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Industry moves this week

A mix of executive and advisor moves were announced

Life in time of COVID-19: Mature woman working on computer from home at the stand up desk. She has long grey hair and dressed in casual black outfit. Interior of living room set up with home office station, next to window.
Industry News

Form T2200 has 2 changes for 2024 tax-filing season

Updates related to home office expenses aim for simplicity

Wall street
Research and Markets

Wall Street results signal strong 2025: DBRS

Investment banking pipeline looks healthy, trading activity should benefit too

home sale
Research and Markets

Housing prices slide in December

The index is up 0.1% relative to last year

  • By: Kevin Press
  • January 24, 2025 January 24, 2025
  • 14:25
Court settlement
From the Regulators

Banks settle OTC bond class action

Investor suit sought more than $1 billion, settles for $6.5 million

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t
From the Regulators

ASC, BCSC join settlement with crypto companies

Settlement provides refunds to investors that bought variety of digital assets

House for sale
Research and Markets

U.S. home sales in 2024 fell to the lowest level in nearly 30 years

Elevated mortgage rates, rising home prices and few properties on the market were to blame

Canadian flag
Research and Markets

Conference Board of Canada sees 1.5% growth this year

The threat of tariffs makes the outlook for trade highly uncertain: report

Arrow cube
Research and Markets

Bank of Japan raises interest rate to about 0.5%

The central bank cited higher wages, inflation in its decision

donation
Industry News

In-kind securities not part of extended deadline for charitable donations

Finance releases draft legislation, adds to tax-filing uncertainty

Merger puzzle pieces
Industry News

OneDigital makes first foray into Canada with PWL buy

The U.S. firm says it has 'long-term' plans here

hands holding planet
Research and Markets

Sustainable bond issuance to top US$1 trillion

Amid U.S. sentiment shift, climate mitigation, clean energy needs persist: Moody's

Immigration Canada
Research and Markets

Younger workers may pay off in the long run: CIBC

Better integrating immigrants could solve productivity puzzle

Symbolic, not blanket retaliation appropriate in face of U.S. tariffs

2.4 million Canadian jobs exposed to potential U.S. tariffs

Immigration caps will decrease real GDP: PBO

GDP per capita will rise as population remains steady over the next three years

Tax reminder: Clients with short-term rental income must comply with rules or lose deductions

Non-compliance results in denial of expense deductions, raising taxable income

Industry moves this week

TD speeds up CEO exit, announces board changes, plus moves at Optimist and Franklin Templeton

Industry moves this week

Harvest ETFs brings on new talent; industry marks passing of Richardson Wealth vice-chair and former CIBC CEO

Industry moves last week

National Bank announces senior leadership changes and retirements

Mutual funds, ETFs saw record annual growth in assets in 2024: IFIC

Beaten up mutual funds saw a ‘significant turnaround’ in the second half of the year

Product roundup: AGF, Sagard roll out alternative funds

Plus, TD expands its ETF lineup, other firms make fund changes

Product roundup: BlackRock doubles down on its spot bitcoin ETF

Plus, other firms announce fee changes, fund closures and mergers

Bridging investors deserve their day in court: judge

Quebec court refuses to stay lawsuit, saying regulatory, receivership proceedings could take years

Capital markets vulnerable to criminals: FCA

Firms need to beef up anti-money laundering controls, review finds

CSA to match SEC on trading fee caps

SEC reforms under judicial review, Canadian regs won't change first

Investors brace for volatility, ‘noise’ under Trump

Stay informed, but don't overreact to every twist and turn, experts advise

China moves to boost languishing markets

Mutual funds ordered to increase holdings in onshore stocks

U.S. jobless claims rise slightly

Number of Americans receiving unemployment benefits climbed to highest level since November 2021.