Latest news in Industry News

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MFDA bans, fines rep $50K for misappropriating, borrowing client funds

The money was used to satisfy a margin call

  • By: IE Staff
  • July 22, 2022 July 22, 2022
  • 16:09

Russia’s central bank slashes rate, saying inflation slows

The interest rate cut comes as central banks around the world are rushing in the opposite direction

stock market down

Startups grapple with raising funds amid tech downturn

Investor exuberance is fading as companies try to stave off a potential recession

U.S. cryptocurrency insider trading case snares 3

Former product manager with Coinbase, two others charged with wire fraud conspiracy and wire fraud

Investors watching for signs of a tech rebound

Slowing inflation and an early Fed pivot could set the stage for growth stocks to thrive

Europe’s central bank backs larger than expected rate hike

Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%

Inflation written newspaper

Inflation may have peaked in June as gas prices soared: economists

Prices up nearly 29% year-over-year for edible fats and oils; air transport up 6.4% month-over-month

Prescribed rate set to rise to 3% in Q4

As rates rise, opportunity to achieve tax savings via a family loan strategy narrows

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Vatican imposes new investment policy amid financial scandal

The policy bans speculative investments, short-selling and highly leveraged or complex financial products

Worker Wearing Medical Face Mask and Hard Hat Carries Cardboard Box Walks Through Retail Warehouse full of Shelves with Goods.

Why you may be “overly pessimistic” on equities

Invesco's chief market strategist points to supply chain improvements in China and signs that U.S. inflation could soon decline

  • By: IE Staff
  • July 19, 2022 July 19, 2022
  • 13:18

OSC names members of CEO advisory council

Industry leaders will report at least quarterly to CEO Grant Vingoe

  • By: IE Staff
  • July 19, 2022 July 19, 2022
  • 12:13
climate change

U.S. Supreme Court could block SEC on climate disclosures: Fitch

The EPA ruling raises the stakes for climate proposals, the rating agency said

  • By: IE Staff
  • July 18, 2022 July 18, 2022
  • 15:39

U.S. retail sales up 1% in June, easing fears of a recession

Oxford Economics expects 0.5% Q2 growth, on annualized basis, in U.S. economy

June home sales down 24% from last year, 6% since May: CREA

Rising interest rates are a factor, but "the supply issue has not gone away"

Financial stock exchange market display screen board on the street

Morningstar discontinuing CPMS platform at end of 2023

The firm will continue to collect the same data, and funds won't be affected

Federal Reserve board member opens door to 1-point hike

The potential increase depends on robust consumer demand

Low angle view of Skyscrapers in downtown Toronto during the day

Banks adjust prime rates after BoC’s full-point hike

The Bank of Canada said interest rates will need to rise further to reduce the highest inflation in decades

  • By: IE Staff
  • July 13, 2022 July 13, 2022
  • 16:20
Miniature House on A Financial Graph

Royal LePage cuts home price forecast for 2022

Prices in Q4 will still be up 5% year over year but not up 15% as was expected in April

Lightbulb drawn around tree image, indicating sustainable ideas

What’s hindering institutions from sustainable investing

Lack of consistency in disclosures and fear of greenwashing are getting in the way, a Schroders survey found

  • By: IE Staff
  • July 13, 2022 July 13, 2022
  • 12:21
The Fed - Washington DC - Policy and Politics

US inflation reached a new 40 year high in June of 9.1%

Excluding food and energy, annual consumer prices in the U.S. rose 5.9% on an annual basis in June

Bank of Canada hikes key interest rate by full percentage point to 2.5%

The central bank now forecasts that inflation will remain at 8% over the next few months

students celebrating on graduation day stock photo

FP Canada provides exemptions to CFP degree requirement

International work experience will also be recognized

A river overflows its banks in Northern Nova Scotia

Banks need to raise game on climate risk: ECB

Only one in five banks surveyed consider climate risk when granting loans

org chart with executive choosing team member

U.S. employers added a solid 372,000 jobs in June

Strong U.S. jobs numbers could spur more Fed hikes

cryptocurrencies

TSX, MX suspend floundering crypto firm

Voyager Digital filed for bankruptcy amid volatility, hedge fund default