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Are bank boards meeting their racial justice pledges?

Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders

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Fed criticized for missing red flags before bank collapse

SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble

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Industry groups call for changes to RRIF rules

The Finance Department is studying RRIFs in response to a House of Commons motion

Silicon Valley Bank collapse presents low risk for Canadian sector: analysts

Canadian banks are much less exposed to the technology sector

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Canadian industry singing praises of Inflation Reduction Act as federal budget nears

The legislation offers about $375 billion in tax credits to help the U.S. clean energy industry

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Canaccord directors opposed to takeover bid resign

The firm appointed Terrence Lyons as director and member of the committee evaluating the bid

Modern office building close up in sunlight

OSFI seizes assets of Toronto branch of Silicon Valley Bank

Peter Routledge stressed that SVB in Canada does not take deposits from Canadians

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QAFP exam writers drop to 25 in February

The trend of fewer test takers follows the 2022 introduction of a post-secondary prerequisite

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Silicon Valley Bank seized by FDIC as depositors pull cash

SVB was the 16th largest bank in the U.S., holding $210 billion in assets

Canada’s 2023 federal budget coming March 28

Finance Minister Chrystia Freeland this week stressed fiscal restraint so as not to work against efforts to tame inflation

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Sustained jobs growth could push BoC to raise rates again, economists warn

Canada added 22,000 jobs in February, no change to 5% unemployment rate

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BMO Financial Group signs deal to buy Air Miles loyalty rewards program

Proposed acquisition part of Loyalty Ventures bankruptcy court process in Canada

Extreme closeup of an annual report -- based on the "portfolio facts," the fund is a 100% stock mutual fund

What’s new from fund manufacturers

CC&L has an international equity fund while eight RBC funds are now available in ETF versions

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Another U.S. hiring surge: 311,000 jobs despite Fed rate

February unemployment rate rose to 3.6%

path obstacles

As Fed hikes rates, BoC carves its own path

In a speech, the Bank of Canada's senior deputy governor touted the advantage of independent monetary policy

Hundreds of Ontario insurance agents targeted for CE non-compliance

A FSRA review resulted in 445 letters of warning for failing to complete continuing education hours

  • By: IE Staff
  • March 9, 2023 March 9, 2023
  • 13:35

Credit card debt up 15% in Q4, Equifax says

Inflation has hit younger Canadians hardest

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Credit unions beating big banks when it comes to women in executive roles: report

The report said the pipeline of female talent seems to shrink going up the ranks

Large Canaccord shareholder moves to oust directors opposed to takeover bid

The shareholder is pushing for board changes by May 10 and nominated two directors

Echelon Wealth to merge with PI Financial

The firms are looking to add scale and grow their wealth management business

  • By: IE Staff
  • March 7, 2023 September 14, 2023
  • 17:41
Partners discussing new plans

What female advisors bring to clients

Helping women achieve their goals

Manitoba raises basic personal amount, tax brackets in pre-election budget

The basic personal exemption will rise to $15,000 from $10,145

Women powered pandemic shift toward higher-paying jobs, but pay gap persists: RBC

About 140,000 women left hospitality and high-contact industries to seek roles in professions like finance and insurance

Powell: Rate hikes could accelerate if economy stays strong

Getting inflation back to 2% “has a long way to go,” Fed chair tells senators while analysts raise spectre of a half-point hike

Richardson Wealth struggles with back-office tech transition

RF Capital CEO Kish Kapoor attributed the problems to technology issues, data transfer challenges and user training