Canadian household wealth remains heavily concentrated in real estate. As home prices weaken, the housing wealth effect is turning negative, while stocks and funds are becoming more important drivers of household wealth and spending.
Microsoft’s latest earnings report sent its stock sharply higher, pushing the company to the largest single-day market value gain ever recorded in global equity markets.
After South Korea relaxed rules for single-stock leveraged ETFs, retail investors poured into products tied to Samsung Electronics and SK Hynix. When chip stocks reversed sharply, some leveraged ETFs collapsed from their highs, leading to heavy losses and a public apology from the finance minister.
Two Ottawa homeowners thought their insurance would protect them after a major flood. Instead, they discovered that the most dangerous part of home insurance may not be the premium, but the fine print that appears only when disaster happens.
The same money can produce very different tax results depending on whether it goes into a TFSA or RRSP, and when. For people whose income is expected to rise quickly, account sequencing may become a powerful planning tool.
RBC says Canadians need to rethink retirement planning as people live longer. Why saving alone may no longer be enough for a retirement that could last 30 years or more.
Alphabet officially joins the Dow Jones Industrial Average, signalling that AI has entered the core of America’s capital system. This quietly released milestone may matter more to long-term investors than many of today’s headline stories.
Canada faces rising mortgage costs, slowing hiring, and worsening food insecurity. Youth unemployment has climbed above 14% while one in four Canadians now lives in a food-insecure household.
Canada mortgage arrears rise to 0.28% as household debt reaches $3.23 trillion, outpacing wage growth and increasing financial risk.
Meta and Microsoft job cuts highlight a growing AI-driven shift in the labor market, raising concerns about future employment trends.