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Toronto area home prices down 18% from last February, sales halved: board

But “renewed price growth” forecast in 2023

Trade group can’t be sued for alleged rep misconduct

Court dismisses suit against Million Dollar Round Table

RBC faces another vacation pay class action

Bank's P&C advisors seek holiday pay on their variable compensation

BoC expected to hold interest rate next week, one year after aggressive cycle began

CIBC and RBC economists analyze impact of recent rate hikes

Federal Reserve officials sound warnings about higher rates

A run of strong U.S. economic data could lead to greater-than-forecasted hikes

TMX plans new Alpha market

Innovation-focused order books slated for launch in September

TD Bank Group reports $1.58B profit in Q1, down from year ago

The quarter included a $1.6-billion charge to settle a lawsuit

CWB Financial reports Q1 profit up from year ago

The results were helped by a reversal of an impaired loan writeoff

PBO expects Bank of Canada to hold rates for remainder of year

Projection for economic growth downgraded to 1% for 2023

advisor client meeting

Remind clients to declare side-hustle income

Half of Canadians with gig jobs would risk not reporting their full earnings to CRA

  • By: IE Staff
  • March 2, 2023 March 2, 2023
  • 13:54
Eurotower in Frankfurt am Main before sundown

Europe inflation eases slightly but consumer pain persists

The European Central Bank is expected to raise interest rates again mid-month

Two senior ladies hiking in the woods

Canadians increasingly concerned about funding retirement: Survey

Professional advice, financial plan provide significant confidence boost

TD bank. stock photo

TD takeover of First Horizon in doubt as it looks to extend close again

Extension increases risk of deal not being completed: Barclays analyst

Insolvency filings in Canada in January up 33.7% compared with a year earlier

Rate hikes make it harder to pay off debt

National Bank of Canada in Toronto’s financial district; National Bank of Canada is sixth largest commercial bank in Canada.

National Bank reports $881M Q1 profit, down from $930M a year earlier

Revenue in wealth management was up 8%

RBC Bank branch stock photo

RBC reports Q1 profit down as expenses, provisions for credit losses rise

Rising interest rates drive increase in wealth management revenue

Low angle view of Skyscrapers in downtown Toronto during the day

TD meets goal for Black executive representation

A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people

The Victoria government building beside an aboriginal totem pole.

B.C. introduces renter’s tax credit

The provincial budget forecasts years of deficits, but spends big on health, housing, families

The legislature in Alberta

Alberta predicting $2.4-billion surplus for petro-powered economy

The province's budget contains a plan for legislated balanced budgets

U.S. Canada flag

U.S. Supreme Court rules in taxpayer’s favour on FBAR issue

The taxpayer's penalty for filing foreign account forms late was reduced to $50,000 from $2.72 million

Bank Of Montreal Branch stock photo

BMO Financial Group reports earnings drop on Bank of the West-related charge

Net income for wealth management was down 12% from a year ago

Scotiabank rethinking strategy as results hit by high funding costs, expense growth

Net income for global wealth management was down 7% from the previous year

TD Bank to pay US$1.2 billion to settle Stanford Ponzi scheme lawsuit

The settlement comes as TD works its way through two major acquisitions in the U.S.

changes ahead sign

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