Financial Advisors Have Reported Increased Market Optimism
A recent poll shows that sentiment regarding Canadian investment opportunities has grown stronger over the past 12 months.
Updated on Oct. 13, 2026 in Investing
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Six in ten financial advisors expressed increased optimism about Canadian investment opportunities compared to 12 months ago, according to recent survey results. This shift follows the Fidelity Global Asset Allocation Team increasing its domestic market weight for the first time in over a decade.
Why it matters
Advisors attributed this growing confidence to new federal government policy initiatives designed to improve productivity and nation building. The Mega Super Deduction was specifically cited by these experts as a primary driver for recent investment interest.
The Fidelity Global Asset Allocation Team currently manages $127.9 billion in assets, while Fidelity Investments Canada reported $428 billion in total assets as of September 30, 2026. The firm holds over $380 billion in combined Canadian equities and bonds.
The players
Fidelity Investments Canada
This major financial institution manages hundreds of billions of dollars in assets and maintains its corporate presence in Toronto.
Fidelity Global Asset Allocation Team
This specialized division within the firm manages tactical portfolio adjustments based on global market trends and policy developments.
The details
The sentiment was captured through the FidelityConnects Advisor Pulse Polls, which collected responses from over 1,500 financial advisors during a survey period on October 5 and 6, 2026. The Fidelity Global Asset Allocation Team adjusts its tactical portfolio allocations based on ongoing monitoring of global markets in response to structural economic challenges.
Timeline
FidelityConnects programming began polling advisor views in 2018.
Advisors viewed Canada as a compelling investment opportunity in May 2026.
The financial reporting date for assets under management was September 30, 2026.
The Advisor Pulse Poll was conducted between October 5 and 6, 2026.
Poll results were officially released on October 13, 2026.
Market Dynamics
The increased focus on domestic assets follows the rollout of the Mega Super Deduction, a policy initiative designed to spur productivity. This shift represents a broader pivot toward national investment strategies in response to structural economic challenges.
Retail investors may see increased domestic equity weighting in their managed portfolios as institutional firms align with the positive sentiment. This could lead to a different asset mix for those currently holding long-term investment products with major financial firms.
The takeaway
The surge in advisor confidence suggests a growing belief in the potential of domestic policy to revitalize the market. Investors should monitor how these new government initiatives continue to shape long-term asset allocation strategies.
Further reading
For more context on market trends, visit the Investing section.
Source note: This article includes information reported by The Kingston Whig-Standard.
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