Moneta is proud to announce that our CEO, Erin Campbell, will be a featured speaker at Her Wealth Summit on September 20, 2025, in Vancouver, BC. Erin will share her insights on “Investment Strategy & Management: Approaches for Building and Protecting Wealth in a Dynamic Market.”

Stagflation is no longer a forecast; it is here. Fiscal deficits are ballooning, inflation remains sticky, and growth is rolling over in almost every advanced economy, particularly Canada and the U.S. What is different this time is the structural policy backdrop creating demand that cannot simply vanish in a slowdown.

Moneta’s own Mary Hemmingsen, CPA will be joining Andy Calitz for the upcoming Canada Energy Supply Transition Tour on September 17th, 2025.

In a previous newsletter, we explored how agentic AI – a class of autonomous, decision-making systems – is establishing itself as a transformational force across many economic sectors. But as investors seek to position themselves on this tech wave, the question of the physical infrastructure needed to support these agents also comes into focus, as well as the energy and resource implications of scaling this autonomy across economies globally.

Canada is entering a critical period of structural and geopolitical transformation. The July 2025 U.S.–EU trade pact reshaped global trade flows, placing pressure on non-aligned countries like Canada to recalibrate their policy and trade architecture. Simultaneously, the emergence of a global capital rotation into hard assets. Led by gold, and now increasingly visible in silver, copper, and lithium, positions Canada as a potentially key beneficiary, if domestic constraints can be lifted.

As capital rotates out of previous intangible-dominated growth sectors and into hard assets like metals, energy, defense, and industrial infrastructure, tech investors are questioning where their next wave of returns will come from. Simultaneously, geopolitics is reshaping global trade, labor markets, and supply chains—further complicating traditional investment theses.