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Wealthsimple. @Wealthsimple. ·. Dec 13. “Economists had been looking for a 0.3% headline gain, and a 0.3% core gain.”. Translation: Economists hoped prices would only go up 0.3%, thanks to interest rate hikes making the cost of living more expensive, thereby slowing down spending. Prices went up even less than that!

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Wealthsimple’s big new raise more than triples its valuation from its last round, a $114 million CAD (roughly $93 million) funding announced last October, which carried a post-money valuation of ...