Declining wealth to torpedo spending, growth: RBC
Household wealth expected to drop by $1.6 trillion from pandemic heights
- By: James Langton
- October 26, 2022 October 26, 2022
- 13:14
Household wealth expected to drop by $1.6 trillion from pandemic heights
The federal government is already enacting a two-year ban on foreign investors by Jan. 1
Less than 5% of pension programs administered by the largest insurance companies offer decumulation options, finds the C.D. Howe Institute
DBRS finds wide divergence in sustainable investing approaches and transparency
A gridlocked Congress is unlikely to agree to stimulus, Moody's says
Private sector forecasters say the economy will expand by as little as 3% this year
Mutual fund redemptions ramped up and long-term ETF sales slumped
Markets will be watching the quarterly monetary policy report closely
About three-quarters of the pandemic war chest remains, research finds
Weaker consumer spending is expected ahead
Real estate will play "a significant role" in the downturn for some provinces, BMO chief economist says
More financing and advice is needed, a Scotiabank report suggests
Difficult period expected to extend into 2023
Scores were lowest for resolving complaints
Going beyond investments with clients remains a good way to add value, particularly in down markets
Almost one in three said they plan to buy cryptoassets in the next 12 months
Economists calling for a 75-basis-point hike next week
Tying asset allocation to the economic environment can help advisors to manage risk
StatsCan reports surge in foreign buying for August, as Canadian investors trim offshore portfolios
Canada among economies most at risk from housing market weakness