Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023.

Management consultancy Kearney has identified an increasing number of ‘zombie companies’ that have been unable to meet their debt servicing commitments over the past three years through their current operating profit.

Canadian adults generally score well on financial literacy with almost eight in ten saying they are confident in their abilities.

Entries for Wealth Professional Canada’s Top 50 Advisors list will close TODAY, October 28. Enter Here.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Amid onslaught of rate hikes, Canadians prepping for a tougher 2023; Young adults are more financially engaged than parents give credit for; and a football legend gives financial advisors a pep talk to go broader and deeper.