Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Future earnings matter because they determine the present value of a company. The challenge—and the source of volatility—comes from predicting those future earnings. Investor opinions on the outlook can change daily and meaningfully. Near-term earnings expectations are typically anchored in the previous […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Canadian housing issues remain Affordability requires sustained gains in housing starts The Canada Mortgage and Housing Corporation announced that housing starts jumped 10.9% to 282,439 units (seasonally adjusted annual rate – SAAR) […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management 2025 was far from peaceful, marked by on-going war between Russia and Ukraine and trade wars initiated by America that disrupted countries, industries, and companies worldwide. After months of negotiations, several nations […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Canadian inflation stabilizes – for now Carbon tax issues still pose an inflationary risk Canada’s federal government temporarily cut the carbon tax on consumers to zero in April of 2025. The effects […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Interest rates begin to fall again Canadian economy looks for support from lower interest rates The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management AI’s Second Act and How to Capitalize on It Humans have been worried about robots replacing them for over four decades. Until recently, the closest invention resembling a robot, the personal computer, boosted productivity but still relied heavily on human […]
Alfred Lam, MBA, CFA, Senior Vice-President & Chief Investment Officer, CI GAM | Multi-Asset Management Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy, CI Assante Wealth Management Canada’s distorted jobs data The latest figures from Statistics Canada revealed that overall employment plunged by 40,800 in July. However, these job losses come on the heels of […]
By Alfred Lam, CFA, Senior Vice-President, and Chief Investment Officer, CI GAM Multi-Asset Management and Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy of CI Assante Wealth Management. Canada–U.S. investment gap widens Domestic investment falls again Updated figures from Statistics Canada revealed that, while the broader economy expanded by 2.2% (annualized) during the first quarter of 2025, […]
Economy contracts on per-person basis Statistics Canada announced that, on a monthly basis, real gross domestic product (GDP) by industry contracted by less than 0.1% in August. This follows weak results for both of the previous two months and left annual growth at a lethargic 1.3%. Perhaps not surprisingly, the public sector experienced a 2.9% […]
Canadian inflation continues to ease, offering a glimmer of relief for consumers and policymakers alike. CPI well within the Bank of Canada’s target band The latest data from Statistics Canada revealed that its consumer price index was unchanged (seasonally adjusted) in September, following a 0.1% advance in August. The monthly slowdown allowed inflation’s annual growth […]
