{"id":53655,"date":"2026-05-20T21:35:34","date_gmt":"2026-05-20T21:35:34","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/53655\/"},"modified":"2026-05-20T21:35:34","modified_gmt":"2026-05-20T21:35:34","slug":"news-of-the-day-statistics-canada-ends-quarterly-wealth-reporting-cibc-pushes-defence-spending-canada-attractive-to-infrastructure-investors-summer-job-postings-how-natos-bank-will-work-and-more","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/53655\/","title":{"rendered":"News of the day: Statistics Canada ends quarterly wealth reporting, CIBC pushes defence spending, Canada attractive to infrastructure investors, summer job postings, how NATO&#8217;s bank will work and more"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/e115c32b00b2ceab67d711ffccb55bef.jpeg\" alt=\"OttCanadaMar31\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Statistics Canada said its national balance sheet and financial flow accounts, which provide a quick overview of aggregate household wealth trends, will continue to be released on a quarterly basis. (Credit: TONY CALDWELL, Postmedia.)         <\/p>\n<p class=\"yf-1fy9kyt\">It\u2019s Wednesday, May 20. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/wealth\/statistics-canada-depth-quarterly-household-wealth-reports-costly-mistakes-policy-group\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Statistics Canada to end in-depth quarterly household wealth reports, which could cause \u2018costly mistakes,\u2019 policy group says;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Statistics Canada to end in-depth quarterly household wealth reports, which could cause \u2018costly mistakes,\u2019 policy group says&quot;}\" class=\"link \">Statistics Canada to end in-depth quarterly household wealth reports, which could cause \u2018costly mistakes,\u2019 policy group says<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Statistics Canada will no longer publish detailed quarterly data breaking down the economic well-being and financial stability of Canadian households, a move some economists warn could cloud the picture of wealth distribution at a crucial time.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/wealth\/statistics-canada-depth-quarterly-household-wealth-reports-costly-mistakes-policy-group\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Prioritizing defence projects will both address emerging threats and create the conditions needed for economic growth and social development, said Harry Culham.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Prioritizing defence projects will both address emerging threats and create the conditions needed for economic growth and social development, said Harry Culham.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/banking\/strengthening-canadas-defence-sector-opportunity-to-invest-cibc\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Strengthening Canada\u2019s defence sector is a \u201conce-in-a-generation opportunity\u201d to invest, CIBC head says;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Strengthening Canada\u2019s defence sector is a \u201conce-in-a-generation opportunity\u201d to invest, CIBC head says&quot;}\" class=\"link \">Strengthening Canada\u2019s defence sector is a \u201conce-in-a-generation opportunity\u201d to invest, CIBC head says<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Ottawa\u2019s push to expand its defence sector is one of the most significant financing initiatives in Canada\u2019s history, says the head of Canadian Imperial Bank of Commerce. \u201cLet me be clear: we recognize the urgency of this moment,\u201d Harry Culham said at a CIBC defence summit on Wednesday. \u201cThis presents a once-in-a-generation opportunity to invest in our economy.\u201d<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/banking\/strengthening-canadas-defence-sector-opportunity-to-invest-cibc\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Global Infrastructure Investor Association\u2019s recent poll places Canada at the top of its rankings, thanks to a series of recent announcements by the Canadian government.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Global Infrastructure Investor Association\u2019s recent poll places Canada at the top of its rankings, thanks to a series of recent announcements by the Canadian government.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/canada-most-attractive-infrastructure-poll\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Canada \u2018world\u2019s most attractive market for infrastructure investment\u2019, poll says;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Canada \u2018world\u2019s most attractive market for infrastructure investment\u2019, poll says&quot;}\" class=\"link \">Canada \u2018world\u2019s most attractive market for infrastructure investment\u2019, poll says<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada has surpassed the United States, emerging as the \u201cmost attractive market for infrastructure investment,\u201d according to a survey of leading investors in the sector. Global Infrastructure Investor Association\u2019s recent poll places Canada at the top of its rankings, thanks to a series of recent announcements by the Canadian government.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/canada-most-attractive-infrastructure-poll\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-work\/summer-job-listings-stabilizing-market-still-soft\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Summer job listings stabilizing after three-year decline, but market still \u2018soft\u2019;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Summer job listings stabilizing after three-year decline, but market still \u2018soft\u2019&quot;}\" class=\"link \">Summer job listings stabilizing after three-year decline, but market still \u2018soft\u2019<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Summer job postings are stabilizing after a three-year decline, says a new report from Indeed Hiring Lab, but young Canadians are once again being sprung from school into another \u201csoft\u201d labour market.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-work\/summer-job-listings-stabilizing-market-still-soft\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" A Canadian Armed Forces member stands near a CC-177 Globemaster III at CFB Trenton, Ont.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  A Canadian Armed Forces member stands near a CC-177 Globemaster III at CFB Trenton, Ont.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/banking\/why-canada-best-home-global-defence-bank\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Why Canada is the best home for a global defence bank;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Why Canada is the best home for a global defence bank&quot;}\" class=\"link \">Why Canada is the best home for a global defence bank<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Dominique Babin, partner at Dentons, talks to Financial Post\u2019s Larysa Harapyn about how the Defence, Security and Resilience Bank will work.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-finance\/banking\/why-canada-best-home-global-defence-bank\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Statistics Canada said its national balance sheet and financial flow accounts, which provide a quick overview of aggregate&hellip;\n","protected":false},"author":2,"featured_media":53656,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,3415,23809,4032,23710,6701,23810,23807,1672,14029,23808],"class_list":["post-53655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-canadas-history","tag-canadian-households","tag-canadian-imperial-bank-of-commerce","tag-defence-sector","tag-financial-stability","tag-household-wealth","tag-quarterly-basis","tag-statistics-canada","tag-tony-caldwell","tag-wealth-distribution"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/53655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=53655"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/53655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/53656"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=53655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=53655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=53655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}