Paul Harmel WG

09/02/2026

No rate change from the Bank of Canada. The central bank held its key rate at 2.25% as tariffs and the Iran war continue to cloud the outlook.

09/01/2026

Last Friday, Statistics Canada reported that Canada’s gross domestic product grew at a relatively sharp pace over the second quarter of 2026. In fact, it was the fastest pace of growth since early 2023 and well above the Bank of Canada’s (BoC) own forecast.

Despite the sharp improvement in the second quarter, trade tensions with the US flared up again in August, raising uncertainty towards the outlook for Canada’s economy over the remainder of 2026.

08/31/2026

In this week’s Week Ahead, Avery Shenfeld makes the case that, even after last week’s breakdown in trade talks, Canada still needs to stay at the table with the U.S.

While reducing that dependence is an important long-term goal, his view is that the immediate priority is to keep dialogue open and work with U.S. allies who also have a stake in avoiding further escalation.

08/28/2026

Did you know economic and market performance can impact all aspects of your wealth plan from cash flow management to your investment strategy?

In the latest Weekly Market Roundup, our partners at CIBC Global Asset Management discuss recent economic data and how the markets reacted this week. If you’d like to discuss this commentary or have questions about your investment portfolio, please get in touch with your advisor or contact us to find an advisor in your area.

https://bit.ly/4cbqgCE

Economic data Getting into a fight with a partner can get very nasty very fast as both parties know exactly what to say and what to do to make it hurt. Unfortunately, we got a taste of it this week after the unsuccessful attempt from Canada and the US to reach a new trade agreement.

08/26/2026

Just days after trade talks between Canada and the US collapsed, Ottawa answered back yesterday with retaliatory tariffs. Canada announced, effective September 8, that it will apply 15%, 25% and 50% counter-tariffs on more than 700 US products, a dollar-for-dollar response to the 50% US duties that took effect last Saturday.

08/25/2026

On August 24th, 2026, US President Trump announced the US will raise tariffs on imports from Canada with potentially important implications for growth, inflation, and market volatility.

Learn more: https://bit.ly/4zzOoc0

Author: Éric Morin, CFA

08/24/2026

In this week’s Week Ahead, Avery Shenfeld argues that the U.S. midterms are unlikely to materially alter trade policy, given that much of the Trump agenda has been advanced through executive orders.

This helps explain why Canada has not seen the post-midterm period as a particularly promising window for tariff negotiations.

08/21/2026

Read this month’s Equity Team Commentary for actionable insights on the Canadian equity market: https://bit.ly/4gjf2wY

Authors: Craig Jerusalim, Tudor Padure, CFA, Catharine Sterritt, Natalie Taylor, CFA, Nick With-Seidelin, CFA

08/20/2026

Giving wealth to adult children is rarely just a financial decision — it’s an emotional one too.

Before any transfer happens, families often need to have honest conversations about values, fairness, independence and intent.

The conversation you have, or avoid, can influence whether wealth brings a family closer together or creates tension.

Read more in our latest article: https://bit.ly/4gsuCXb

08/19/2026

Read the latest Perspectives for our team’s quarterly economic outlook and asset class strategy for the next 12 months: https://bit.ly/4x9DfND

Authors: Michael Sager and Éric Morin, CFA