WP Talk

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

The Investment Funds Institute of Canada (IFIC) has appointed a new chief following an extensive nationwide search.

With rising inflation and interest rates across much of the world, how will the market for high-end real estate be impacted?

A cryptocurrency sector battered by turmoil last year is showing some signs of life early in 2023

These stories in full at wealthprofessional.ca and in our newsletters, plus: 2023 brings new planning opportunities for clients; hedge fund managers report a steep decline in confidence; and Canadian dollar to rebound in 2023 if economic uncertainty clears.

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

Canadian exchange-traded funds (ETFs) and mutual funds ended 2022 as a mirror image of each other as investors cemented a clear preference.

European stocks better reflect the coming slide in earnings than pricey US peers, according Citigroup Inc. strategists.

The struggles of keeping up with the cost of living became too much for thousands of Canadians in 2022 according to official stats.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Equities struggle ahead of key US data; World Food Index eases to early-2022 level but remains elevated; and $1.4 trillion in foreign investment in China was via tax havens.

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

British Columbia now has a cooling-off period for homebuyers, providing three business days to pull out from a purchase after an agreement has been signed. 

BMO’s capital-markets unit was the top arranger of initial public offerings in Canada in 2022

Those paying the top rate of personal income tax in Canada’s most populated province have been let down by provincial lawmakers according to a new report.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Sizing up the opportunity in short-term real estate lending; China ESG reckoning looms for investors; and beyond the hype of cryptoassets.

Andrew Buntain, Vice President, Institutional Portfolio Manager at Franklin Bissett, discusses inflationary pressures, quantitative tightening, the significant slowdown of growth, and the possibility of a full-blown recession. Take a deep dive into what this means for fixed-income markets and the head and tailwinds that the markets will face.

Disclaimer: Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the prospectus and fund fact/ETF facts document before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.

The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.

Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.

Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1500 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca

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

The financial strength of Canadian defined benefit (DB) pension plans increased in the last three months of 2022, to set them up for a strong start to the new year.

New research from Questrade and Leger reveals that, even as inflation bites a chuck out of household incomes, putting money into retirement savings plans remains paramount.

Driven primarily by US and international investors, Canadian venture capital (VC) investments in Q4 2022 is poised to easily surpass the $2.2 billion mark. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: For a young advisor guiding Gen Z clients, social media is a good place to start; Market misery dealt sovereign wealth funds historic setback in 2022, study shows; and Canada's ban on foreign homebuyers takes effect.

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

The start of a new year always has some elements of hope and renewal, but when it comes to financial concerns 2023 feels much like 2022 according to a new CIBC poll.

Almost four in ten Canadian entrepreneurs say that their business is in good shape, roughly in line with their sentiment at the end of 2019.

After the biggest loss for 60/40 portfolios since the global financial crisis, better days may lie ahead for the trillion-dollar complex of balanced investment strategies.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Deglobalization could create a new order in emerging markets; a snapshot survey sheds light on pre-retirees’ plans and preparations for life after work; and what’s the bull case for gold in 2023?

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

CI Financial has announced its latest asset stats and given an update on its plan to offer at least part of its US wealth management business on the US stock market.

Commercial real estate investors in the Americas favour multifamily and industrial as their top investment choices for 2023.

Elon Musk said again that he’ll stop selling Tesla Inc. shares, after disposing almost $40 billion of his holdings contributed to the stock plummeting to a two-year low.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why 2023 will be the year of the income investor according to Mackenzie Investments CIO; why the BoC’s commitment to data-based interest-rate policy is a welcome shift ; and Ontario Securities Commission welcomes a new chair.

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

While many are now bracing for a national – and global – recession in 2023, how are Canada’s individual provinces set to weather the storm?

Three quarters (76%) of global institutional investors are expecting the economic climate to improve in 2023, but business leaders don’t agree.

New research focused on the family office space reveals a glaring divergence between how ready the next generation of ultra-high-net-worth clients feel to take over their families’ wealth, and how prepared family offices think they actually are.

These stories in full at wealthprofessional.ca and in our newsletters, plus: A BC lawyer faces a 15-year suspension over trust account violations; how an advisor’s own life journey strengthens her bond with clients; and how ‘outcaring the competition’ can elevate advisors' practices.

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

Canada’s current cohort of young adult investors are keen to do things their way and they may choose not to listen to professional wealth advisors.

The trajectory of Canadian investment funds continued on trend in November with ETFs cementing their superiority among investors.

Elon Musk’s fortune continues to take a beating a week after he lost his spot as the world’s richest person.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Rising interest rates have worsened Ontario’s housing affordability crisis; Purpose pushes through with yield-focused single-stock ETFs; and how Nicola Wealth is doubling down on the institutional space.

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

Canadian households are facing a sharp rise in the amount they pay for their debts relative to their income according to TD Economics. 

The Bank of Japan’s unexpected hawkish shift sent shock waves through global markets as the developed world’s last holdout for rock-bottom interest rates inches toward policy normalization.

Being alive for half a century is certainly a positive milestone, but it’s also a worrying time for many people as they consider their future health and finances.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Feds face pushback over planned end to inflation-protected bonds; most Canadian businesses are ready for a 2023 economic downturn; and why recession fears shouldn’t dampen 2023 energy outlook.