"Other prices — including prices of online goods and airline fares — dropped in July and consumers report they expect lower inflation in the months ahead, which are all signs of a potential turnaround in the inflation picture."
UBS has currently made over 2,200 referrals of PPP loans to date, which represents over $1 billion of loans.
Male and female investors* show similar investing patterns, with investments comprise mainly stocks (85%-92%), followed by funds.
The asset manager recorded net inflows, but saw its assets under management drop to $8.5tn, while quarterly income slumped 30% year-on-year.
The survey of 1,000 high-net-worth (HNW) Millennials found that 84% think frequently about their financial security, but many are unsure of what they need to do to attain it.
Over the coming decade, the report forecasts a 30 per cent increase in the number of high-net-worth people living in Canada, driven largely by the projected performance of the economy, but boosted by this migration trend.