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Beyond the Monday Musings: Week ending August 27

Au-delà des réflexions du lundi : Semaine se terminant le 27 août

Industry news

  • Markets Stay Strong Despite Chaotic Headlines: Q2 results show Canadian and U.S. markets remain resilient, led by gains in tech, communications, and real estate sectors.independentdealers
  • CSA 2024-2025 Year in Review Highlights Enforcement & Crypto: The Canadian Securities Administrators issued over 1,000 investor alerts (mainly crypto-related), banned 54 entities or individuals, and released nearly 60 regulatory policy updates.independentdealers
  • CIRO Proposes Amendments for Mutual Fund Dealer Disgorgement: The Canadian Investment Regulatory Organization published proposed amendments allowing panels to order disgorgement for breaches of rules, now open for comment until September 22, 2025.bcsc
  • BMO Announces August 2025 Distributions for ETFs & Mutual Funds: New distributions confirmed for all BMO ETFs and ETF series of mutual funds.independentdealers
  • Private Capital Fundraising Surges in Canada: Robust private fund activity signals strong deal flow and ongoing investor demand.independentdealers
  • Fintech & AI Innovations Rise: Canadian fintech firms are tracking toward profitability. Advisor-facing AI tools, like those from FNZ, are automating compliance and risk management.independentdealers
  • New Blanket Orders Ease Capital Raising Rules: Recent orders simplify access to capital and reinvestment for individual investors.independentdealers
  • Recruitment: Dealer Startups Face Uphill Battle: New entrants such as Fidelity Wealth ULC and Sun Life Canada Securities are recruiting experienced advisors and encouraging internal mutual fund advisors to seek securities licensing.independentdealers
  • Advisor Recruitment Focuses on Demographics & Diversity: Firms like IG Wealth Management promote programs to attract women advisors and manage the retirement wave of 16,000 advisors over the next decade.independentdealers
  • ETF and Mutual Fund Innovation: ETF assets under management in Canada surpass $600B, with new product launches for diversification and cost savings.independentdealers
  • Canadian Investment Fund Sector Remains Systemically Important: Technical notes from the IMF and regulatory reviews underscore the dominance and ongoing relevance of mutual and exchange-traded funds in the Canadian landscape.imf
  • Market Volatility, Strong Q2 Earnings and Sector Divergences: The wealth management industry navigates volatility, geopolitical risks, and strong Q2 earnings, with sector-specific strategies.rbcwealthmanagement
  • Government Unveils Draft Legislation with Tax and Crypto Rules: Expands eligible small business shares, introduces $10M capital gains exemption for select sales, implements OECD Crypto-Asset Reporting Framework, and enhances CRA audit powers.canada
  • OSFI to Release New Regulatory Guidance: Upcoming policy guidance from the Office of the Superintendent of Financial Institutions (OSFI) will address capital, model risk management, and climate-related financial resilience.osfi-bsif
  • Real Estate and Infrastructure Remain Attractive: M&A activity and institutional investment strengthen Canadian REITs and infrastructure—sectors benefiting from population growth, housing demand, and energy innovation.middlefield
  • Employment and Inflation Trends: Unemployment at 6.9%, inflation at 1.9%; Bank of Canada holds rate at 2.75% amid policy speculation.independentdealers
  • Energy Infrastructure Firms Exceed Q2 Expectations: Canadian firms like Enbridge and Capital Power expand in North America, driving job creation and long-term revenue for investors.middlefield
  • Dealerships Face Compliance and Technology Pressures: New regulatory expectations, demand for advisor upskilling, and integration of fintech solutions raise pressure for competitive adaptation and compliance assurance.investmentexecutive+1
  • ESG and Diversification Drive Product Innovation: Demand for sustainable investing and thematic ETF products continues to rise in the Canadian market.independentdealers
  • New Focus on Diversity and Succession Planning: Business development and diversity initiatives are prioritized to replenish the advisor workforce and reflect shifting client demographics.independentdealers

Actualités de l'industrie

in News
Beyond the Monday Musings: Week ending August 20
Au-delà des réflexions du lundi : Semaine se terminant le 20 août