Latest news in Industry News

Wealthsimple lays off 13% of workforce

The company will now focus more heavily on core businesses, like investing and banking

colorful hot air balloons

Planning for retirement amid persistent inflation

Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees

ESG sustainable growth

CIBC endows sustainable finance chair at Schulich

New position at York U business school aims to bring industry and academia together for climate fight

Fed attacks inflation with its largest rate hike since 1994

The Federal Reserve hiked its benchmark short-term rate to a range of 1.5% to 1.75%

words ESG on a wood block and Future environmental conservation and sustainable ESG modernization development by using the technology of renewable resources to reduce pollution and carbon emission.

Giving sustainability standards a Canadian flavour

Standards setters endorse creation of home-grown sustainability board

U.S. retail sales in May slip 0.3% amid surging inflation

Furniture sales drop 1%, while price increases account for 1.2% rise in food store sales

May home sales down 22% since last year, 9% from April: CREA

“Market expectations began crumbling,'' said Robert Kavcic of BMO Capital Markets

Benchmark consultation extended

Deadline for potential term CORRA consultation extended to June 30

client meeting

FP Canada wants 4 more provinces to embrace title reg by 2025

Three-year strategic plan aims to support the organization's goal of making financial planning widely accessible by 2030

  • By: IE Staff
  • June 14, 2022 June 14, 2022
  • 16:13
Responsible Investment Association panel.

Rating your fund’s greenness: easier said than done

It's not easy to get agreement on what is green and what is not green, said a Responsible Investment Association conference speaker

Miniature House on A Financial Graph

Nearly 1 in 4 homeowners would have to sell if interest rates rise more

A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable

Bitcoin plunges as major crypto lender halts operations

Celsius Network stopped withdrawals and transfers between accounts

men holding on to balloons as they float away into the air

Hot inflation dims likelihood Fed can achieve “soft landing”

Concern grows that interest rate hikes could tip U.S. economy into recession

Values-based conversations key to ESG investing and KYC requirements

An RIA panel discussed the challenges and opportunities of integrating ESG considerations into know-your-client procedures

Responsible Investment Association panel.

Don’t get too far into the weeds of ESG terminology

Whether the label is 'responsible' or 'sustainable' investing, focus on the approaches and not the title, an RIA conference speaker said

Canadian unemployment falls to 5.1%

‘The Canadian economy is operating beyond full employment,’ TD economist says

investment risk

Prepare for riskier, more volatile future, Poloz says

Clients face a "rising tide" of risk in the coming years, the former BoC governor said at Franklin Templeton's symposium

Europe’s central bank to hike rates in July for first time in 11 years

The ECB will raise rates by a quarter-point in July and left open the possibility of a more drastic, half-point hike in September

Is my client’s RRSP protected if they go bankrupt?

Creditor account protection across Canada is a jurisdictional maze

Green forest

Investors bring climate fight to top TSX polluters

Group targets 40 companies to lead transition to low-carbon economy

Financial industry asks feds for more guidance on FHSA

Firms face tight deadline to launch new registered plan next year

As Covid recedes, investment industry faces challenges from markets and personnel

An industry panel broke down the changing environment

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

Yellen expects inflation to remain high

At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation

World Bank dims outlook for global economy amid Russia war

For many countries, recession will be hard to avoid, the agency's president said

blurred lights on stage, drama theatre show background

RIA names 2022 leadership award winners

The awards recognize members who advance responsible investment in Canada

  • By: IE Staff
  • June 6, 2022 June 6, 2022
  • 16:56