Inflation accelerated on energy. Core held just above 2%. The BoC said it would look through the shock. That position is getting harder to maintain as the Hormuz closure drags into its fourth month.

BMO and Scotiabank beat estimates this morning. The wealth management surge inside those results is a planning signal, not just a market story.

When markets fall hard on geopolitical shock, investors withdraw from TFSAs to move to safety. The recontribution mistake is the predictable next step, and it costs them in ways they never see coming.

April CPI hit 2.8% on war-premium energy costs, yet core inflation fell to a five-year low. The Iran MOU may resolve the contradiction -- but it creates a new one for the Bank of Canada ahead of June 10.

A ceasefire framework that could reopen the strait within 60 days changes the math for clients sitting on war-premium gains in energy and gold. The planning window is narrower than it looks.

When geopolitical relief rallies arrive, investors sell their winners and hold their losers. The research explains why, and what it costs.

WTI's 5% peace deal drop hits energy -- 17% of the TSX -- but hands a tailwind to financials, consumer, and rate-sensitives. Whether the index holds near its all-time high depends on which side of that trade wins Monday. Bank earnings this week are the next catalyst.

WTI's 5% decline on peace deal headlines shifts the Bank of Canada's June 10 decision framework -- but only if the drop holds. Macklem's April 29 baseline assumed Brent at $90 in Q2. That assumption is now being tested in real time.

WTI's 5% drop on Iran peace deal news creates a specific and immediate planning conversation for clients holding appreciated Canadian energy positions outside registered accounts. The tax math is real. The account location decision matters more than whether to hold or sell.

When peace deal headlines send oil prices down 5%, investors with energy gains face a specific cognitive trap. The same bias that made them hold losers too long now makes them lock in winners too early.

The TSX gained 248 points Thursday on ceasefire optimism and easing Treasury yields. Friday morning opens flat as Brent pulls back to $104.52 on the same optimism. The pattern has now repeated three times in six weeks, and the market is pricing resolution that the physical supply data keeps contradicting.

Statistics Canada releases March retail trade data today. The advance estimate called for a 0.6% gain. Whatever the actual print, it lands inside a monetary policy environment where the Bank of Canada is watching consumer spending data with unusual attention.

Canadian energy names have surged 40% or more since March. Clients sitting on those gains outside registered accounts face a decision with real tax consequences. The planning window is open now, and most advisors haven't started the conversation.

The TSX gained 1.25% Tuesday, but the sector split was the signal: financials up 1.85%, energy down 2.34%. The market is not betting on prolonged disruption. It is pricing a resolution.

Iran is reviewing a U.S. peace proposal. The UAE pipeline bypass is 50% built. ADNOC's CEO says normalization takes four months minimum even if conflict ends today. For Canadian energy investors, the question is no longer if the strait reopens but what the price floor looks like when it does.

Canada's April CPI came in at 2.8%, below the consensus of 3.1%. The more consequential number was buried underneath it: core inflation fell to a five-year low. That split creates an unusually difficult June 10 decision for the Bank of Canada.