Wealth Professional Canada

Understand what you own and why you own it By Sep 02, 2026 Try this. When you get stuck on the crossword, or a Sudoku, or the NYT Spelling Bee - stop. Put it down. Take a break. When you come back, as little as ten or fifteen minutes later, you almost always make immediate progress, or even finish quickly. Funny how that works. The answer was actually just… there. During that break you’re not solving anything. You’re just no longer staring at the wrong assumption. It’s freeing.

Sixth decision of the year follows price volatility, trade uncertainty, and economic growth By Sep 02, 2026 The Bank of Canada (BoC) has elected to hold its policy interest rate steady at 2.25 per cent today amid a high degree of uncertainty about the Canadian economy. The decision follows the release of very positive GDP growth data from Q2, in which the Canadian economy grew at an annualized rate of 3.3 per cent.

Canadian banks generally beat earnings, but what risks do they still carry? By Sep 02, 2026 Last week’s earnings reports from Canada’s big six banks were yet another broad show of strength. The banks all beat their earnings expectations, on the back of resilience in lending and higher interest income from mortgage renewals, strong capital markets and wealth management businesses, and a longer-term drive to bring down costs per dollar of revenue.

Traders price a 95% chance the Bank of Canada holds at 2.25% on Wednesday By Sep 02, 2026 The S&P/TSX composite index shed 444.75 points on Tuesday to close at 35,825.73, with basic materials and technology stocks weighing on the index while energy shares provided a lift. The Canadian Press reported the drop came as US forces struck targets in Iran and crude prices climbed.

Many countries still lack rules for deploying advanced AI models By Sep 02, 2026 Frontier artificial intelligence models are showing increasingly sophisticated autonomy, problem-solving abilities, and threat capabilities, complicating the risk landscape for the global financial system. Financial Stability Board (FSB) chair Andrew Bailey set out the assessment in a letter dated August 28, to G20 finance ministers and central bank governors ahead of meetings this week.

The shakeup lands two weeks before Carney's first investment summit By Sep 02, 2026 Invest in Canada has a new chair and chief executive two weeks before Prime Minister Mark Carney's inaugural investment summit in Toronto. Dominic Barton, a former Canadian ambassador to China, will chair the agency's board of directors, while Gurinder Grewal, founder and managing partner of MEM Growth Partners, becomes chief executive, according to an announcement Carney's office made on Monday.

US-listed ETFs rebounded in August, shattering the month's historical average and keeping year-to-date inflows above $1.4 trillion, State Street data shows. By Sep 02, 2026 US-listed ETFs pulled in $180 billion in August, brushing aside the seasonal slowdown that typically marks the month and keeping 2026's record-setting ETF flow pace firmly intact, according to new data from State Street Investment Management.

Canadian wealthtech firm is nearing $1 trillion in assets on its platform as it expands its sales leadership to grow its advisor network across North America By Sep 02, 2026 Toronto-based wealthtech company d1g1t Inc. has appointed Alex Strekel as chief revenue officer, bringing more than two decades of financial services and fintech experience to the role as the firm presses ahead with ambitious growth targets across North America.

New data from GreenShield and BCG reveals how back-to-school season intensifies mental health strain and budget pressure on Canadian mothers By Sep 02, 2026 The invisible weight of managing a household is falling almost entirely on Canadian mothers and a pair of new studies suggest the back-to-school season is making it significantly worse.

Nearly two-thirds of Canadian workers cite cost of living as their top financial stressor, with mental health scores falling sharply as a result By Sep 02, 2026 Nearly two-thirds of employed Canadians name the cost of living as their single biggest source of financial stress, according to new research.