Canada's capital gains inclusion rate is 66.67% for corporate accounts and for individual gains above $250,000, effective January 1, 2026. With markets elevated and a volatile summer ahead, the review conversation is overdue.

Canada shed 18,000 jobs in April, unemployment rose to 6.9%, and oil is caught between a fragile Hormuz ceasefire and UAE supply math. The TSX opened lower.

A 14-point US-Iran memorandum of understanding is taking shape, with Iranian responses expected imminently. The deal's structure, not its signing, is now the variable that matters for Canadian energy and bond holders.

Canada has now lost 112,000 jobs since January, almost entirely full-time. The Bank of Canada meets June 10 with inflation running above target and a labour market that is softening faster than anyone expected.

Oil's surge since late February has generated significant unrealized capital gains in non-registered accounts. With the 50% inclusion rate confirmed for 2026 and a Hormuz resolution potentially on the horizon, the window for managing those gains is narrowing.

The vivid imagery of a closed strait, $110 oil, and 30% higher gas prices has activated a well-documented cognitive bias. Kahneman and Tversky's availability heuristic is producing exactly the portfolio distortions advisors should expect, and address.

Washington and Tehran are reportedly within 48 hours of agreeing on a preliminary memorandum of understanding. What it would and would not resolve, and what it means for the oil price in every Canadian portfolio.

The BoC held at 2.25% and said both cuts and hikes remain on the table. That is not a hedge. It is a precise description of the most difficult monetary policy environment in a generation.

Statistics Canada releases April employment data tomorrow. With the BoC holding at 2.25% and a wave of mortgage renewals hitting at rates far above what borrowers locked in, the jobs number matters more than usual.

S&P 500 +3.6%, Nasdaq +4.7%, Dow +3%. Best weekly gain since November, snapping a five-week losing streak. S&P closed Friday at 6,816.89, Nasdaq at 22,902.89, Dow at 47,916.57.

The Conservative ask is on the table. Federal Conservatives are calling on Ottawa to return some of the excise revenue collected during the Iran oil spike, economists are split on whether a tax cut is

Statistics Canada reported a modest March rebound in the Labour Force Survey released at 8:30 AM this morning, ending a two-month run of job losses to start the year

The surprise ceasefire is now 48 hours old. President Trump announced a two-week ceasefire with Iran on Wednesday, conditional on an immediate and safe reopening of the Strait of Hormuz

The TSX closed Thursday at 33,477, down 0.42% on the session as the energy sector unwound while financials caught a bid on the prospect of a more cautious BoC

The Bank of Canada holds at 2.25% on April 29 -- near certainty. Markets price the probability of no change at 96.5%. The more consequential question is what the accompanying Monetary Policy Report si

Canada entered the Iran crisis with an already-softening economy. The BoC's March statement noted employment gains from Q4 2025 were largely reversed in the first two months of 2026, with unemployment