July 2026

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Canada (Maybe Not) in Recession

Our last Newsletter talked about how the Canadian Economy had slipped into Recession after our GDP fell 0.1% in the first quarter of 2026. That small contraction wasn’t the biggest issue for me; it was the fact that three of the last four quarters had shown negative GDP growth. There was a lot of talk last month about whether Canada was in a Technical Recession or not. As of this writing, we have got some new data which showed some very good Job Numbers.


The Canadian economy added 88,000 jobs in May of this year. This was over eight times as many jobs as expected and was made up mostly of...

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Starting Out on the Right Track

A wedding day can be a springboard into many new and exciting adventures. With all the excitement leading up to the big day, the new couple routinely focuses so much energy on planning the event that they seldom spend any time discussing other important life issues – like developing a sound financial strategy for the future.

As couples embark on a new life journey together, it is important to take time to discuss life goals, hopes and dreams and then commit to incorporating each element into an overall...

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Bridging Retirement Income Gaps

What happens if you retire before you’re officially "supposed” to? Whether you’ve decided to "hang up your boots” early or life "threw you a curveball”, retiring before age 60 or 65 could leave a bit of an income gap. That’s because you can’t fully tap into the Canada Pension Plan (CPP) until you’re at least 60, and Old Age Security (OAS) doesn’t kick in until 65.

So, how do you pay the bills during those bridge years without surrendering a fortune to...

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Develop a passion for learning. If you do, you will never cease to grow.

Anthony J. D’Angelo

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the mutual funds in which you invest. The information in this email newsletter is general information only and is not intended to constitute specific legal, accounting, financial or tax advice for any individual.

 

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Borden Financial Services
264 Prestwick Manor SE Calgary, AB T2Z 4S5
Ph: (403) 984-4787