American Banker AI Week | November 17-19, 2026

Ottawa is targeting a reduction in the non-permanent resident share of the population, from a peak of 7.6% to 5%, signalling further outflows ahead. Those temporary foreign workers and international students had previously absorbed significant rental supply across the country. Rental supply flood The timing could hardly be more consequential. That demand pullback has arrived precisely as…

Referral arrangements keep clients connected Despite the ownership transfer, both banks have secured exclusive, long-term customer referral arrangements with Moneris, ensuring continuity for existing and future business clients. Sean Amato-Gauci, RBC’s group head of commercial banking, said Moneris “has played a central role in enabling Canadian businesses to modernize and scale by connecting them with…

“Less consumption and investment can mean less property tax revenue for municipalities, less sales tax revenue for states, and less income tax revenue for states and the federal government,” said the Tax Foundation. U.S. Treasury Instability and high yields in the treasury bond market are causing tax policy makers to reevaluate fiscal decisions and revenue projections.   Processing Content “The government’s…

Shares of Rexford Industrial Realty (REXR +0.57%) are down more than 1% this year. The real estate investment trust (REIT) focuses strictly on Southern California infill industrial properties: warehouses, distribution facilities, and light manufacturing buildings located inside densely populated markets, where the land is almost fully developed. The stock is overlooked because it is a…

The widening gap between income and spending The lowest 20% of earners saw spending rise 27% between 2021 and 2025, against disposable income growth of just 3%. The middle 60% of households — the traditional engine of the Canadian consumer economy — found that income covered just 57 cents of every new dollar they spent….