CTV News Montreal | Trump tariffs send markets into a tizzy

Michael Zagari, Associate Portfolio Manager explains why four launches happened in short succession and what

As Canada’s economy faces unprecedented challenges, the tax system is by most standards discouraging investment. Michael Zagari provides his opinions.

“In Canada, we’re privileged to be able to send money back and forth in e-mail transfers that cost almost nothing,” Zagari says. “For many countries, those transfers are very costly. Bitcoin is also a store of value. In countries such as Argentina, with out-of-control inflation, people are more encouraged to spend their money than to save it because there’s no valid storage of value in their currency.

Michael Zagari says the new era in the investment world calls for an open mind about emerging asset classes, including Bitcoin-related investment vehicles. “This mindset isn’t just crucial for wealth creators but also those focused on wealth preservation,” he says.

Michael Zagari says that he joined Wellington-Altus to better deliver full-service advice.