Kom vanderMaden Advisory Group

 

Wealth Watch

July 2026

 

S&P/TSX COMP	S&P 500	NASDAQ	MSCI EUROPE	NIKKEI 225	RUSSELL 2000
1.06%	-0.13%	-3.20%	1.54%	-8.13%	-3.07%

Source: Monthly index performance to July 31, 2026 per yahoo!finance

 

 

The Endurance Economy

 

This article argues that Canada has not entered a typical economic recovery in 2026, but is instead moving through a prolonged period of adjustment shaped by structural pressures. It explains how affordability concerns, cautious consumer behaviour, and widening differences across income groups, generations, and regions are redefining the economic experience for Canadians. The piece also shows how businesses, policymakers, and households are adapting to a new reality in which resilience matters more than a return to pre-existing norms. Framed through Ipsos’ “Endurance Economy” concept, the article suggests that sustained adaptation, rather than recovery, has become Canada’s new baseline.

Canada's Endurance Economy

 

 

Canadian Housing Market Outlook

 

This article examines Canada’s 2026 housing outlook, highlighting a weaker-than-expected market shaped by cautious buyers, slow population growth, high mortgage rates, and limited income gains. It argues that while housing demand should gradually recover in 2027 and 2028, sales and prices are likely to remain subdued compared with historical norms. The piece also emphasizes sharp regional differences, with Prairie and Quebec markets showing more resilience while Ontario and British Columbia continue to face greater pressure. Beyond ownership markets, the article also explores slowing construction, easing rental conditions, and the downside risks that could keep the housing sector under strain for longer.

CMHC Forecast

 

 

The 2026 IPO Boom is About to Broaden

 

Justin Kotzin explores how the IPO recovery may move beyond headline-grabbing mega-deals to create broader opportunities for mid-cap issuers, additional sectors, and more markets. It argues that strong investor appetite, healthy global pipelines, and solid aftermarket performance are helping reopen the IPO window, while pricing discipline and sector breadth will determine how durable that momentum becomes. The piece also outlines the main forces shaping the next stage of the market, including diversification, valuation discounts, expanding investor interest, and the risks that could disrupt the comeback.

 

IPO Comeback Takes Shape

 

 

2026 FIFA World Cup – That’s a Wrap

 

Although Canada’s team did not make the July 19 final, they gave fans plenty to celebrate and helped raise the profile of Canadian soccer. Judging by the crowds in and around the stadiums in Toronto and Vancouver, the 2026 World Cup was a major success. This short, two-minute video offers a glimpse into Toronto’s experience hosting this world-class event and what it meant for the city.

 

Toronto Wraps up FIFA World Cup 2026