RBC reports a 2.2% drop in consumer spending for August, with essentials like gas and groceries driving the slowdown. Despite weaker retail activity, GDP growth is expected to remain positive.
With housing out of reach, wages stagnating, and small businesses crushed by regulation, Canada’s middle class is in trouble. Here’s why financial advisors must adapt to help rebuild pathways to wealth and ownership.
PBO finds top 1% families own ~24% of Canada’s net wealth; top 10% hold 53%. About 169,400 families had ≥ $7.4M in 2023, rising to ~176,800 by late 2024.
9 Toronto condo developments have been cancelled in 2025 due to poor sales and high costs, says CMHC and Urbanation. More cancellations are likely in the coming quarters.
Canada's PBO projects federal employee costs will hit $76B by 2029, with average salary and benefits surpassing $172,000. Budget cuts now planned to curb public sector spending.
Canada names first 5 fast-tracked infrastructure projects under the C-5 Act, including LNG expansion, Darlington SMR, and Montreal Port upgrade — while critics say it’s more bureaucracy than action.
Mackenzie debuts 4 new ETFs tailored for shifting economies, plus updates from Evolve, Hamilton, Global X, Bloomberg & Foresters.
iShares ETFs surpass $5 trillion AUM in 2025. A milestone for BlackRock, but a reminder that investor success depends on strategy, not just scale.
iShares ETFs surpass $5 trillion AUM in 2025. A milestone for BlackRock, but a reminder that investor success depends on strategy, not just scale.
Canada sees 1.4 ETFs launched daily in 2025, setting a record pace driven by active strategies, crypto ETFs, and FOMO among issuers.