(604) 830-2438

In February 2022, the Emergencies Act was invoked to stop an anti-vaccine protest rally in Ontario. Canada’s Emergencies Act is reserved for national emergencies. Its former name is the War Measures Act and was used during the Second World War internment of all persons of the Japanese race.  Basically, the Act suspends your civil liberties and has been used as a weapon of discrimination more than once. Two years later, a judge rebukes the Prime Minister for unjustified use of exercising power. Democratic societies have the right to gather and protest. How will you protect your assets from unlawful seizure if the rule of law can be circumvented? Public servants are supposed to be held answerable for their actions.

Citizens of Argentina learned the sad way not to trust banks in their country. Their government resorts to confiscating bank deposits during financial crises and this has happened more than once. In Cyprus, depositors lost almost half of their savings to bail out their bank. We may not think this is possible in Canada, but the government mapped out a contingency plan in 2017 with the bail-in regime, as opposed to bail-out, resulting in more debt creation by the way.

Canadians are aware more than ever that the money in their bank may not be as accessible as they previously thought. If a bank were to encounter a financial crisis, the Canadian Deposit Insurance Corporation only covers up to $100,000 of eligible deposits. But if you are one of hundreds of thousands of clients, will the insurer be able to cover every depositor? Remember the fall of AIG during the 2008 global financial crisis? It seems you can’t even rely on insurance coverage.

Which brings us to real estate . . . a better risk mitigation option than relying on an insurance payout.

 

 

ABOUT July Ono.

JulyOno.com is a marketing platform for a real estate investment company. We have been actively involved in the Lower Mainland area real estate investing for a number of years.  Our mission is to provide local housing and commercial workspace to quality tenants while at the same time providing an above average return on investment (R.O.I.) for our investor partners and for ourselves. It is truly a win-win-win way of investing!

July offers her investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact July Ono.

For more information about July and her investment program, please call (604) 830-2438 and email her at july@julyono.com or visit https://julyono.com/

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