Moneta Joins Arcstone The Moneta team is excited to announce that we are joining the rapidly expanding Arcstone Group of Companies, strengthening our ability to

We have been writing about Canada’s structural deterioration since November 2025. The recession is confirmed.

Three prior cycles. The same structural logic each time. The opening transaction for the third has just been done.

What we described in earlier publications has now arrived with empirical force. When our last report was published, iShares Expanded Tech-Software ETF (IGV) was down 32% from its recent high while the Nasdaq held flat.

The binary is broken. CUSMA is no longer a three-party negotiation. The U.S. is building a bilateral deal with Mexico; formal negotiations commence May 25. Canada has had no talks since October 2025. The July 1 review is 67 days away.

A co-ordinated squeeze on energy supply, maritime access, critical minerals, proxy defence credibility, and allied cohesion — and the investment implications.