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The Canadian Dollar has been steadily recovering against the US Dollar after reaching 30-week lows

The Canadian Dollar has been steadily recovering against the US Dollar after reaching 30-week lows

The Canadian Dollar is recovering against the US Dollar following a recent setback, regaining ground after hitting 30-week lows. Trade discussions between Canada and the US remain stalled, creating uncertainty in the currency market. Prime Minister Mark Carney mentioned that no recent trade discussions have occurred since the US President halted them.

Contact Financial Design Team at 705-252-9010 or email financialdesignteam@sunlife.com
This Financial Literacy Month, boost your financial IQ with these must-know terms for smart saving:

πŸ’°πŸš€ Compound Interest: Your money's best friend! Its interest earned on interest, helping your savings grow faster over time.

πŸ§ΊπŸ“Š Diversification: Don't put all your eggs in one basket. Spread out your investments to manage risk.

πŸŽ―πŸ”€ Asset Allocation: Finding the right mix of investments based on your goals and risk tolerance.

πŸ“ˆπŸ“‰ Market Volatility: The ups and downs of the market. Remember, it's normal and often temporary!

πŸ˜΄πŸ“Š Risk Tolerance: How much market fluctuation can you handle without losing sleep?

Understanding these terms can help you make smarter financial decisions and build a stronger future. Want to learn more? Check out our full list of must-know financial terms here: https://www.sunlife.ca/en/investments/how-to-build-healthy-money-habits/

Ready to put your new knowledge to work? Reach out today to talk about how to navigate your financial journey with confidence.

#FinancialLiteracyMonth #MoneySmarts #InvestInYourself

Contact Financial Design Team Inc at 705-252-9010 or financialdesignteam@sunlife.com
Small business owners face unique challenges. Explore solutions that support your company, employees and future growth.

From key person insurance to business continuation plans, we have solutions for your unique needs. Let's build a brighter future together. Get in touch today.

#SmallBusiness #CanadianBusiness #CanadianSmallBusiness
Contact Financial Design Team Inc at 705-252-9010 or email financialdesignteam@sunlife.com
Are you financially prepared for a critical illness? Sun Life's Critical Illness Insurance Calculator can help you assess your needs. In just a few minutes, you can estimate how much coverage you might need to protect yourself and your loved ones.

Try it out today >> https://www.sunlife.ca/en/tools-and-resources/tools-and-calculators/critical-illness-insurance-calculator/

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