Canada Becomes First to Lose AAA Status at Fitch on Virus Woes

Jun 29, 2020 |Mark Porretta
We have already begun to see the effects that Covid-19 has had on the global economy and Canada specifically. The government of Canada has done everything in their power to backstop the country in order to make this global pandemic as smooth as possible...
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Residential real estate: a reckoning or just a softening?

May 29, 2020 |Mark Porretta
About a month ago, I wrote a blog around the effects that Covid-19 could have on the Canadian Residential Housing Market. A dramatic decline in real estate activity has been no surprise due to extenuating factors like: unemployment, loss of revenue and...
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Pandemic throws housing market off course

Apr 20, 2020 |Mark Porretta
In addition to COVID-19 affecting the stock market and the routines of our daily lives, we are beginning to see the effects it is having on the housing market in Canada. No different than the economy, real estate is showing some effects caused by social...
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Low and Negative Global Rates!

Nov 21, 2019 |Mark Porretta
I recently came across a great discussion piece about structural change in the global interest rate market. The change is lower and negative interest rates globally. I think this is something that everyone needs to think about in greater detail. I believe...
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Bring on the learning revolution!

Oct 04, 2019 |Mark Porretta
While in the office this week, I started thinking about this video I had watched a number of years ago that discusses a serious educational epidemic that we are facing in society. I wanted to watch the video back and see if the issues raised were solved...
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Is your insurance covering enough?

Sep 06, 2019 |Mark Porretta
While home and auto insurance are staples for most people, many tend to forget about liability insurance, and, specifically, a personal liability umbrella policy. Due to the accessibility of information now, there is more risk than ever before for high...
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The ethical dilemma of self-driving cars

Aug 09, 2019 |Mark Porretta
For the last several years, it has seemed the news around self-driving cars is everywhere. While we have yet to see a fully automated car, massive strides have been taken by Tesla, BMW and others. The distant future may not be so distant. Shorter commute...
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Rising tides for athlete's earnings

Aug 02, 2019 |Mark Porretta
There's no perfect formula for how much money people make. This has never been more evident than in professional sports. Athletes’ salaries illustrate one of the basic economic theories; you get paid as much as someone is willing to pay you. Last week...
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Mid engine C8 is here - Now this is just awesome!

Jul 26, 2019 |Mark Porretta
For as long as I can remember, I have always been a car guy. As I have aged, my love for cars has only increased. I came across this article a few days ago and, due to my love for cars and Corvettes especially, it got me excited for 2020 and the release...
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Why Work Doesn't Happen at Work

Jun 11, 2019 |Mark Porretta
My associate recently showed me this video that discusses why work doesn't happen at work. In this Ted Talk by Jason Fried, he discusses the issues that he finds of why people have trouble getting work done in the office. He touches on the fact that when...
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