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Management-led group proceeding with Canaccord takeover bid despite opposition

A special committee of independent directors is opposing the offer

Rate hikes work better on big debt? Not so fast

Shifts in the composition of debt may slow down the effects of tightening, paper says

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CI’s U.S. business ready for IPO, CEO says

MacAlpine declined to provide the share of the U.S. business it would spin off

Fed’s rate hikes likely to cause a recession, research says

But Fed board member says current environment differs from past inflationary periods in four ways

Ottawa posts $5.5 billion deficit for April to December

Rate hikes push federal debt charges to $25.8 billion for first nine months

CIBC’s first-quarter profit down from year ago

Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

Canada’s inflation rate is expected to fall significantly this year. Here’s why

Pace of increase should get closer to normal: Desjardins chief economist

Regulatory action on big bank shelf cuts fizzles, for now

Ontario's Ministry of Finance says it is still assessing the OSC's report a year after it was submitted

  • By: Katie Keir
  • February 23, 2023 February 24, 2023
  • 15:41

Keeping the cost of death down

Planning helps clients avoid overspending on funerals, burials

Budget 2023 could target wealthy Canadians, experts suggest

Feds expected to provide details about new minimum tax on high earners and share buyback tax

Representation of women in leadership roles in jeopardy: Report

Women with intersecting identities still under-represented in senior corporate roles

SPAC slapped by SEC

Regulator says shells face same compliance obligations as other public companies

Fed minutes: Almost all officials backed quarter-point hike

All agreed ongoing rate increases “would be appropriate''

Banks set to report as investors focus on interest rates, capital requirements

Household debt concerns put upward pressure on capital ratios

CIBC bank downtown

CIBC agrees to settle Cerberus lawsuit for US$770 million

CIBC says it recorded a pre-tax provision of $1.17 billion related to the settlement in its Q1 results

Fed’s Barkin: “Slow progress” on inflation, sees more hikes

Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%

High gas prices may have curbed downward inflation trend in January: economists

TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation

Liberal tax promise tracker, pre-budget update

Here's the status of tax promises and proposals that matter to your clients

Inflation written newspaper

Persistently high inflation makes businesses less competitive: BoC’s Beaudry

Economic “distortions” result when inflation remains above 2% target

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Oppose Canada’s “xenophobic” foreign property tax, U.S. critics urge Biden admin

Canadian UHT “unnecessary burden,” offside USMCA: Congress member

Manulife head office building in Toronto, Canada. Manulife is a Canadian multinational insurance company.

Manulife net income slips in Q4 but up for 2022 as a whole

AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year

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Macklem says economy still overheated and jobs market is too tight

BoC ready to raise rates further if inflation sticks around

New York City Skyline Statue of Liberty stock photo

Cautious but steady consumers buoying hopes for U.S. economy

Wage demands could moderate with economy in “middling phase”

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IA Financial Group aiming for dual-registered “one wealth” strategy

Wealth leader Stephan Bourbonnais wants the iA businesses to lead the way in the new self-regulatory regime

  • By: Katie Keir
  • February 15, 2023 February 15, 2023
  • 13:48
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Canadian labour market shows no signs of slowing despite high interest rates

Annual wage growth drops to 4.5%, below inflation rate of 6.3%