As interest rates hover at 2.25% and the Bank of Canada balances inflation against sluggish growth, the nation’s big lenders are shifting their focus. National Bank of Canada recently announced its acquisition of Truvera Trust Corporation, a strategic move to capture the booming estate and trust market in British Columbia. This expansion signals a broader trend: banks are pivoting toward fee-generating wealth services that are less sensitive to interest rate fluctuations. For GTA investors and homeowners, this is a signal to pay attention to how your mortgage equity ties into long-term succession planning. With significant wealth transferring between generations, the line between mortgage lending and estate management is blurring. National Bank’s wealth management earnings jumped 18% to $274 million in Q2 2026, proving that financial institutions are betting big on the intersection of housing equity and professional wealth advice. Read the full story at MPA Magazine.
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