Wealth Professional Canada

One province, one regulator - what changes for Québec advisors on July 4 By Jul 06, 2026 Oversight of Québec's mutual fund dealer representatives shifts to CIRO on July 4, 2026, under a regulatory overhaul the AMF says simplifies the system. The Autorité des marchés financiers set the date in a July 3, 2026 media release, confirming that the recognition order for the Chambre de l'assurance takes effect the next day.

A record millionaire count masks how unevenly the world's wealth still sits By Jul 06, 2026 Canada holds 13th place among 56 markets for average personal wealth per adult, at US$399,886, yet climbs to seventh when wealth is measured by the median. That gap points to a flatter spread of wealth than several higher-ranked peers show. On the median yardstick, which marks the midpoint of the population, Canada records US$147,811, placing it ahead of Switzerland and Norway.

A Roth conversion play could reshape how advisers weigh the new US children's vehicle By Jul 06, 2026 A new US children's investment account launched on July 4 with a feature planners will scrutinise first: it holds 100 percent equities and, unlike a 529 college savings plan, never glides toward bonds as the child ages, according to a Vanguard research note. That structure sits at the centre of the suitability question now facing advisers.

Both sit on committees with sway over the aerospace firm or the agencies that oversee it By Jul 06, 2026 Two members of the US Congress reported buying SpaceX stock within days of the company's record public debut. Both hold committee seats that touch either the aerospace firm or the agencies overseeing it, according to publicly accessible House financial documents reviewed by CNBC.

The World Cup pushed volumes to records, and regulators want to see who keeps their footing By Jul 06, 2026 Kalshi handled more than US$31bn in notional volume in June, a jump of more than 70 percent from May's US$17.9bn, according to user-collected data on Dune Analytics cited by CNBC. The surge, driven by the FIFA World Cup, pushed prediction markets toward what the Financial Times reported could become the largest market in history, more than a month before the final.

Cheap crude and swelling stockpiles complicate the inflation picture even as geopolitical risk lingers By Jul 06, 2026 A wave of cheap, abundant crude is reshaping the calculus for advisors tracking inflation trends and rate expectations, even as the rebuilding of depleted global oil reserves is set to stretch into 2027 and beyond.

Case-Shiller data shows price growth accelerating while Realtor.com sees buyers gaining ground By Jul 06, 2026 US home prices grew at a faster clip in April even as the broader market showed signs of shifting back in buyers' favor heading into summer, according to two new housing reports released this week.

Recognition order splits regulatory duties between CIRO and AMF from now on By Jul 06, 2026 Quebec's financial services regulatory landscape shifted at the end of last week as authorities confirmed a new oversight body would formally take charge under provincial law.

World Gold Council sees prices holding near $4,100/oz if rate and inflation forecasts hold By Jul 06, 2026 Gold allocations face a wide range of potential outcomes in the second half of 2026, according to the latest outlook from the World Gold Council, with the metal's path hinging on how rate expectations, geopolitical tension, and investor positioning play out.

An investment entity has been busy trying to buy-up shareholdings in several major finance industry players By Jul 06, 2026 As a private investment entity, little is known about Ocehan LLC. But its certainly making its name known among investors in major financial services industry firms in Canada. Sun Life is the latest in a string of big player to advise shareholders to exercise caution regarding Ocehan’s mini-tender offer to purchase up to 100,000 Sun Life common shares.