Markets are adjusting to a new regime where persistent government borrowing, not just central bank policy, is keeping interest rates structurally higher, reshaping both asset valuations and income opportunities. At the same time, geopolitical tensions particularly in energy-sensitive regions like the Middle East, remain a key transmission channel into inflation and interest rate expectations, reinforcing macro uncertainty. Against this backdrop, global equity leadership is beginning to broaden, with improving fundamentals and more attractive valuations outside the U.S. creating a stronger case for diversified portfolios.
Remembrance Day closure
Our branches will be closed on November 11 to observe Remembrance Day. Our Member Service Centre, Member Solutions Team and Personal Assisted Teller services will be available from 8 a.m. to 5 p.m. should you need any assistance. Online and mobile banking will be available.