Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce’s wealth strategies group, discusses three ways Canadians and Americans living in Canada may benefit from U.S. President Donald Trump’s tax proposals.
The benchmark Canadian stock market index rose more than 260 points
Investors see jobs data as boosting chance of rate cuts
Rising geopolitical risk threatens to undermine rules-based economic system
Economy continues to grow, with Atlanta Fed projecting 2.7% increase in Q4
The transaction will see CI GAM’s AUM increase to roughly $170 billion
Prices expected to strengthen in the second half of 2026
Finance leaders say the actions will hurt consumers
Core prices increased 2.6% from a year earlier, above Fed's target