June 2025 Market Update from Canada Life Investment Management

Canada’s household spending waning
With core retail sales declining and exports to the U.S. plunging, Canada’s economic momentum may be fading. This is a trend advisors will want to watch closely.

U.S.-China trade deal framework reached
A tentative U.S.-China trade deal has markets reacting positively, but the details – including persistent tariffs and shifting supply chains – warrant a closer look.

The U.S. Federal Reserve Board is carefully monitoring inflation
As the Fed holds rates steady, the U.S. dollar remains sensitive to shifting expectations. This is a key consideration for advisors managing currency exposure in global portfolios.

Oil prices see wide swings
After a volatile month driven by supply concerns and trade developments, oil prices ended relatively stable in June. The energy sector saw some gains as a result.