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

The doom and gloom of rate hikes, inflation, and recession is weighing on the confidence of Canadian investors.

Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America strategists.

Canadian employers are expecting to increase compensation budgets in 2023 compared to previous years says Mercer.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why you should start preparing clients RRSP season as fall starts; Evolve unveils global real estate fund; and How to pick ETFs during these turbulent, inflationary times.

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

-More than half of respondents to a new poll from Edward Jones who are aged 18-34 said they need an inheritance or windfall to reach their financial goals.

-The Canadian housing market has its ups and downs but the affordability issues in many markets are keeping more people on the sidelines.

-Two-thirds of Canadian small businesses want the federal government to concentrate on lowering the overall tax burden 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Active managers on pace for best showing in 13 years; Manulife and Sun Life slammed for slow action on climate plans; and is the Fed raising rates so fast that it’s steering into a recession?

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

Canadian house prices continue to be a concern for those already in the market, with a new record drop set last month for a key trend measure.

Working Canadians are feeling the first drops of what could be an impending storm of financial stress, according to a new study.

With prices rising faster than wages, many Canadians are looking at how they can bring in extra income through a business venture.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why the BoC is at a crossroads on rate policy; August CPI a welcome win in Bank of Canada’s inflation fight; and Ontario advisor David Little on why Canadians are retiring overseas.

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

Milestone, expansion, and rewritten rules were among the highlights for the Investment Industry Regulatory Organization of Canada (IIROC) in the past year.

Norway’s $1.2 trillion sovereign wealth fund will require the companies it invests in to reach net-zero emissions by 2050 at the latest.

As it prepares for additional interest rate increases, the Canadian stock market continues to be volatile, presenting a chance to purchase dividend and growth stocks at a discount.

Commercial real estate investors should brace for a tougher year ahead according to a new report.

These stories in full at wealthprofessional.ca and in our newsletters, plus: ‘It’s up to advisors to democratize financial wellness’, says one leader; an Alberta credit counsellor speaks out on mounting financial struggles for the elderly; and why gold doesn’t have its 2020 shine.

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

Rising inflation is putting downward pressure on Canadians’ financial wellbeing, which was already declining due to the pandemic.

Foreign investors resumed their interest in Canadian bonds in July, buying almost $15 billion worth following a divestment of almost $18 billion in June.

Raven Indigenous Capital Partners, North America's only Indigenous-led and owned venture capital intermediary, has launched its second fund.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Homebuyers are ‘feeling the heat’ as home prices drop 14%; Health care could take the next bull market by the horns; and how Non-royals can pre-plan their estates to minimize their inheritance taxes.

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

Institutional investors including several from Canada have joined forces to push governments to do more on climate change policy.

Foreign-exchange markets took a risk-averse turn Thursday, sending the Canadian dollar to its weakest against the greenback in almost two years.

Although Canadian consumers are generally happy with their credit cards, they are using them less frequently and turning to alternatives like buy now, pay later (BNPL) and personal loans.

The rise of exchange-traded funds (ETFs) is expected to continue unabated as research shows that younger investors are big fans.

These stories in full at wealthprofessional.ca and in our newsletters, plus: BoC’s commitment to hitting its inflation target will require short-circuiting a vicious spiral says Desjardins; are we nearing the point where banks can take their foot off the brake? and why are unmarried women less confident in their retirement?

Lori Pinkowski does not waste any time. Spurred on by enterprising parents and inspired by her Oma, she interned at Canaccord Genuity Wealth Management at 15 and was a licensed advisor at just 22. She has since gone on to establish a hugely successful practice in Vancouver. In this edition of WP Talk, she talks about her ethical approach and why she likes to know everything about her clients down to the names of their pets. 

The comments and opinions expressed in this podcast are the results of work done by Lori Pinkowski. They may differ from the opinion of Canaccord Genuity’s Research, and should not be considered as representative of Canaccord’s beliefs, opinions, or recommendations. All views expressed in this podcast are provided for informational purposes only and do not constitute an offer or solicitation to buy or sell any securities.

CANACCORD GENUITY WEALTH MANAGEMENT IS A DIVISION OF CANACCORD GENUITY CORP., MEMBER OF THE CIPF AND IIROC

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

Over 90% of the world’s largest companies will have at least one asset financially-exposed to climate risks such as wildfires or floods by the 2050s.

The marriage of technology and financial services is a huge opportunity for financial institutions, if they embrace it quickly enough.

Purpose Investments has introduced a new fund to expand its portfolio of market-beating cash solutions.

Ethereum Merge - crypto's most ambitious upgrade so far - appears to be a success.

These stories in full at wealthprofessional.ca and in our newsletters, plus: ESG funds panned as signs of ‘woke capitalism’; Inside Guardian Capital’s one-two solution to the thorny problem of retirement; and a new study slams selective taxation of the wealthy, pointing to long-term indirect effects and external costs.

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

The big life milestones are being delayed by Canadians who feel their current financial status is inadequate.

When did you last mention to a client about an ‘inflation hedge’ or refer to an investment as being ‘less volatile than equities?’

A new Return-to-Office Survey by the Portfolio Management Association of Canada (PMAC) is shedding new light on the continually evolving conversation around post-pandemic work policies in the Canadian financial space.

These stories in full at wealthprofessional.ca and in our newsletters, plus: how Raymond James is helping frightened cross-border clients; U.S. inflation report was ‘worst-case scenario’, says an economist; and How pre-authorized contributions can help younger clients.

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

A new analysis of the best countries for retirement suggests that things have worsened for Canada’s retirees with 14 options that might be better.

Toronto is among the global elite for having an oversized population of millionaires according to a new report.

With the passing of Queen Elizabeth II, King Charles III will inherit a massive trove of wealth, including her personal fortune and the royal estate.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Franklin Templeton flexes its fixed-income muscle with a new ETF; Latest NEO Connect listing opens up a world of VC opportunities; and is there a ‘silver bullet’ indicator for a broad market decline?