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The Weekly Review, August 3 to 7, 2026 - Statistics Canada

The Weekly Review, August 3 to 7, 2026 - Statistics Canada

Employment increased by 75,000 (+0.4%) in July and the employment rate rose 0.1 percentage points to 60.9%. The unemployment rate declined 0.1 percentage points to 6.4%, the lowest rate since July 2024.
National Day for Truth and Reconciliation

National Day for Truth and Reconciliation

Today is National Day for Truth and Reconciliation, a time to honour residential school Survivors, their families, and the children who never returned home. It is also a time to reflect on truth and reconciliation as an ongoing journey that we share.

At Sun Life, reconciliation starts with understanding and continues with our actions and commitments that extend beyond September 30. Today and every day, Indigenous perspectives and ways of knowing continue to inform how we deliver on our Purpose and strengthen relationships that are grounded in trust, respect and mutual accountability.

If you’re a survivor or family member of someone that attended residential school or day school and need support, the National Residential School Crisis line is available 24/7 at 1-866-925-4419.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week: Smith-Ford event Alberta Premier Danielle Smith and Ontario Premier Doug Ford will be at an event in Calgary talking about Canada’s economic future on Monday.
TSX rises 1.5% amid basic materials gains, U.S. stock markets also higher

TSX rises 1.5% amid basic materials gains, U.S. stock markets also higher

Canada’s main stock index rose 1.5 per cent Thursday, helped by gains in materials and technology stocks, as U.S. markets also gained ground.
Registered retirement savings plan (RRSP)—the facts | Manulife Investments

Registered retirement savings plan (RRSP)—the facts | Manulife Investments

Access helpful resources on financial knowledge developed by professionals in the industry.
https://www.manulifeim.com/retail/ca/en/viewpoints/retirement-planning/registered-retirement-savings-plans-rrsp-the-facts

The opinions expressed in this article are of the fund company that owns this content and do not constitute professional advice or recommendation. Please seek advice from a qualified professional, including a thorough examination of your specific legal, accounting and tax situation.
Gen Z life insurance coverage nearly doubles: survey

Gen Z life insurance coverage nearly doubles: survey

More young Canadians are recognizing the importance of financial protection.

A recent survey found life insurance coverage among Gen Z Canadians increased from 30% to 58% in just one year. As more Canadians reach milestones like homeownership, starting a family and building their future, conversations about protecting what matters most are becoming a priority. https://www.investmentexecutive.com/news/gen-z-life-insurance-coverage-nearly-doubles-survey/

If you've experienced a major life change recently, now may be a good time to review your financial strategy and make sure it reflects your goals and the people who count on you. Get in touch to chat.
Health insurance and retirement planning

Health insurance and retirement planning

Retirement planning is about more than replacing income. Many Canadians are surprised to learn that expenses such as dental care, vision care, hearing aids, prescription drugs and home care may not be fully covered in retirement.

As Canadians live longer, planning for future health-care costs is becoming an important part of building a retirement strategy that can stand the test of time.

Have you considered how health-related expenses may fit into your retirement plan?

https://www.investmentexecutive.com/news/product/health-insurance-and-retirement-planning-2/?oly_enc_id=9907H7411278F4D
Bank of Canada Expected to Remain On Hold as Trade Conflict With U.S. Escalates

Bank of Canada Expected to Remain On Hold as Trade Conflict With U.S. Escalates

OTTAWA --The Bank of Canada is widely expected to keep its main interest rate unchanged on Wednesday as policymakers assess the fallout from a stark deterioration in Ottawa-Washington trade ties.
Private savings are key to improving Canada’s retirement income system | Investment Executive

Private savings are key to improving Canada’s retirement income system | Investment Executive

Retirement income is about more than government benefits and workplace pensions. As Canadians live longer and face rising costs, personal savings are becoming an increasingly important part of the retirement picture.

This article explores why modernizing retirement policies and encouraging private savings could help strengthen Canadians' financial future.
Rewriting the Rules of Aging, One Run at a Time

Rewriting the Rules of Aging, One Run at a Time

Ellen Demsky picked up running in her 60s. Now 84, she’s still going—and showing others how to thrive mentally and physically.
Financial planning with diabetes: What an advisor can do (and why it's worth the conversation)

Financial planning with diabetes: What an advisor can do (and why it's worth the conversation)

Living with diabetes means planning for more than just today. A trusted advisor can help bring clarity and confidence to your finances, so you can focus on what matters most. Learn how thoughtful planning can support your long-term goals: https://www.sunlife.ca/en/content/financial-confidence-and-diabetes-how-an-advisor-can-help/

https://advisor.sunlife.ca/christine.deiulis/

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We are contracted with Sun Life Financial Distributors (Canada) Inc., a member of the Sun Life group of companies. Mutual funds distributed by Sun Life Financial Investment Services (Canada) Inc.