Peter Berezin told an audience of financial analysts at a CFA Toronto event this week that the U.S. is headed into recession, and said that it will spread north. He pointed to unemployment, spending, as well as fiscal and monetary policy.

“Most financial advisors would agree that going into retirement without debt is ideal,” writes columnist Stephanie Holmes-Winton. Sometimes, though, they need to — five scenarios.

The Canadian Institute of Financial Planning (CIFP) and FP Canada have resolved their differences over the Chartered Financial Planner designation. CIFP dropped its $1.2-million lawsuit filed against FP Canada this week.

Abdi Aidid warned an FP Canada audience that artificial intelligence can expose advisors and their clients to privacy risk. And large-language models like ChatGPT can’t be trusted as research tools.