This is Patrick’s bio
The insurance advisor tells your 68-year-old father he can "bypass estate taxes" by moving his RRIF into segregated funds. Avoids probate. Goes straight to the kids. Clean transfer. True on the probate part. Wildly misleading on the taxes. When your father dies, the Canada Revenue Agency
Canada's nominal home prices fell 20% from their 2022 peak. The median household still can't afford a house in Vancouver or Toronto. The correction did what corrections do: it removed the froth. It left the bubble. The 20% drop sounds significant until you check the calendar.
A private flight school in London, Ontario, just placed an order that would make most air forces jealous. International Test Pilot School Canada is buying twelve Leonardo M-346 advanced trainers in a deal worth more than US$350 million. The jets aren't for tourists logging hours. They&
Canada's Home Prices Fell 20%. Most Buyers Still Can't Afford Entry. A $700,000 property that cost $875,000 eighteen months ago sounds like a deal. It isn't, and this mismatch—between nominal price relief and actual payment capacity—explains why Canada's
Scotiabank's $1.2-Billion MapleMark Bet: Why FDIC Deposits Matter More Than Loan Growth Scotiabank paid $1.2 billion for MapleMark Bank last month. MapleMark is a Texas-based commercial lender with $3.8 billion in assets and fewer than 200 employees. At first glance, the price looks
France figured out how to make reusable grocery packaging work at scale. In 2025, Loop—the TerraCycle-backed platform selling Tide, Propel, and Häagen-Dazs in returnable containers—operates in over 100 Carrefour stores across France, where shoppers drop off empties the same way they drop off wine bottles. The
Scotiabank is paying for something most people wouldn't notice on a balance sheet: the right to put a specific logo on client statements. The bank announced it will acquire MapleMark Bank, a Dallas-based commercial lender with roughly $500 million in assets, primarily to unlock access to FDIC
A 2,200-square-foot semi-detached in East York listed for $1.1 million in November. The kitchen had builder-grade laminate counters. The primary bath had a fiberglass tub from 2008. What it did have: a documented whole-home HEPA filtration system tied to the HVAC, radon mitigation
Scotiabank agreed this week to acquire Maple Financial Holdings Inc., the parent of a Dallas-based commercial bank you've never heard of. The purchase price wasn't disclosed. Neither was the bank's asset size. What Scotiabank did say was that the deal gives it a
Ken Paxton just ended John Cornyn's 23-year Senate career. The attorney general won Tuesday's Republican primary runoff by double digits in rural and suburban districts alike, turning what should have been a coronation for the four-term incumbent into a rout. Cornyn had the money,
The Finance Ministry issued a blunt warning this week: inflation remains unstable. The statement, tucked into the monthly economic review, arrived with timing that matters. The Reserve Bank of India's Monetary Policy Committee meets in three days to decide whether the current repo rate holds or moves. Two
Ottawa sent Boeing a polite no last month and chose Sweden's Saab GlobalEye for the RCAF's new early-warning fleet. The economics won't favor Canada. The Saab platform costs more per airframe than the Boeing E-7 Wedgetail that the U.S., UK, and