U.S. inflation slowed in December
The latest data suggests the American economy is achieving a difficult “soft landing”
- By: Christopher Rugaber, The Associated Press
- January 26, 2024 January 26, 2024
- 09:33
Latest news in Industry News
Not so fast on interest rate cuts, says European Central Bank
The bank left its benchmark rate unchanged at a record-high 4%
- By: David Mchugh, The Associated Press
- January 25, 2024 January 25, 2024
- 13:58
Bank of Canada holds key interest rate at 5%
The central bank is still open to more rate hikes if inflation doesn’t co-operate
- By: Nojoud Al Mallees, Canadian Press
- January 24, 2024 January 24, 2024
- 10:37
CIRO approved as credentialing body under Ontario title protection
Improved proficiency for financial advisors still on the table amid persistent demand
- By: Michelle Schriver
- January 23, 2024 January 23, 2024
- 15:56
Corporate transparency legislation now in force
The new requirements could surprise small businesses that aren't used to making these types of disclosures
- By: Michael McKiernan
- January 23, 2024 January 23, 2024
- 10:17
Italian financial software firm buys Nest Wealth
Objectway sees the Toronto-based fintech firm as an "ideal fit" as it looks to expand
- By: Jonathan Got
- January 22, 2024 January 22, 2024
- 16:54
Payment deadline nears for prescribed-rate loans
A late payment will thwart the income-splitting opportunity associated with the strategy
- By: Rudy Mezzetta
- January 22, 2024 January 22, 2024
- 09:53
Blackstone buys Toronto rental development company
Tricon Residential will go private in a US$3.5-billion deal
- By: The Canadian Press, IE Staff
- January 19, 2024 January 19, 2024
- 09:59
TD expects $141M from Schwab holdings as U.S. banks report earnings
Adjusted net income estimated to drop 30% from previous year
- By: Ian Bickis, The Canadian Press
- January 18, 2024 January 18, 2024
- 14:14
Former BMO execs Andrew Auerbach and Jean Blacklock launch investment counsel firm
New practice aims to differentiate with therapeutic approach to planning
- By: Michelle Schriver
- January 18, 2024 January 18, 2024
- 08:47
What happens if FSRA finds a life agent unsuitable
The Ontario regulator discussed proposed licensing suitability guidance during a webinar on Wednesday
- By: Michelle Schriver
- January 17, 2024 January 17, 2024
- 15:27
Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses
Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000
- By: Rosa Saba, The Canadian Press
- January 17, 2024 January 17, 2024
- 13:53
AGF buying majority stake in alternative investment firm Kensington Capital
Kensington will maintain its investment and operational independence, receive strategic support
- By: IE staff, with files from Canadian Press
- January 15, 2024 January 15, 2024
- 11:57
Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels
Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce
- By: Ken Sweet
- January 12, 2024 January 12, 2024
- 14:51
Canadian bitcoin ETFs face price pressure after U.S. approvals
Fidelity is reducing the management fee for its Canadian bitcoin ETF
- By: IE staff, with files from the Associated Press
- January 11, 2024 January 12, 2024
- 16:00
Wellington-Altus adds new advisor-focused executive role
Steph Condra, coming from BMO Private Wealth, will pick up where former president Jordy Chilcott left off
- By: Katie Keir
- January 10, 2024 January 10, 2024
- 09:02
Clients stick with advisors because of personalization: survey
In-person meetings are still the most preferred method of communication
- By: Jonathan Got
- January 10, 2024 January 5, 2024
- 08:00
Industry moves: Dave Kelly takes on new COO role with Richardson Wealth
Plus, new head of Fiera Canada, and IG Wealth focuses on recruitment
- By: Katie Keir
- January 9, 2024 January 9, 2024
- 16:43
Bank CEOs expect further loan-loss provisions and pressure on lending in 2024
Markets may be overly optimistic that central banks will lower rates this year
- By: Ian Bickis, The Canadian Press
- January 9, 2024 January 9, 2024
- 15:09
Big banks’ ‘sustainable finance’ label misleading, investor group alleges
Banks not backing up their claims with data, says securities complaint filed with OSC and AMF
- By: Ian Bickis, The Canadian Press
- January 9, 2024 January 9, 2024
- 08:42
Industry asks feds to extend UHT filing exemption
Proposed exemption from filing the underused housing tax return would only apply for 2023 onward, not 2022
- By: Rudy Mezzetta
- January 4, 2024 January 4, 2024
- 17:00
Interest rate cuts could arrive with spring: Deloitte
The firm's economic outlook predicts stagnant growth during the year's first half
- By: Rosa Saba, The Canadian Press
- January 4, 2024 January 4, 2024
- 13:38
Liberal tax promise tracker, winter break edition
Another look at the status of major tax proposals from the Trudeau government
- By: Melissa Shin
- January 3, 2024 January 3, 2024
- 16:10
Monex Group to buy majority stake in 3iQ
3iQ will have a global footprint with distribution outside of Canada
- By: Jonathan Got
- January 3, 2024 January 3, 2024
- 13:26
Great West Lifeco closes Putnam Investments sale to Franklin Templeton
The deal includes a partnership that will see Great-West Lifeco distribute Franklin Templeton products
- By: The Canadian Press
- January 2, 2024 January 2, 2024
- 14:45