WP Talk

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

The concerns that Canadian portfolio managers (PMs) and investment dealers have about financial risks have been revealed in a new report.

After divesting more than $22 billion of Canadian securities in September, foreign investors’ sentiment swung back in favour to the tune of $8.5 billion. 

A new survey from BMO has added to mounting evidence of the impact that economic challenges are having on Canadians’ holiday spirit.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Are we at the end of the bond bear market?; an advisor faces five-figure penalties for pre-signed form infractions; and how to keep client relationships going? Raise your question game.

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

The FP Canada Research Foundation has been looking into the influence that bias has on the recommendations that financial planners make to their clients.

OSFI maintains mortgage stress test requirements meaning borrowers will have to be resilient to rates of more than 7%.

Headline-grabbing stories such as the collapse of the FTX Exchange are concerning for investors in digital assets, but they still want a piece of the action.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Recession fears continue to punish equity markets; why the independent model is the perfect fit for one advisor; and the wealth professional planning to run across Manitoba in 12 days.

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

Canadian businesses could be in for a challenging time as employees consider leaving for a better paid role.

New data from Statistics Canada gives a fresh look into how Canadian retirees view their financial situations.

When budgets are tighter, it’s perhaps expected that generosity suffers, but Canadians have been giving less for more than a decade.

CFP Board plans to form a Competency Standard Commission in 2023 to study and assess the competency standards for education, examination, experience, and continuing education.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadians' financial fears grow as recession is expected; New year, more taxes: Canadians' take-home income to drop by up to $305 on January 1; and What lies ahead for Canada’s ETF industry in 2023?

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

Billionaires say it’s their duty to ‘lead the way’ on positive impact 

IG Wealth announces partnership to drive mortgage business

US equity futures swing as Fed decision is anticipated 

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadians' financial fears grow as recession is expected; New year, more taxes: Canadians' take-home income to drop by up to $305 on January 1; and What lies ahead for Canada’s ETF industry in 2023?

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

As the crypto industry is trying to recover its reputation – and value – following the dramatic collapse of the FTX Exchange, officials in Canada and the US are ramping up the pressure.

What will happen to Canadian house prices in 2023? It’s a big question for homeowners including investors in residential real estate.

The Bank of Canada said it’s more worried about not raising interest rates high enough to quell inflation than it is about inflicting additional economic pain.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Investors’ conviction in Cathie Wood’s ARK Innovation is waning; BC advisor permanently barred for misappropriating funds; and viewing World Cup success through an indexing lens.

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

Calls for Canada’s banking regulator to take a softer stance on mortgage lending have been rebuffed by its chief.

After a year of underperformance, Big Tech and crypto could see a boost as retail investors express their intentions to invest in the beaten-down assets in the new year, a recent study found.

While some Canadians will be easing back on holiday spending this year, many more will be keen to enjoy the festivities even if budgets are squeezed. 

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Equity hedge can offer protection against shocks by reducing a portfolio’s volatility;  Blueshore Financial advisor offers tips for helping the ‘club sandwich generation’ with multiple responsibilities; and could battered U.S. stocks, a tax-loss selling favourite, come back in January?

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

Investors who want to make informed choices about the companies they invest in will struggle to find reliable data from Canadian firms.

More than half of Canadian businesses in a recent Statistics Canada survey took on government-sanctioned pandemic loans during the COVID-19 crisis, which many are finding hard to pay back.

Study reveals that Canadians are lagging most other industrialized nations in the number of paid leave days they get.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Recession risk might present fresh investment opportunities says IG Wealth; a Big Six bank says Macklem could have stopped interest rates at 2.5% barring COVID aid; and in our Other Life feature, how running has changed one PM’s life – and will help him save babies, too.

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

Many economists were expecting the Bank of Canada to hike interest rates Wednesday, but not necessarily by the 50 basis points it decided on.

There could be a significant slowdown in the Canadian labour market in the coming months with a jump in unemployment.

As their current allocation to alternatives is well over their expectations, hedge funds are seeing a large volume of investor redemption. 

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: What the BoC rate hike means for HELOC and variable-rate mortgages; the CFP Board warns unqualified advisors to limit crypto advice; and Harbourfront names new Director of Financial Planning and Analysis.

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

With 2023 fast approaching, investment firms are taking their best shot at weighing up the likely challenges ahead.

More than three quarters of institutional investors are expecting average returns of 7.9% in 2023, despite several challenges.

An Angus Reid Institute poll reveals that more than half of Canadians expect to spend less money on Christmas this year.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Raymond James enters deal to acquire Solus Trust; mega-investment in cyber defense could boost cybersecurity ETFs; and ‘It’s the people who make the difference,’ says transitioning advisor.

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

New stats from Equifax Canada reveal a 7% year-over-year increase in the total owed by consumers at $2.36 trillion.

Your business-owner clients now have the ability to reduce the cost of accepting credit card payments – but should they use it?

The cost of groceries is expected to increase by up to 7% in 2023 in Canada and food prices will continue to climb in the coming year, recent research revealed.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Jail sentence ends a decade on the run for ‘tax protester’ scheme fugitive; Why the market is more worried about the banks than the analysts are; and for the vast majority of donors, trust in charities is important.