Latest news in Industry News

Avoid the transfer-out train

Safeguard your business by knowing your client’s PoA and executor

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January’s Canadian job loss looks temporary: economists

The Canadian economy lost 200,000 jobs in January but a Desjardins economist says we could see a ‘post-Covid-wave rebound’

U.S. economy defies omicron and adds 467,000 jobs in January

Job growth in the United States was faster than we realized, Glassdoor economist says

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Ontario to develop portable benefits system for workers without coverage

System is intended to cover workers in the gig economy, retail and hospitality jobs who don't have benefits, as well as people who change careers

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Macklem tells senators path for falling inflation rates is uncertain

Interest rates need to rise to bring inflation back to 2% target, the Bank of Canada governor told a Senate committee

Forget mini options, nanos are on the way

Chicago-based derivatives exchange aims to make options easy for retail investors

Caution from OPEC+ producers to keep oil prices high

Some of the major oil producing nations agreed to add 400,000 barrels per day in March. Brent crude was priced at US$90.09

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Inflation hits 5.1% in euro area

Energy prices, up 28.6%, played a major role in record inflation for nations using euro currency, but ECB predicts it will fall to 1.8% in…

diversity

Applications open for WCM’s Return to Bay Street program

Program has operated since 2010 and helped 92 women return to the financial industry

  • By: IE Staff
  • February 1, 2022 February 1, 2022
  • 14:37

Is CDOR destined for the dustbin?

Refinitiv launches a consultation on the benchmark's future

Fundata recognizes 57 companies at annual event

A total of 386 funds received the firm's FundGrade A+ award

  • By: IE Staff
  • January 27, 2022 January 27, 2022
  • 12:34

UBS buys California robo advisor in digital advice push

Wealthfront acquired for US$1.4 billion in cash

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Bank of Canada keeps key interest rate target on hold but warns of looming hikes

The Bank of Canada warned Wednesday that rates will need to rise to bring inflation back to the central bank's 2% target

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Canada’s tax system too complex for automatic filing, study suggests

C.D. Howe report recommends separating access to benefit programs from the filing of tax returns

Retail sales climbed 0.7 % in November: StatsCan

December GDP could be less than expected, a CIBC economist warns

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Climate, Covid, China: Takeaways from online Davos event

Rising consumer prices and likely interest rate hikes are among the top issues at the virtual World Economic Forum

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Insurer wrong to deny payout in murder case

Ontario court rejects claim that victim misled company about his past

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ESMA to examine funds’ valuation practices

Valuation risks could threaten financial stability, European regulators warn

Federal Reserve study on digital currency leans to role for banks

Banks or payment firms would create accounts or digital wallets, the report said

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Luxury home sales triple in some cities

The greatest increases were in smaller urban markets

  • By: IE Staff
  • January 20, 2022 January 20, 2022
  • 12:48
ESG growth

Advisors overestimate their RI knowledge

According to a new RIA survey, nearly all respondents could not correctly identify three true statements out of 10 about responsible investing

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CRA provides details on deducting work-from-home expenses for 2021, 2022

Employees who worked from home due to the pandemic in 2021 can claim up to $500 in expenses under $2/day flat rate method

Canada Parliament and Canadian Flag over blue sky.

PBO report questions need for Liberals’ planned stimulus spending

Any stimulus should be wound down before the end of March, says federal parliamentary budget officer Yves Giroux

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Prosper Canada offers online tool to aid access to government benefits

Tool allows users to "navigate the maze of government information," charitable group says

  • By: IE Staff
  • January 19, 2022 January 19, 2022
  • 12:00

Firms finding skills gap when it comes to sustainable finance

Good ESG help is hard to find