A Game Changer for Clean Energy
ETF Insights Don Hauka, Market One Media ETF Insights Don Hauka, Market One Media

A Game Changer for Clean Energy

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law, which consists of US$370 billion of support for renewable energy and climate related spending over the coming decade. The passing of the IRA acts to bring President Biden closer to achieving his goal of halving the United States’ CO2 emissions by 2030 (vs 2005 levels) and reaching his Net Zero emission objective by 2050. In this Insights, we break down details of the IRA and provide an assessment of this bill’s implication for various sectors.

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The Retirement Dilemma Whitepaper
ETF Insights Guardian Capital Insights ETF Insights Guardian Capital Insights

The Retirement Dilemma Whitepaper

Canadians are living longer, with a massive and growing wave of the population expected to start entering their retirement years. A confluence of factors has created a considerable misalignment between human and portfolio longevity that will require new thinking and innovative retirement solutions.

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Inflation Is Here to Stay
ETF Insights Don Hauka, Market One Media ETF Insights Don Hauka, Market One Media

Inflation Is Here to Stay

To say inflation has been running hot might be an understatement without proper context. On August 10, 2022, the Bureau of Labor Statistics announced that the Consumer Price Index in the U.S. increased by 8.6% from the prior year through July. This was down only marginally from last month when the year-over-year inflation through June rate came in at 9.1%, which was a 40+ year high. The chart below shows that inflation began to take hold in early 2021 as vaccines were rolled out and the economy began to recover from the pandemic. While initially thought to be deflationary, the pandemic became a powerful inflationary force around the world as consumers, whose balance sheets were buoyed by government support, purchased goods at a record pace while supply, which was negatively impacted by pandemic shutdowns, could not keep up.

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