Canadian pension funds embrace ESG
But little improvement in ESG voting record disclosure, finds responsible investing dashboard
- By: Maddie Johnson
- March 24, 2023 March 24, 2023
- 14:23
Latest news in Industry News
Statistics Canada says retail sales up 1.4% in January
TD predicts significant consumer spending slowdown after Q2
- By: The Canadian Press
- March 24, 2023 March 24, 2023
- 12:14
Gluskin Sheff advisors to move to RBC Wealth Management
Gluskin Sheff's parent company, Onex, is winding down the wealth management business
- By: Melissa Shin, The Canadian Press
- March 24, 2023 March 24, 2023
- 09:24
Ontario expects $1.3B deficit, to post surplus in a year
Budget items include an expanded Guaranteed Annual Income System and a promise to review tax system
- By: Allison Jones, The Canadian Press, The Canadian Press, IE Staff
- March 23, 2023 March 23, 2023
- 16:51
Newfoundland and Labrador budget projects $160M deficit, paints rosy picture
The government did not raise taxes in its 2023 provincial budget
- By: Sarah Smellie, Canadian Press
- March 23, 2023 March 23, 2023
- 14:58
New Brunswick introduces title protection legislation
Like Ontario and Saskatchewan, the province will regulate "financial advisor" and "financial planner"
- By: IE Staff
- March 23, 2023 March 23, 2023
- 14:34
Nova Scotia leaves tax rates alone, but provides relief to nurses
Repairing the health-care system is the centrepiece of the provincial government’s $14.4-billion budget
- By: Michael MacDonald, Lyndsay Armstrong, The Canadian Press, IE Staff
- March 23, 2023 March 23, 2023
- 14:26
Canaccord files for exemptive relief regarding directors’ circular
The firm is asking regulators for more time after reconstituting a special committee evaluating management's takeover bid
- By: IE Staff
- March 23, 2023 March 23, 2023
- 14:07
Liberals introduce legislation to create corporate ownership registry
The goal is easier identification of owners who launder money, commit financial crimes or evade taxes
- By: Nojoud Al Mallees, Canadian Press
- March 23, 2023 March 23, 2023
- 12:38
Private markets getting more accessible to public as funds roll out credit options
Markets for both private debt and private equity have swelled over the last decade
- By: Ian Bickis, The Canadian Press
- March 23, 2023 March 23, 2023
- 12:19
Credit Suisse deal averted crisis, Swiss central bank says
Swiss National Bank hiked its key interest rate on Thursday
- By: Jamey Keaten, The Associated Press, David Mchugh, The Associated Press
- March 23, 2023 March 23, 2023
- 11:48
Budget 2023 to detail crackdown on “junk fees” for consumers
Liberals plan to work with regulatory agencies, including the Financial Consumer Agency of Canada, a federal source says
- By: Nojoud Al Mallees, Canadian Press
- March 23, 2023 March 23, 2023
- 11:23
Feds have little capacity to raise personal tax rates, experts say
Liberal government more likely to focus on AMT, capital gains in Budget 2023
- By: Rudy Mezzetta
- March 22, 2023 March 28, 2023
- 17:01
Saskatchewan budget projects $1B surplus, more money for health care
No new taxes, smaller surpluses predicted over next three years
- By: Jeremy Simes, The Canadian Press
- March 22, 2023 March 22, 2023
- 16:51
Fed raises key rate by quarter point despite bank turmoil
Inflation remains elevated, bank failures likely to “weigh on economic activity”
- By: Christopher Rugaber, The Associated Press
- March 22, 2023 March 22, 2023
- 14:22
BoC was still concerned about potentially sticky inflation as it held interest rate
Actual 2023 growth could be stronger than forecast
- By: Nojoud Al Mallees, Canadian Press
- March 22, 2023 March 22, 2023
- 13:51
U.K. inflation jumps to 10.4%, surprising analysts
Quarter-point rate hike predicted as Ukraine war drives prices up
- By: Danica Kirka, The Associated Press
- March 22, 2023 March 22, 2023
- 11:51
Canadian home sales expected to pick up in spring but inventory still lags
New listings down 26% year over year, average price down 19%
- By: Tara Deschamps, The Canadian Press
- March 22, 2023 March 22, 2023
- 11:46
Quebec cuts taxes for lowest income brackets
The province is also increasing the maximum age for applying for a retirement pension to 72 from 70
- By: Richard Cloutier, Finance et Investissement Staff, The Canadian Press
- March 21, 2023 March 21, 2023
- 17:03
“Bank run-type scenario” at lifecos highly unlikely: DBRS
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
- By: IE Staff
- March 21, 2023 March 21, 2023
- 15:43
NB budget raises health-care spending by 10%
The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth
- By: Hina Alam, The Canadian Press
- March 21, 2023 March 21, 2023
- 13:56
Banks lobby for higher deposit insurance limit ahead of federal budget
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
- By: Mark Burgess
- March 21, 2023 March 21, 2023
- 13:41
Canaccord appoints former Ontario finance minister to board amid takeover tussle
New appointments come a week after four board members opposed to the takeover resigned
- By: Mark Burgess
- March 21, 2023 March 21, 2023
- 12:29
How Manulife Securities-Fidelity deal signals a larger trend
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
- By: Greg Meckbach
- March 20, 2023 March 20, 2023
- 17:49
Credit Suisse–UBS deal offers hope, but bank doubts persist
Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven
- By: Kelvin Chan, Associated Press
- March 20, 2023 December 19, 2023
- 14:25