Latest news in Industry News

Miniature House on A Financial Graph

Minimum qualifying rate for uninsured mortgages remains steady

OSFI keeps key mortgage stress test rate unchanged

Industry moves this week

A variety of announcements were made

  • By: Katie Keir
  • December 15, 2022 December 15, 2022
  • 09:34

OSC says no reasonable prospect of conviction in CannTrust case

The quasi-criminal case is the regulator's first court proceeding involving a publicly traded cannabis company

FINRA sees surge in ransomware attacks

Criminals increasingly target small, mid-sized firms, SRO reports

Fed raises key rate by half point and signals more to come

Key rate range could top 5% in 2023

How to turn social media leads into clients

Fewer than one-third of advisors surveyed had a defined marketing strategy

  • By: IE Staff
  • December 14, 2022 December 14, 2022
  • 14:02
London bridge aerial view from the porthole stock photo

U.K. inflation eases, remains close to 40 year high

At 10.7%, British inflation higher than 7.1% in U.S.

Close up of businesswoman using calculator while going through financial bills.

Indexed tax brackets, credits provide 2023 planning opportunities

Income tax thresholds, credits and benefit amounts are all rising with inflation

Online mortgage application form on a digital tablet

IGM partners with online mortgage lender Nesto

The investment will allow IG advisors to integrate mortgages with financial plans

  • By: IE Staff
  • December 13, 2022 December 13, 2022
  • 12:38
Canadian 100 Dollar banknotes being printed

Benchmark transition to start in January

Inter-dealer derivatives to begin using CORRA instead of CDOR

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

FP Canada announces latest CFP exam results

More than one-third of exam writers said title protection was a motivating factor

  • By: IE Staff
  • December 9, 2022 December 9, 2022
  • 13:03
Green forest

Most top Canadian firms don’t verify their sustainability disclosures: PwC

Second-annual study also finds that 30% of companies have net-zero targets

  • By: IE Staff
  • December 9, 2022 December 9, 2022
  • 11:49

Quebec economic update: A lot of uncertainty in 2023, Girard says

Weak growth more likely than recession: Finance Minister

Video conference screen

Banks, insurers get court approval to host virtual or hybrid AGMs in 2023

Covid-19 is so "unpredictable," the group says

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

BoC shifting from how much to raise rates to whether to raise them

Interest rate decisions will be data-dependent, deputy governor said

Skyline of the financial district

OSFI raises stability buffer amid heightened systemic risks

The adjustment comes as the economic risk profile has changed considerably this year

Multiethnic group of people cooperating for environmental protection

Vanguard exits climate group

Firm cited confusion in decision to leave Net Zero Asset Managers initiative

Bank of Canada hikes key rate by half percentage point, signals possible pause

Rate tightening “likely has reached its zenith,” CIBC economist predicts

Raymond James acquires Solus Trust

Vancouver-based trust company manages $400 million in assets

Banking alliance distances itself from UN campaign over emissions targets

Canada's big banks said they're still focused on net-zero commitments

disability services

Allow siblings to act as RDSP holders, report recommends

CRA's disability advisory committee releases its 2022 annual report

piggy bank with flag of Canada

BoC expected to end year off with one more rate increase, likely to pause hikes soon

Central bank may be encouraged by recent inflation cooling: TD economist

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

U.S. hiring stays strong, complicating Fed’s inflation fight

Jobless rate at 53-year-low of 3.7%, markets alarmed

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

Unemployment rate drops slightly to 5.1% in November, labour market still hot

Employment up in finance, insurance

Doing Homework

FP Canada announces latest QAFP exam results

The exam was written by 69 candidates

  • By: IE Staff
  • December 1, 2022 December 1, 2022
  • 15:20