Banks set to report as investors focus on interest rates, capital requirements
Household debt concerns put upward pressure on capital ratios
- By: Ian Bickis, The Canadian Press
- February 22, 2023 February 22, 2023
- 11:26
Latest news in Industry News
CIBC agrees to settle Cerberus lawsuit for US$770 million
CIBC says it recorded a pre-tax provision of $1.17 billion related to the settlement in its Q1 results
- By: The Canadian Press
- February 21, 2023 February 21, 2023
- 14:03
Fed’s Barkin: “Slow progress” on inflation, sees more hikes
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
- By: Christopher Rugaber, The Associated Press
- February 17, 2023 February 17, 2023
- 14:52
High gas prices may have curbed downward inflation trend in January: economists
TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation
- By: Nojoud Al Mallees, Canadian Press
- February 17, 2023 February 17, 2023
- 13:05
Liberal tax promise tracker, pre-budget update
Here's the status of tax promises and proposals that matter to your clients
- By: Melissa Shin
- February 17, 2023 February 23, 2023
- 12:34
Persistently high inflation makes businesses less competitive: BoC’s Beaudry
Economic “distortions” result when inflation remains above 2% target
- By: The Canadian Press
- February 17, 2023 February 17, 2023
- 10:03
Oppose Canada’s “xenophobic” foreign property tax, U.S. critics urge Biden admin
Canadian UHT “unnecessary burden,” offside USMCA: Congress member
- By: James McCarten, The Canadian Press
- February 16, 2023 February 16, 2023
- 14:52
Manulife net income slips in Q4 but up for 2022 as a whole
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year
- By: IE staff, with files from Canadian Press
- February 16, 2023 February 16, 2023
- 13:00
Macklem says economy still overheated and jobs market is too tight
BoC ready to raise rates further if inflation sticks around
- By: Nojoud Al Mallees, Canadian Press
- February 16, 2023 February 16, 2023
- 12:49
Cautious but steady consumers buoying hopes for U.S. economy
Wage demands could moderate with economy in “middling phase”
- By: Anne D’innocenzio and Christopher Rugaber, The Associated Press
- February 16, 2023 February 16, 2023
- 12:34
IA Financial Group aiming for dual-registered “one wealth” strategy
Wealth leader Stephan Bourbonnais wants the iA businesses to lead the way in the new self-regulatory regime
- By: Katie Keir
- February 15, 2023 February 15, 2023
- 13:48
Canadian labour market shows no signs of slowing despite high interest rates
Annual wage growth drops to 4.5%, below inflation rate of 6.3%
- By: Nojoud Al Mallees, Canadian Press
- February 10, 2023 February 10, 2023
- 11:37
U.K. economy stagnates during final three months of 2022
Britain dodged two consecutive shrinking quarters, GDP grew 0.4% in 2022
- By: Danica Kirka
- February 10, 2023 February 10, 2023
- 11:30
Great-West Lifeco reports earnings of $892M, raises dividend 6%
The result beat expectations
- By: IE staff, with files from Canadian Press
- February 9, 2023 February 9, 2023
- 15:18
CPP Investments earned 1.9% net return in Q3
The pension fund manager's return was negative for its first three quarters
- By: The Canadian Press
- February 9, 2023 February 9, 2023
- 15:01
Sun Life Financial reports net income of $951 million for Q4 2022
Assets under management dropped 8% in 2022
- By: IE staff, with files from Canadian Press
- February 9, 2023 February 9, 2023
- 09:28
Labour shortages could push up wages, “reignite inflation” in long run, report warns
Prospective employees "will have more muscle," RBC Economics predicts
- By: The Canadian Press
- February 8, 2023 February 8, 2023
- 16:17
Hot economy, inflation were at crux of BoC’s last rate decision: summary
Unanimous agreement that central bank's action to date had been forceful
- By: The Canadian Press
- February 8, 2023 February 9, 2023
- 14:37
Many investors avoiding markets heading into RRSP season, finds survey
Amid such conditions, Canadians now expect to need $1.7M in order to retire
- By: Amanda Stephenson, Canadian Press, IE Staff
- February 7, 2023 February 7, 2023
- 11:50
National Bank sells in-house financial planning tool to IT vendor
AdviceSuite to be incorporated into CGI Wealth360
- By: Greg Meckbach
- February 3, 2023 February 3, 2023
- 16:37
TRREB sees GTA home prices flatten, but realtors detect return of market activity
Few want to sell, fewer looking to buy, January sales down 44.6% year over year
- By: Tara Deschamps, The Canadian Press
- February 3, 2023 February 3, 2023
- 14:55
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
Policymakers hope to bring down inflation by reducing job openings
- By: Paul Wiseman, The Associated Press
- February 3, 2023 February 3, 2023
- 11:15
BoE rate hike says “too soon to declare victory”
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
- By: Danica Kirka, The Associated Press, The Associated Press
- February 2, 2023 February 2, 2023
- 14:57
Feds’ share buyback tax to generate $3B over five years: PBO
Liberals said they will release details about the 2% tax in Budget 2023
- By: Rudy Mezzetta
- February 2, 2023 February 2, 2023
- 13:41
Hub Financial acquires BridgeForce in Ontario
Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said
- By: IE Staff
- February 2, 2023 February 2, 2023
- 13:21