📊 Canadian Economic Dashboard
Indicator | Latest Value | Trend |
|---|---|---|
BoC Interest Rate | 2.75% | ↔ Holding steady |
Inflation (CPI YoY) | 1.7% | ↘ Cooling |
Core Inflation (YoY) | 3.1% | ↔ Sticky |
CAD/USD Exchange Rate | 1.3855 | ↘ Weaker CAD |
10-Year Canada Bond Yield | 3.45% | ↘ Declining |
TSX Composite Index | Flat | ↘ Slight dip |
Unemployment Rate | 6.9% | ↔ Holding |
Jobs Added/Lost (July) | -40,800 | ↘ Job losses resumed |
Retail Sales Growth (YoY) | 1.6% | ↘ Slowing |
Consumer Confidence Index | ~35.5 | ↔ Stable |
PMI (Ivey, July) | 55.8 | ↗ Yearly high |
Canadian Economic Dashboard Summary
The data shows a cooling economy: inflation is easing, interest rates are stable, and job growth has slipped again. Consumer confidence is steady but low, and the dollar has weakened—making imports more expensive. While the TSX holds flat, optimism is cautious. For everyday Canadians, this means rising household costs may continue even without official inflation, job security may feel shakier, and financial planning needs to emphasize consistency and liquidity
Financial Insights of the Week
1. Government Moves to End Air Canada Strike
A federal intervention has mandated an end to the strike by Air Canada flight attendants, which had grounded nearly 700 daily flights and impacted over 100,000 passengers. Binding arbitration was ordered to restore operations quickly.
What this means to you:
Improved travel reliability helps ease personal planning pressures. But when operators can't control schedules, your peace of mind remains in transit. There will likely be long term knock off effects on travel for the foreseeable future.
The Infinite View:
Flying in Canada is expensive and it is incredibly frustrating when things change that are outside of your control. That feeling of helplessness coupled with the stress of changing plans and additional costs are horrible. When air carriers change the rules, you usually end up with the bill. Having a financial system that can carry that cost can make all the difference. If you control the debt, you control the terms of its repayment. Minimize the stress that accompanies being at the whim of others by at least controlling your financial system.
2. Canadian Dollar Falls on Cooling Inflation
As headline inflation dipped to 1.7% and core inflation softened to 2.4%, markets shifted expectations toward rate cuts—sending the Loonie to its lowest level in nearly three weeks (~C$1.3855 per USD).
What this means to you:
Import prices inch higher, U.S. investments cost more, and remittance value slips—cutting into buying power.
The Infinite View:
The Canadian economy is still largely reliant on its US partner and will take time to become more independent. The worst position to be in is one where you don’t have enough control to choose when to use your money. Having a financial system that you control allows you to create a buffer. Instead of being in a situation where you must spend when the dollar is weakest, you have the option to hold debts until conditions are more favourable. When you don’t wait for currency swings to rebound—your wealth doesn’t hinge on timing.
3. TSX Poised for 2.3% Year-End Rise
Analysts expect Canada’s TSX could rise 2.3% by year-end, driven by tariff clarity and potential rate cuts—despite near-term macro uncertainty.
What this means to you:
A boost in market returns might tempt reactive investments—but the gains may not last, and timing them can cost you.
The Infinite View:
Investments by definition carry risk. You can take advantage of rising market opportunities while minimizing the risk by controlling where your investment funds come from. If taken from a personal banking system, you can take a loan out from your own system and invest with confidence. Your original capital continues to grow inside your system, faster than the simple interest can accrue, which gives you the flexibility, confidence and control to cash in your investment on your terms. When your system is steady, “market opportunity” doesn’t trigger anxiety. You can lean into structural gains built within your plan—not just those amplified by headline hope.
A Practitioner’s Perspective
Assets Vs Liabilities - It’s All About Perspective
Conventional advice says: “Live below your means, avoid debt, and invest for the future.” Solid advice, but it’s only part of the picture.
Think of it this way:
Assets = put money in your pocket
Liabilities = take money out of your pocket
Now, compare you to a bank:
For you, assets are things like your savings, investments, and cash. Your liabilities are your car loan, mortgage, and line of credit.
For a bank, it’s the opposite. Your car loan, mortgage, and line of credit are their assets. Your savings, investments, and cash on deposit are their liabilities.
Your liabilities are the bank’s assets — because your expenses are their profits.
Here’s the shift in perspective:
Everyone in Canada uses a bank, which means their money flows through the banking system for both their assets and liabilities. But what if you could build your own personal banking system?
If you owned the system, your liabilities would now become assets that generate profit for you. The same interest that banks collect to grow their wealth could be flowing back into your own financial system. You also retain control over your liabilities because you control the banking system. Control = repayment on your terms, your schedule, not someone else’s.
Your habits don’t need to change, your perspective does. The real question is:
Should your money flowing through someone else’s system, where they control and profit? Or through your own system, where you control and profit?
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