2025 is a year that will bring opportunities and challenges for Albertans nearing or in retirement. If you’re within 10 years of retirement, or already retired, here’s what could impact your portfolio:
 

Political Developments:

Canadian Government Uncertainty

Going into the Holiday break the government appeared to be on the ropes.  When Parliament resumes we could see a non-confidence vote topple the current Liberal government and/or a new leader at the helm of that party.  The government collapse could bring market volatility, policy delays, and further weaken the Canadian dollar. These shifts may ripple through other sectors as well.

U.S. Political Changes

Donald Trump's return as President could lead to shifts in trade, energy, and taxation which could directly impact Alberta’s key industries and the Canadian economy as a whole.

Global Economic Events

Interest Rates

Interest rates may stop falling, or could slow, and that would impact both equity and bond markets which are key considerations for income strategies.
 

China’s Economy

Any U.S. tariffs on China could slow global trade which would impact Alberta’s commodity-driven economy.
 

Energy Sector Volatility

Oil Prices

Global energy demand and geopolitical tensions could significantly impact Alberta’s oil industry and investment portfolios.
 

Clean Energy Transition

The shift toward renewable energy poses risks for fossil fuel investments, but offers opportunities in green technology.  

 

The Rise of AI

Generative AI is driving innovation, creating growth opportunities in tech-heavy portfolios.  

Staying Prepared:

• Diversify: Spread investments across sectors and regions.
• Stay Informed: Monitor political and economic events.
• Work with an Advisor: Tailor strategies to your long-term goals.

By staying proactive, you can better navigate 2025’s challenges and position your portfolio for success in retirement.

Any questions about your retirement portfolio?  Contact PKAG today!