News of the day: Buying in on Canada, big banks hike fixed rates, financial sector spending promises, household wealth record, early inheritance and more


Canadian household wealth eclipsed the $19 trillion mark for the first time in the second quarter of 2026, driven by the rally in equity markets. Households added $550 billion to their collective wealth, a 2.9 per cent jump from the first quarter of the year, to hit $19.4 trillion, according to Statistics Canada’s latest national balance sheet, released Friday.



Source link

  • Related Posts

    Canadian Armed Forces contract could boost this TSX drone maker 59%, says analyst

    Shares of Volatus Aerospace Inc. got a 26 per cent boost this week after the company won its first order from the Canadian Defence Drone Initiative. (Credit: Michelle Berg/Saskatoon StarPhoenix…

    Continue reading
    Total of 131 candidates registered for Vancouver election

    OneCity’s Iona Bonamis, Christopher Lee want English and Chinese names on ballot The City of Vancouver says 131 candidates had registered by Friday’s deadline to run for the positions of…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    PlayStation reportedly dumped Hideo Kojima spy action game Physint over exceeded budgets, missed deadlines, and Death Stranding sales

    PlayStation reportedly dumped Hideo Kojima spy action game Physint over exceeded budgets, missed deadlines, and Death Stranding sales

    Canadian Armed Forces contract could boost this TSX drone maker 59%, says analyst

    Canadian Armed Forces contract could boost this TSX drone maker 59%, says analyst

    County DIV2 2026, DER vs KEN 45th Match Match Report, September 08 – 11, 2026

    County DIV2 2026, DER vs KEN 45th Match Match Report, September 08 – 11, 2026

    How 9/11 Made Everyone a Conspiracy Theorist

    How 9/11 Made Everyone a Conspiracy Theorist

    WATCH: America marks 25 years since 9|11

    WATCH:  America marks 25 years since 9|11

    The Shoe Trend to Wear With Frayed-Hem Jeans

    The Shoe Trend to Wear With Frayed-Hem Jeans