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It’s currently a buyer’s market and you may be a tempted to jump in now and upgrade your home later.

Peter joins CTV Your Morning Vancouver to talk about the costs of buying, selling and moving, and explains why continuing to rent while focusing on saving and investing may work better for you in the long run.

In this final session of 2025, Peter looks ahead and shares your essential 2026 financial to-do list on CTV Morning Live Vancouver.

Here are a few key takeaways:

• Review or update your will if it hasn’t been done in the last five years.
• Think twice before contributing to an RRSP if your income is under $50,000 — you may be in the lowest tax bracket.
• Over 80% of Canadians don’t have a real financial plan. How much money you have (or don’t have) has nothing to do with getting one. Find a Registered Financial Planner and make 2026 the year you get a plan in place.
• Explore strategies to make part of your mortgage tax-deductible and start building passive tax savings.

Tune in for practical insights to help you start the year with clarity and confidence.

Despite rising arrears, the truth is: we’re back to historical averages. From a low of 0.14% in 2022 to 0.24% in August 2025, mortgage delinquencies are far below past peaks.

No crisis — just a return to normal. Stress less and tune in for financial peace of mind.

This week on CTV Morning Live, Peter breaks down the truth vs. myths: brokers don’t just help if you can’t qualify at a bank — they help whether you can or can’t.

From finding the best lender to providing expert, personalized guidance, a good broker makes the mortgage process smoother—often at no cost to you. Not all brokers are created equal, so look for a fiduciary who truly has your best interest in mind. Tune in for all these answers and more.

More retirees are carrying mortgage debt than ever before, and it’s not always a bad thing. In this week’s session, Peter breaks down:

• Why more people retire with mortgages
• When it’s not actually a problem
• Smart ways to manage it

Retirement doesn’t have to mean being mortgage-free — it means being financially smart.

Join Peter this week on CTV Morning Live Vancouver as he breaks down how to get the most out of your mortgage.

One viewer has a $50K mortgage at 1.74% with one year left and plans to cash out $60K from RRSPs to pay off $40K in debt. Sounds smart? Think again. At that low mortgage rate, even a 5% increase only adds about $3,000 a year in interest, versus nearly $20,000 in taxes from withdrawing RRSP funds.

Peter explains why that move doesn’t make sense and explores smarter options to manage debt, save on taxes and protect your long-term wealth. Tune in and learn how to make confident, informed financial decisions.

This week, Peter’s talking Critical Illness (CI) Protection and why it matters more than you think.

Do you really need it for your mortgage? For many, yes. Especially if you’re self-employed, have a family history of illness or no backup savings. Quick tip: If budget’s tight, prioritize Disability Insurance (DI) first — since CI pays a lump sum, but DI replaces your income. And if you do get a CI payout, use it strategically to cover bills, protect your savings or make time to truly live.

Tune in to Peter’s latest discussion on CTV Morning Live Vancouver, it could change the way you think about financial protection.

Thinking of co-signing your child’s mortgage? Think again.

• You’re liable for 100% of the debt
• It counts against your borrowing power
• Renewal can happen without your consent
• Nearly impossible to unwind if things go sideways

Smarter alternatives: early inheritance (investments, HELOC, reverse mortgage) + estate equalization planning. Peter breaks it all down on this week’s CTV Morning Live Vancouver.

Don’t just lock in the lowest rate—make your home equity work for your retirement. Here’s how:

• Re-amortize to lower payments and use the extra cash flow to top up your TFSA or RRSP
• Consolidate debts—shift what you already owe into a lower-interest option
• Explore a mortgage deductibility strategy

Your mortgage doesn’t have to be 25 or 30 years. Build wealth now, and you’ll have the flexibility to pay it off later. Peter shares his top tips on this week’s session of CTV Morning Live Vancouver. Don’t miss it!

Bought a prebuild in 2021 or 2022? Now it’s time to close—but the bank’s appraisal is way lower than what you paid.

So what happens now?

• Can you walk away from the deal?
• How do you cover the gap?
• What happens to your deposit?

Peter breaks it all down on CTV Morning Live Vancouver, tune in to learn about your options before it’s too late.

This week on CTV Morning Live, Peter breaks down the key differences between mortgage life insurance and traditional life insurance—covering costs, cancellation policies, eligibility and more.

Tune in for the full breakdown and make sure you’re covered in the way that works best for you.

Don’t get hooked by flashy mortgage promises. Be cautious of rates being advertised as low as 1.99%. Here are some key things to watch out for:

• This could be a classic bait-and-switch tactic
• What happens to your approval when the rate changes?
• What’s the penalty if you decide not to move forward with them?

Peter breaks it all down in this week’s session on CTV Morning Live. Tune in so you don’t get caught off guard.