There’s more than a little connective tissue between U.S. President Donald Trump’s decision to axe Bureau of Labor Statistics (BLS) commissioner Erika McEntarfer and his criticisms of Federal Reserve Chair Jerome Powell. Both are political in the worst way. By calling into question the independence of the two agencies, the White House is signalling to global investors that its lack of respect for democratic norms extends to economic policy and governance.

That doesn’t mean investors should step back from U.S. asset markets though according to David Rosenberg, founder and president of Rosenberg Research & Associates Inc. in Toronto.

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Montreal-based PWL Capital Inc. is expanding its footprint with the acquisition of Regina’s TCM Financial Studio, a boutique advisory firm serving doctors, incorporated professionals and families with $100 million in assets under management.

Many retiring business owners face a hidden trap: double taxation on the transfer of corporate assets to heirs. Without careful planning, families can pay taxes on the same economic gain twice, eroding inheritances.

Bond managers are pointing to the belly of the yield curve as the current sweet spot for risk-adjusted returns.

A Federal Court has allowed a legal challenge to proceed over the Canada Revenue Agency’s handling of a scrapped capital gains tax hike.