Market Update

Current market updates suggest that the war in Iran and disruptions around the Strait of Hormuz have become among the largest risks facing markets. The conflict has increased uncertainty across the globe and widened the range of potential outcomes for both the economy and financial markets. It’s safe to say we’ve all noticed the rise in the cost of living, particularly in gas prices. This has become a concern for many, especially as we enter summer, when travel becomes more prevalent. 

That being said, despite ongoing geopolitical tensions, we continue to see the global economy grow in 2026. The spring market outlook highlighted economic resilience, supported by continued AI-related investment, improving business activity, and easing monetary policy compared to previous years. 

Last month, there was an emphasis on market earnings remaining relatively strong and the economy holding up better than many expected, even amid market volatility and tariff concerns. Which, given the current geopolitical tensions, feels like encouraging news as we move into the summer. 

For investors with balanced portfolios, bonds are once again playing a meaningful role as both an income source and a diversification tool. Overall, the recent market updates suggest: 

• Economic growth is slowing but remains positive
• Corporate earnings remain reasonably healthy
• Equities continue to offer long-term opportunities
• Bonds are becoming increasingly appealing because of higher yields
• Diversification remains critical as uncertainty around inflation, interest rates, and global politics persists

It’s important to remember that markets have historically demonstrated the ability to adapt to geopolitical events over time. While headlines can create short-term volatility and fear, long-term investment returns are usually driven by things such as corporate earnings, economic growth, innovation, and productivity. This is why maintaining perspective and staying focused on your long-term financial plan remains so important. 

June Considerations

We’re now officially halfway through 2026, and that means it’s the perfect time to check in on the financial plans and goals we set at the beginning of the year. After braving our cold Canadian winter, summer spending typically increases for Canadians, whether through travel, cottages, events or family activities.

It’s important to keep future financial goals in mind as we navigate summer spending, since lifestyle creep in the warmer months can happen quite easily. With the right plan in place and allocating funds towards events we know are coming up over the next few months, we can make sure we’re doing what we can to avoid future debt from summer expenses. 

It’s a delicate balance, wanting to enjoy life now while also recognizing the importance of your future financial goals. This internal push and pull is becoming more prevalent amongst Canadians as the costs of goods and services continue to rise, bringing us to our next topic of discussion: one of the biggest emerging trends amongst families right now. 

More than ever, parents feel the desire to give to their children or families while they’re still alive, rather than waiting until they're gone. With current housing prices, more families are trying to help their children by providing financial support. 

For many, the need for family wealth discussions is increasing, and with the right support, you can ensure you and your loved ones are all set up for success. 

To the same sentiment, June is also an ideal time for folks to revisit retirement goals. Recent research shows that Canadians increasingly view retirement as more complex than for previous generations, with many expecting to work longer or pursuing flexible work arrangements later in life. Rising living costs and longer life expectancies are prompting many individuals to reconsider both their retirement timelines and the amount of savings required to support their desired lifestyle. Reviewing these things before year-end can help ensure your plan continues to reflect your evolving goals and circumstances.

All of these points that many consider or revisit in June make the theme of our upcoming event very timely.

Virtual Event

Aging Well: The Financial and Practical Realities

Thursday, June 25, 2026: 12PM - 12:30PM

Aging well is often framed as a health conversation. But the financial decisions behind it quietly shape how much choice, flexibility, and control you actually have over time.

Because for most people, the goal isn't just to be cared for. It's to stay independent for as long as possible, to protect their lifestyle, and to ensure their wishes are understood and respected if things change.

The reality is, this stage of life doesn't look the same from year to year, as needs shift, support evolves, and the decisions made earlier often determine how smoothly those transitions unfold.

In this session, we'll take a practical look at what aging well really means from a planning perspective. How needs tend to change over time. What care can cost, and how those costs are typically managed. How to structure your finances so they remain flexible and accessible when you need them most.

We'll also walk through the decisions that are often left too late, including powers of attorney, who steps in when you can't make decisions, and how to build a circle of support that can actually carry out your wishes when it matters.

This isn't about predicting exactly what will happen. It's about making sure you have the right structures in place so that, no matter how life evolves, you remain in control of the decisions that shape it.

You'll leave with a clearer understanding of where you're prepared, where there may be gaps, and how to start thinking about this stage of life in a way that feels thoughtful, steady, and grounded in real-life considerations.

Register today

A Final Note

During times of uncertainty across the globe it can often feel like not much is within our control. Having the right people and support in your corner can help you feel more in control of your personal decisions and finances, even in the face of news headlines and ever-evolving markets. 

Chantal

Chantal McNeily, CIM, BACS | Investment and Wealth Advisor, RBC Wealth Management | RBC Dominion Securities | T. 705-734-4409 | C. 705-794-5197 | 11 Victoria St., Suite 100, Barrie ON, L4N 6T2 | www.chantalmcneily.com