Governor Macklem has attached explicit oil-price conditionality to the next rate move, while markets are pricing almost none of it.

Margin compression from the new tariff schedule can depress private company valuations just long enough to make an estate freeze, and the prescribed rate loan that often funds it, worth revisiting before September 8.

Barber and Odean’s research on attention-driven buying explains why gold’s surge past $4,650 and retreat below $4,370 is landing hardest on investors who bought the headline, not the asset.

The GoC 10-year hit its highest close since early August as a worldwide sovereign selloff overwhelmed a 2.6% oil rally, weakening the loonie and the TSX the day before Wednesday's rate decision.

Oil-linked strength wasn't enough to save Monday's session, and futures point to more pressure Tuesday as the Strait of Hormuz conflict resumes and US rate-hike odds climb.

Monday's tanker attacks and the first direct US-Iran exchange in a month reopen a risk premium markets spent August pricing away. The mechanism runs straight through Canadian energy, the loonie, and tomorrow's Bank of Canada decision.

July CPI came in at 3.0%, above target and rising, while an escalating trade war argues for cuts. Wednesday's decision resolves nothing; it just picks which risk the Bank tolerates longer.

The family-loan rate has been flat since Q3 2025, but the corporate pertinent-loan rate has kept climbing, a gap advisors structuring income-splitting loans need to see.

New retirement research shows younger investors abandon markets at the highest rate, just as a fresh Hormuz escalation tests every portfolio's nerve.

Gold miners lifted the TSX 2.7% and eight record closes while Brent finished the month 0.4% higher after a US$15 round trip. Financials and utilities fell, Canadian yields rose with no Bank of Canada decision, and a hawkish Federal Reserve chair helped take 4.6% off gold from its August 24 peak.

Gold fell as the U.S. and Iran exchanged strikes over the Strait of Hormuz on Monday, a break from precedent that says rate expectations, not geopolitics, are now driving cross-asset pricing into the Bank of Canada's Wednesday decision.

Friday's close at 36,553.92 marked a third straight down session from the August 25 record. Monday's session opens with oil up more than 3% on the weekend's Iran-US exchange, a direct reversal of what pulled energy names lower Friday.

WTI jumped over 3% Monday after the first American strike on Iranian territory in a month. Gold barely moved. That gap tells Canadian portfolios exactly what kind of shock this is, and what it is not.

A hold at 2.25% is the consensus call for September 2. The weekend's US-Iran exchange revives the same energy-price mechanism that pushed headline inflation to a war-era peak in May.

Family income-splitting loans locked in now keep their rate for life, even as Government of Canada yields climb toward levels that could push the prescribed rate higher as soon as January.

The weekend's first US-Iran military exchange in a month caught portfolios positioned for calm. Kahneman and Tversky mapped exactly why quiet weeks make the next shock feel unprecedented.