Dan LaCosta, MBA, CIM, Wealth Advisor at CIBC Private Wealth Management

Dan LaCosta, MBA, CIM, Wealth Advisor at CIBC Private Wealth Management Dan holds a BBA from the University of New Brunswick and a MBA from Cardiff Metropolitan University.

Prior to joining CIBC, Dan was a professional hockey player, where he learned the importance of setting clear goals, effective teamwork and surrounding yourself with the right partners to achieve your objectives. Dan started with CIBC in 2014 and has held various roles within the Bank, starting as a personal banker and then gradually progressing through the Commercial Banking segment. Prior to joi

ning CIBC Wood Gundy, Dan was the Senior Manager & Team Lead for CIBC’s Mid-Market Commercial Banking division for NB & PEI. Dan and his wife Katie are both actively involved in the Fredericton community and have a son and daughter – Harrison and Emma.

06/14/2026

In this week’s The Week Ahead, Benjamin Tal explores whether AI investment is fueling short-term optimism beyond what fundamentals justify, and examines the challenges impacting the future of AI-driven economic growth.

05/31/2026

This week in The Week Ahead, Avery Shenfeld highlights how, despite other priorities occupying the President, trade policy remains a key focus. The stalled momentum on Canada-US trade developments and the likely delay of the USMCA reviews Canada’s continued vulnerability to US tariffs and shifting trade strategies.

Someone asked me the other day if it was true that I had played in the NHL. I reluctantly said "yes"… they said "no way!...
05/28/2026

Someone asked me the other day if it was true that I had played in the NHL. I reluctantly said "yes"… they said "no way!"… then I followed with something self deprecating like "I used to be a lot cooler" sort of thing...

To be honest, I don’t really talk about my hockey background much. The reason being, for a long time after my hockey career ended, I had very complicated feelings about it.

By most standards, I was incredibly fortunate. I got drafted, played professional hockey for years, wore NHL jerseys, and lived a dream (albeit for a brief period of time) that millions of kids chase. But athletes are wired a little differently...

When you spend your entire life chasing a goal at the highest level, your standard becomes the version of the career you envisioned for yourself — not necessarily the version most people would celebrate.

My goal was never just to “make it” to the NHL and play a few games, it was to become a longtime NHL goalie. And when that didn’t fully happen the way I imagined, I spent years viewing my career more through the lens of what I fell short of opposed to what I actually accomplished.

At 40 years old with the benefit of some maturity and hindsight, I do see it differently now. While I fell short of my goal of a lengthy NHL career, I am genuinely proud of the career I had. More importantly, I’m grateful for everything hockey gave me — the pressure, the setbacks, the discipline, the teammates, the travel, the competition, and the perspective that comes from BOTH success and disappointment.

Ironically, many of the lessons I learned trying to survive professional hockey are similar lessons I rely on today as a wealth advisor.

Professional sports taught me:
◾how to stay composed under pressure
◾how to be prepared
◾how to handle adversity without losing confidence
◾how to focus on consistency instead of emotion
◾how important trust and relationships are
◾how success is usually built quietly long before anyone notices publicly

Those lessons apply to investing and wealth management...Markets don’t move in straight lines. Careers don’t either! Plans change. Expectations evolve. Setbacks will happen.

The people who usually succeed long term — in sports, business, and investing — are often the ones who can stay disciplined, adaptable, and committed to the process when things aren’t going perfectly.

Hockey shaped a huge part of who I am, and I carry those lessons with me every day in business and life. I’m grateful for that now in a way I probably couldn’t fully appreciate when I was younger.

05/03/2026

In this week’s The Week Ahead, Avery Shenfeld highlights how ongoing tensions in the Persian Gulf are fueling higher oil prices, creating both opportunities and challenges.

Elevated prices are bolstering North American producers and Alberta’s fiscal position, yet persistent energy shocks threaten to disrupt central bank strategies, potentially postponing rate cuts or leading to further increases.

04/26/2026

In this week’s The Week Ahead, Avery Shenfeld suggests that inflation risks remain contained and interest rates are likely to stay on hold through 2026.

04/19/2026

In this week's The Week Ahead, Avery Shenfeld explores how shifting inflation expectations and the aftermath of the Iran conflict are shaping market outlooks and central bank policy in Canada and beyond.

04/12/2026

In this week’s The Week Ahead, Benjamin Tal discusses how the ongoing oil shock and the efficiency paradox are shaping the economic outlook for Canada and the U.S., cautioning that energy efficiency gains alone may not shield us from the current challenges.

04/05/2026

In this week’s The Week Ahead, Avery Shenfeld notes that President Trump is seeking a faster exit from the conflict, as the U.S. is now a net oil exporter.

Still, Americans face higher fuel prices due to global markets, and most households don’t benefit equally from increased energy revenues.

03/29/2026

In this week’s The Week Ahead, Avery Shenfeld highlights that affordability is top of mind for Americans, as rising fuel and food costs make it harder for families to feel secure, even with wage growth.

Many still feel squeezed in ways official numbers don’t capture, with everyday expenses outpacing paycheques for many households and shaping the political climate ahead of the midterms.

03/22/2026

In this week’s The Week Ahead, Avery Shenfeld explains that rising inflation risks are making it harder for central banks in the US and Canada to cut interest rates. Without that usual safety net, both economies are more exposed to downside risks.

Until inflation pressures ease, interest rate relief is likely to be delayed, leaving policymakers with fewer options to cushion any shocks.

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Suite 770, 77 Westmorland Street
Fredericton, NB
E3B6Z3

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