The Infinite View is your weekly guide to rethinking wealth and taking control of your finances. Each edition breaks down key economic data in simple terms — then flips the script to offer a powerful alternative perspective on how to grow and use your money. It’s about clarity, control, and confidence in a system that works for you.
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📊 Canadian Economic Dashboard
Indicator | Latest Value | Trend / Notes |
|---|---|---|
BoC Interest Rate | 2.25% | ↘ Recent cut—policy easing mode confirmed |
Inflation (CPI YoY) | ~2.4% | ↗ Slight uptick—cost pressures remain |
Core Inflation (YoY) | ~3.0% | ↔ Persistent underlying inflation |
CAD / USD Exchange Rate | ~C$1.40 per USD | ↘ Loonie under pressure amidst global flows |
10-Year Canada Bond Yield | ~3.15% | ↗ Yields climbing amid inflation and global risk |
TSX Composite Index | At or near recent highs | ↗ Equity optimism persists amid mixed signals |
Unemployment Rate | ~6.9% | ↔ Labour market remains tight but not booming |
Jobs Added / Lost | +66,600 (Oct) | ↗ Strong gain—raises questions about sustainability |
Retail Sales Growth (YoY) | Slowing | ↘ Household spending under pressure |
Consumer Confidence Index | Soft / cautious | ↔ Sentiment remains subdued |
PMI (Services & Manufacturing) | Mixed—some rebound | ↗ Business activity improving selectively |
Canadian Economic Dashboard Summary
This was a week where the signals are both hopeful and shaky. The central bank has cut rates, yet inflation and core price pressures remain. The Canadian dollar hovers near C$1.40/U.S., which eats into import strength and travel budgets. Equity markets hold firm, but consumer spending and confidence lag behind. Labour data surprises on the upside, but many underlying sectors remain fragile.
💡 Financial Insight of the Week
1. Canadian Dollar Rallies on Clearing Political Noise & Trade Optimism
The Canadian dollar rose to a near-three-week high (about C$1.3980 per USD) as markets reacted positively to a smoother political outlook and recovering commodity prices.
What this means to you: A stronger loonie boosts your purchasing power for imports, overseas travel and U.S.-based investments. It can also reduce foreign-exchange risk if you hold Canadian assets.
The Infinite View: Rather than chasing currency timing, build financial tools that are resilient to currency swings—so you benefit from a strong loonie and avoid being exposed when it weakens.
2. Housing Starts Fall 17% in October, Signalling Construction Slowdown
New residential construction in Canada fell dramatically (-17% m/m) in October, driven primarily by weakness in Ontario and British Columbia.
What this means to you: A meaningful drop in housing starts suggests less construction activity ahead—potentially weighing on jobs in building trades, local economies and investment returns tied to housing.
The Infinite View: Traditional “growth” stories may falter. You reduce risk when part of your financial strategy isn’t dependent on strong housing cycles—and instead contains sources of growth that operate independently.
3. Budget 2025 Unveils C$50 B Infrastructure Fund & Economic Expansion Plan
The federal government’s recently announced budget outlines a C$50 billion infrastructure fund over the next five years, aimed at housing, transit and regional development.
What this means to you: Government-backed spending could drive demand for certain sectors (infrastructure, materials, construction) and may create investment opportunities, but also exposes you to policy risk and implementation lag.
The Infinite View: Instead of positioning purely for government-driven “opportunity,” design your system so you can opt into policy-led growth—but aren’t vulnerable if execution falls short or timelines stretch out.
A Practitioner’s Perspective
Investing in a New Landscape: Alternatives to 60/40 Stocks & Bonds
The world of finance is rapidly changing. That is no secret. Major stock indices such as the TSX or the S&P 500 are steadily making gains while economic data shows we are headed into a slight recession.
The new reality is tech companies have become so big and powerful, their overall influence on total markets is at a level never seen before. There has been much speculation over whether the markets are currently in an “AI bubble”. That is yet to be seen, but the total influence major tech companies have on the market cannot be ignored.
Just this past week it felt like Nvidia’s quarterly earnings report had the potential to single handedly send worldwide markets tumbling if they didn’t meet expected earnings. Of course, they exceeded their earnings and worldwide markets got a boost out of that.
What this means is traditional investing advice, having a portfolio of bonds and stocks, is not nearly as secure as it once was. The US lost their AAA credit earlier this year because of their rising debt. Canada, although much better off, is headed in the same direction if we keep printing money like we have been over the past decade. It is only a matter of time.
What does this mean for you and your wealth generation strategies? It’s time to learn about alternative investments available to you in a changing world, but don’t feel too different to deal with.
Exchange-Traded Funds (ETF) are investment funds that hold multiple securities and can be traded like any stock on the stock exchange. What’s really interesting about ETFs is their evolution to include non-traditional assets. There are now ETFs for cryptocurrencies, trading cards, real estate and precious metals.
ETFs allow you to have a small piece of a larger pie. You no longer have to have large quantities of liquid capital to get into these alternative markets, you can get fractional shares.
Although total market ETFs are the most popular, it is worth diversifying to include assets that are outside of the normal boom bust cycles. There is no steep learning curve for learning new technologies. They trade the exact same way on the exact same platforms you are currently using. But they give you an incredible opportunity to diversify your assets. They are definitely worth learning more about.
Until next time, stay steady, informed, and in charge.
Eric
Strategic Wealth Guide,
Endurys Wealth Solutions
[email protected]
About Endurys
Endurys Wealth Solutions helps Canadians build long-term financial confidence through the implementation of the Infinite Banking Concept, a strategic wealth systems rooted in control, liquidity, and certainty. We guide individuals and families toward a more empowered relationship with money—one that’s resilient, consistent, and completely under their control