.

Particularly if you are dead.

[Samir Sinha @DrSamirSinha]

As Canada embarks on the development of new #National @LTCStandards, we want to involve as many Canadians + especially residents, family caregivers and staff in the process.

Get involved: https://t.co/81WSgmyeSM

@OttawaCitizen's @JoanneLaucius reports: https://t.co/ikHl472EAH

[Todd Roberts, CDPM @finadvisortodd]

Nat'l standards for LTC homes, dvpd by experts not politicians

CSA group will develop a new nat'l standard specifically for physical design & operation of long-term-care homes...HSO to look at improvements to standards on safety & quality of care and infection control practices

[Tonda MacCharles @TondaMacC]

For the morning crowd, my latest. #COVID19 revealed the shortcomings of long-term care in Canada. Could a new push for national standards be the solution? https://t.co/LYHmbBYrP8

[Todd Roberts, CDPM @finadvisortodd]

The Bank of Canada maintains interest rate at 0.25%. #BOC says it intends to maintain the rate until the inflation target of 2% is achieved.

It doesn't expect that to happen until sometime in 2023.

[Dan Kelly @CFIB]

In just 24 hours, over 2,500 people signed CFIB's petition to Premier Ford to allow small retailers a safe pathway to reopen to salvage the Christmas season. If you haven't already, please sign and share: https://t.co/318g7ZB6da

[Todd Roberts, CDPM @finadvisortodd]

@clkilgour @DrJacobsRad And colonoscopies. Many so-called elective procedures have real life and death consequences if ignored, postponed, etc.

[Manulife @Manulife]

Join us tomorrow at 7:30 am ET for our #StayHealthy fitness series with David’s Garage Grind. Set your reminder for a 30-minute full body workout over on our Facebook page. All fitness levels welcome.

[Todd Roberts, CDPM @finadvisortodd]

I think this is a good idea and better than a UBI which is unaffordable

stop making lower income Cdns pay federal income tax... nearly double the basic personal amount from $12K to $22,500, & have that apply for all Cdns who are in our first two income tax brackets (under $92K)

[Bank of Canada @bankofcanada]

We have maintained our policy interest rate at 0.25%, which we consider to be the effective lower bound. Find out more. #economy #cdnecon https://t.co/LLUJ87vXca

[Todd Roberts, CDPM @finadvisortodd]

This is a great story. Dr. Shervin is a dentist in Muskoka and while solving his own need for PPE he decided to start a new company to assist other dental practices (and others)

Making lemonade from lemons! Congrats!

https://t.co/vl3jgJd43R

https://t.co/J6HeFIsh5R

@SRowshani

[Bill Hutchison @bill_hutch15]

Remember when Trudeau attacked small businesses as tax cheats and changed tax laws regarding passive income for them? Bet a lot of small businesses could use that $$ now to stay open.

[Todd Roberts, CDPM @finadvisortodd]

Big news on potential #COVID19 vaccine and testing drive shares of healthcare companies up 5%+ in first few minutes of trading today

[Bruce Tennen @BruceTennen]

Johnson & Johnson has developed a Corona virus lead vaccine candidate. Its shares are soaring premarket. $JNJ.

Abbott Labs also announced it is making 50,000 test kits per day and it shares are up pre-market as well. $ABT.

Others $MDT $CAKE $ZM $AYTU $BLPH.

[Todd Roberts, CDPM @finadvisortodd]

The Bank of Canada has cut it's rate again by 0.50%. It's now down to 0.25%, effectively as low as it can go.

Helpful for those with variable rate loans and mortgages.