Saunders Wealth Advisory Group

10/25/2026

In this week’s Week Ahead, Avery Shenfeld looks at the unusual policy split taking shape, with markets expecting the Fed to pause while the Bank of Canada leans toward another hike.

He argues that U.S. inflation may still warrant tighter policy, while in Canada, softer core inflation and growing economic uncertainty suggest there may be more value in waiting.

10/23/2026

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 Risk aversion returned to financial markets this week as investors reassessed elevated equity valuations, the outlook for corporate earnings, and the growing economic implications of geopolitical tensions. Technology stocks led the decline, while government bonds benefited from renewed

10/23/2026

Many Canadians have felt the impact of higher food prices over the past few years, and this article looks at why some of that pressure may continue into the winter months. It’s a useful reminder of how broader economic trends can affect household spending.

Read more: https://bit.ly/4sF9UJz

Food experts and economists expect the global run-up in diesel prices will have consumers bracing for a tough winter at the grocery store.

10/23/2026

A new report from the Canada Mortgage and Housing Corporation (CMHC) found that Canadian home prices have climbed faster than in most peer countries. The CMHC found this was largely because housing supply has not kept pace with demand.

Near the onset of the COVID-19 pandemic, population growth and low interest rates boosted demand, which, combined with low supply, sent home prices soaring.

10/22/2026

US housing data released this week point to a market under strain. Home buyers and builders both pulled back as mortgage rates stay near their highest levels in years. Combined with elevated home prices and weaker consumer confidence amid economic uncertainty, buyers are remaining on the sidelines.

Mortgage applications continued to fall, which might keep US real estate market activity contained in the months ahead.

10/21/2026

Canada’s latest employment data highlights some softening in the labour market, an important signal for investors and families making financial decisions in a changing rate environment. Understanding how economic data may influence markets and policy can help keep long-term plans on track.

Read more: https://bit.ly/4k9EMPO

Canada’s economy stunned widespread expectations to post a massive job loss in September and the unemployment rate edged up, data showed on Friday, effectively wiping off all the gains in jobs seen this year.

10/21/2026

China's economy grew faster than expected in the third quarter of 2026, with strength in exports and factories masking weak consumer spending at home. Soft domestic demand and a weak property market have weighed on China’s economy over the last few years. Along with stimulus measures from China’s government, the People's Bank of China (PBOC) has left its policy interest rates at their lowest level ever to help support the economy and boost domestic demand.

10/20/2026

Statistics Canada (StatCan) released its Consumer Price Index report for September today. Headline inflation ticked higher on rising gasoline prices, but underlying price pressures cooled off.

This is the last inflation report from StatsCan before the Bank of Canada’s (BoC) next interest rate decision at the end of October. The BoC will need to weigh elevated inflationary pressures against slower economic activity and ongoing risks from trade and geopolitical tensions.

10/19/2026

Last week, it was reported that the US inflation rate accelerated in September, which raised bets the US Federal Reserve Board (Fed) may raise interest rates again. This week, the attention turns to Canada’s inflation rate, which will be closely analyzed so market participants can predict the next move from the Bank of Canada (BoC).

The BoC and Fed make their next interest rate announcements at the end of October. Here are this week’s key announcements.

10/18/2026

In this week’s Week Ahead, Avery Shenfeld explores the recent slide in the Canadian dollar and the challenge it poses for the Bank of Canada. While a weaker loonie can lift inflation and support export growth, he notes that the bigger issue is the widening gap between a U.S. economy buoyed by AI-driven investment and a Canadian economy that may be less able to absorb higher interest rates.