Summary:
In this episode, Will unpacks trends in the Canadian deposits market, including the record-breaking $300 billion in demand deposits flows in 2020 and 2021, as well as the growth that guaranteed investment certificates (GICs) experienced in the first half of 2022. The discussion also touches on Generation Z and price consciousness, and the potential for household deleveraging in a sustained higher interest rate environment.
About the series:
MI Talk, a podcast series brought to you by ISS Market Intelligence (MI), delivers global coverage of developments in the asset management, wealth management, insurance, and distribution industries. Each episode features ISS MI’s experts in conversation about topical issues, trends, and developments that are shaping the market intelligence landscape, specifically, and global financial services industry more broadly. Financial services professionals focused on funds, annuities, insurance, mortgages, and related areas will find MI Talk particularly helpful in staying abreast of what’s of import across the industry.