Bard Wealth Management

09/06/2026

In this week’s Week Ahead, Avery Shenfeld notes that the US and Japan are facing a common challenge: rising long-term bond yields and tighter fiscal constraints. With slower growth and higher borrowing costs, managing government debt may become much harder.

09/04/2026

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 me anytime.

Economic data The month of September has arrived, but the sun keeps shining on the US economy. The week opened with the Institute for Supply Management (ISM) manufacturing and services surveys both signaling healthy expansion, at 54.

09/04/2026

Statistics Canada reported Canada’s merchandise trade surplus narrowed sharply in July as exports declined for the first time in six months, while imports increased. Particularly notable amongst the data was a significant drop in exports to the US.

This drop came in July, just before trade tensions escalated between the two countries, leading to more tariffs.

09/03/2026

At its September meeting, the Bank of Canada (BoC) held its benchmark overnight interest rate steady. Inflation remains elevated and above target.

However, inflationary pressures still appear to be largely contained to energy prices, and have not spilled over to other products, as evidenced by core inflation near the BoC’s 2% target. But the BoC did acknowledge that global developments have raised the upside risks to inflation. Here’s more from yesterday’s interest rate decision.

09/02/2026

Missing the tax filing deadline can have financial consequences for Canadians, including penalties and interest charges. Experts urge taxpayers to file promptly and seek professional guidance if they’re unable to meet the April 30 deadline. If you have questions or need assistance, please reach out to me anytime.

Read more in MoneySense: https://bit.ly/4xvNfAL

Haven’t filed taxes in years? Learn the risks, hidden costs, and step-by-step ways Canadians can catch up and reclaim refunds.

09/02/2026

S&P Global reported that Canada’s manufacturing sector expanded for a fifth straight month in August, albeit at a slightly slower pace than in July. Canada’s manufacturing sector has improved in 2026 compared to 2025, suggesting manufacturers and businesses have adapted to trade disruptions with the US.

However, the outlook is now clouded after fresh Canada-US trade tensions reemerged in late August.

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

The end of August turned out to be eventful after trade negotiations between Canada and the US fell apart, which resulted in the US imposing tariffs on Canada, and Canada saying it will also impose new tariffs on the US beginning on September 8.

This week will have several key economic announcements in Canada, which will garner attention from the investor community. Here’s what to watch for this week.

08/30/2026

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/4wZR7ZD

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.