Insights

Our base case is for modest economic growth and inflation calm enough to allow for a resumption of interest-rate cuts. U.S. public policy remains the dominant macroeconomic theme, with tariffs and tax cuts both attracting close attention. The global economy...

Canada U.S. tariffs on key Canadian exports, including energy products, aluminum and steel, have begun to bite into the country’s economic growth, with both the latest GDP and employment numbers seeing material and negative downturns. The uncertainty...

Overview In 2025, the global economy and markets face uncertainty from U.S. trade tariffs and the Trump administration’s policies more generally, but opportunities remain for patient and disciplined investors. Summary The first half of 2025 has been marked...

Investing surfaces many of our most primal human instincts, with our decision making often driven by fear or greed. Being aware of these weaknesses and then working to control them makes for a better and more successful investor; and, as the stewards...

Uncertainty around U.S. tariffs remains, but the worst-case scenario has largely been ruled out as progress toward trade deals is being made. In our base case scenario, economic growth should slow, but not stop, and any rise in inflation should prove...

In the search for the right investments to reach your goals, it's easy to look past or take for granted the opportunities in our own backyard. But for Canadian investors, some of the world's most attractive investments are right here at home. While global...

Canada The economy showed better than expected strength over the final months of the first quarter and into the early part of the second, with many businesses front-loading their purchases ahead of what was expected to be the implementation of severe...

The past few months have been fraught with discussions around an ever-changing trade war and its implications on our economic landscape. From tariff implementation to withdrawal and, most recently, a pause, uncertainty and subsequent market volatility...

Investment markets beyond North America are abound with opportunities for investors. And diversifying geographically and across various markets can have important risk management and return benefits. Here are five reasons why investors should consider...