WP Talk

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?

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

Last year was record-breaking for investment in the Canadian fintech sector, but things have cooled significantly.

A project sponsored by Scotiabank, LexisNexis Risk Solutions, and others is helping to crack down on the sexual exploitation of children.

People may become less interested in spending money on various activities as their health deteriorates, they become widowed, or they get older.

These stories in full at wealthprofessional.ca and in our newsletters, plus: A former BoC governor tells WP about The ‘profound moment’ when G20 leaders realized the seriousness of COVID;  How Edward Jones empowers women in pursuit of work-life balance; and are Canadian wealth advisors ready for new mandatory disclosure rules?

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

The head of Canada’s main banking-industry regulator won’t bow to pressure to loosen mortgage-underwriting standards in response to rising interest rates that are boosting homebuying costs.

Whether or not to ban upfront compensation paid for the sale and servicing of segregated funds and individual insurance contracts (IVICs) is now an open conversation.

Bank of Nova Scotia and Bank of Montreal are the best-looking buys, according to an analyst who tracks Canada's Big Six lenders

The regulations and high taxation imposed by federal and provincial governments mean Canada remains outside the elite nations for economic freedom.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Seven in 10 small business owners expect pain from latest BoC rate hike; Mackenzie Investments unveils new funds; and how have the KYP CFRs reshaped the Canadian fund landscape?

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

Canadians have a high level of financial literacy but there are still significant gaps in what they know about investing

Researchers from the Montreal Economic Institute are questioning the accuracy of Statistics Canada's official CPI metrics.

With more than one million students enrolled in Canadian universities each year, how much are the current cohort paying for their education?

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why investors should brace for Bank of Canada’s ‘heavy lifting’; data shows most doctors’ finances were pinched, but the top earners were fine in year one of COVID; and a new awards ceremony represents a way to celebrate giving in the wealth industry

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

Canadian consumers borrowed more in the second quarter of 2022, taking total debt to a new all-time high.

Global stocks are on pace for their worst run since the European debt crisis a decade ago and Goldman Sachs strategists are among those warning that more selling is possible.

Global investors appear to be building up their cryptocurrency assets ahead of the next bull run according to a new survey.

These stories in full at wealthprofessional.ca and in our newsletters, plus: AGF’s CEO warns that stock market investors may be overlooking the potential fallout of continued Fed hawkishness; Hamilton ETFs unveils enhanced utilities ETF; and it’s the last day to register for WP’s Advisor Connect session on ETFs – it’s FREE

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

Speculation about interest rate hikes in Canada and around the world remains heightened, but are even bigger increases ahead?

Investors in Canadian exchange-traded funds (ETFs) changed direction in August, preferring equities to fixed income according to new figures from National Bank of Canada (NBC).

Birth orders will always have its stereotypes, but new research on has recently surfaced in the field of investment behaviour and found “economically meaningful” results.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why integration should matter for tech-focused wealth firms says the CEO of FutureVault; Non-profit investors adopt a pro-risk view despite market uncertainty; and why a common-law breakup could leave you financially worse than a divorce.

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

Toronto home prices fell for a fifth straight month, the longest downturn since 2017

Sun Life has announced a majority stake in a US independent retail distribution firm to enable an expansion of its operations south of the border.

A second review of Canada’s banking and investment ombudsman service includes a renewed call for greater autonomy in its decisions.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Canada’s tax code is riddled with credits, deductions, and transfers, says a tax expert; Are high-interest savings ETFs a must-have in the advisor toolbox? and Desjardins Investments makes changes to its fund shelf.

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

Rogers Communications Inc. succeeded in extending a deadline to buy back $9.33 billion of bonds, overcoming objections from some investors about terms of the deal.

Canadians may want to make sustainable choices, but the cost-of-living crisis means that price points may make this unachievable according to a new report from EY.

The metaverse has the potential to be a huge investment opportunity, but there is also the potential for huge risks according to securities regulators.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Evolve debuts U.S. high-interest savings account fund; Portfolio Strategies Corporation inks KYP partnership with Equisoft; Is it time to consider investing in EM local currency debt?