Bridgewater founder Ray Dalio warns that roughly 60% of Americans are being left behind as AI and automation accelerate inequality. U.S. growth is increasingly concentrated in the top 1%.
The Bank of Canada cut its policy rate to 2.25%, citing weak exports, trade uncertainty, and cooling inflation. Policymakers expect gradual recovery through 2026.
New PWL Capital data shows renters in most Canadian cities — including Toronto — have outperformed homeowners. Ai Financial explains how compounding returns can outgrow real estate.
Fitch warns that fintech growth is reshaping the securities industry. Digital brokers and bank-affiliated firms stand to gain, while traditional domestic players risk losing market share amid AI and digital asset expansion.
Canada’s new federal budget will allocate $75 million for building-trade apprenticeship training and $97 million to speed up foreign credential recognition, as the government tackles skilled-worker shortages.
U.S. tariffs are hitting Canada’s economy, with exports down 26% and manufacturing output shrinking. Job growth has stalled, and foreign investors pulled $22.6 billion from Canadian markets.
A five-month “government impersonation” scheme shows why financial safety begins with choosing the right institution.
Grocery prices in Canada jumped 4% in September, led by a 28% surge in coffee and rising meat costs. Ai Financial reminds investors: inflation erodes cash, but smart investing helps preserve value.
Canada’s Auditor General says CRA agents gave accurate tax advice only 17% of the time. Tax lawyer warns Canadians can’t rely on CRA’s hotline, while critics call for urgent tax code reform.
SIMA reports strong September gains for Canada’s mutual funds and ETFs. Total mutual fund assets reached $2.489T, while ETF net sales surpassed all of 2024, setting a new record.