Population growth, policy levers drive price appreciation, housing values reporting triple-digit gains over a 30-year period
TORONTO–Strong equity gains over the past 30 years have left few regretting the leap to home ownership, but obstacles are dimming the dream for future generations, as home-ownership rates decline nationally and in major markets, according to a report released today by REMAX Canada. In its analysis of data and …
Beyond Wealth: Why Canadians Are Rethinking What They Leave Behind
New Edward Jones research reveals the legacy Canadians want and the barriers they face TORONTO, ON–Canadians are redefining what it means to leave a legacy. It’s no longer just about wealth, it’s about meaning. While 59 per cent still prioritize providing loved ones with financial security, new polling from Edward …
Canada’s Future Economic Engine: TD Survey Finds 3 in 4 Gen Zs Want to Run Their Own Business
Gen Z is leading in hustle but lagging in asking for help: 77% of respondents would feel more confident starting or growing a business with a trusted small business advisor or mentor TORONTO, ON–A big wave of Canadian entrepreneurs is potentially on the horizon. A new TD Survey reveals that …
New Survey Reveals Burnout Is Costing Canadian Employers Millions — But There’s a Way Forward
WINNIPEG, MB–A new national survey reveals a troubling rise in workplace burnout, with nearly 39% of Canadian employees reporting they feel burnt out–a concerning increase from 2023. The findings show that burnout is not just a wellness issue–it’s a business issue. For a company with 500 employees, burnout-related productivity losses …
Economic unease has Canadians thinking about financial plans, but those without a plan are less confident in retirement, KPMG poll finds
Canadians with professional financial plans are more confident about their finances, while the technology vs. human advisor divide is stark between generations TORONTO, ON–While economic uncertainty has increased Canadians’ concerns about their finances, a new report from KPMG in Canada shows that those who have a professional financial plan are …
Cyber Resilience for the Financial Sector: Solutions for Current and Emerging Challenges
By Ruchir Kumar A recent ISA Cybersecurity survey revealed that 76 percent of Canadians polled are concerned about their financial institution’s ability to maintain the security of their personal information. Their concerns aren’t unfounded: 32 percent of financial services organizations in 2023 global survey on the state of security reported …
Finding Growth Opportunities in Canada’s High Inflation, Low Growth Economy
By Stephen Johnston As Canada confronts the dual challenges of high inflation and low growth, the specter of stagflation looms large. Stagflation, which refers to below-trend economic growth combined with above-trend inflation, erodes real GDP per capita and poses significant challenges for investors. The current macroeconomic and regulatory environment in …
Interac survey reveals newcomers lose financial confidence after arrival in Canada
Decreased confidence underscores urgency for effective resources TORONTO, ON–Newcomers are experiencing challenges with their financial confidence. A recent survey by Interac Corp. reveals that starting a new life in Canada can cause a significant drop in financial confidence for newcomers. While a majority (61 per cent) of newcomers surveyed felt …
ISO20022: HOW CANADA CAN BANK ON EUROPE’S SUCCESS
by Sandrine Garin, CPO at Intix After several false starts, Canada finally appears to be on the path towards the widespread adoption of ISO 20022, the international standard for electronic data interchange in financial services. At the time of writing, Canadian businesses are in the midst of embracing this standard …
Overall financial health of Canadian DB pension plans remains strong: Mercer
TORONTO, ON–The financial health of Canadian defined benefit (DB) plans was volatile in the second quarter of 2024, with plans’ overall funded positions at the end of the quarter in a position similar to that at the beginning of the quarter. The Mercer Pension Health Pulse (MPHP), a measure that …