ECB hikes rates, vows “we are not done”
The increase comes even as the European economy slows
- By: David McHugh, The Associated Press
- February 2, 2023 February 2, 2023
- 10:17
Latest news in Industry News
More than 100 organizations sign CFA Institute diversity code
Asset managers representing US$11.2 trillion in AUM have signed the code
- By: IE Staff
- February 1, 2023 February 1, 2023
- 11:14
Canadian pension returns down 10.3% in 2022: RBC
Equities bounced back but fixed income remained weak amid restrictive monetary policy
- By: Maddie Johnson
- February 1, 2023 February 1, 2023
- 11:09
WCM’s Return to Bay Street program opens applications
The program to reintegrate experienced women into the financial industry has three hiring cycles this year
- By: IE Staff
- February 1, 2023 February 1, 2023
- 10:37
Canaccord Genuity buying Mercer’s Canadian private wealth business
The deal comes as Canaccord's management looks to take the firm private
- By: IE staff, with files from Canadian Press
- February 1, 2023 February 1, 2023
- 10:12
Prescribed rate set to rise, again, in Q2
The increase represents the fourth consecutive quarter that the rate has climbed
- By: Rudy Mezzetta
- February 1, 2023 February 1, 2023
- 09:53
IMF upgrades outlook for the global economy in 2023
Output should grow 2.9%, global inflation should fall to 6.6%
- By: Paul Wiseman, The Associated Press
- January 31, 2023 January 31, 2023
- 12:12
FP Canada lobbying feds for financial planning tax credit
The organization wants to improve lower-income earners' access to planning
- By: Mark Burgess
- January 31, 2023 January 31, 2023
- 11:36
Europe scrapes out economic growth by dodging gas disaster
3.5% growth could mask private consumption contraction
- By: David Mchugh, The Associated Press
- January 31, 2023 January 31, 2023
- 11:32
Canadian economy grew slightly in November, expected to slow further
Annualized Q4 growth at 1.6%, slowdown in housing-related orders
- By: Nojoud Al Mallees, Canadian Press
- January 31, 2023 January 31, 2023
- 10:58
Federal government posts $3.6 billion deficit between April and November
Rate hikes, inflation drive public debt charge up 36.8%
- By: The Canadian Press
- January 27, 2023 January 27, 2023
- 13:13
U.S. inflation and consumer spending cooled in December
Prices up 5% year over year, consumer spending down 0.2% from November
- By: Christopher Rugaber, The Associated Press
- January 27, 2023 January 27, 2023
- 10:44
As BoC takes pause from hiking rates, attention turns to labour market
Economists expect unemployment to rise as businesses and consumers curb spending
- By: Nojoud Al Mallees, Canadian Press
- January 26, 2023 January 26, 2023
- 13:23
Manulife partners with Cleveland Clinic Canada
The collaboration aims to promote better health outcomes within group benefits
- By: IE Staff
- January 26, 2023 January 26, 2023
- 12:37
National Bank’s head of wealth management to retire
Denis Girouard will step in for Martin Gagnon until a successor is named
- By: IE Staff
- January 26, 2023 February 17, 2023
- 11:53
Bank of Canada raises interest rates, says it will take a “conditional” pause
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024
- By: Nojoud Al Mallees, Canadian Press
- January 25, 2023 January 25, 2023
- 10:38
Fiscal room tightening as economy teeters, associate finance minister says
Pressures include provinces’ healthcare funding requests
- By: Mia Rabson, The Canadian Press, The Canadian Press
- January 25, 2023 January 26, 2023
- 10:29
FSRA releases draft operational risk guidance for credit unions
The proposed guidance is out for comment until March 31
- By: Greg Meckbach
- January 24, 2023 January 24, 2023
- 15:22
Crypto firms acted like banks, then collapsed like dominoes
In less than 12 months, nearly all the biggest lenders have failed spectacularly
- By: Ken Sweet
- January 24, 2023 January 24, 2023
- 12:44
BoC expected to deliver eighth consecutive rate hike, but it’s probably the last one
“If things get out of hand” BoC “might have to raise rates again,” says TD’s Orlando
- By: Nojoud Al Mallees, Canadian Press
- January 20, 2023 January 20, 2023
- 15:36
Canadian retail sales fell 0.1% to $61.8 billion in November
Better than expected, new auto sales still increasing
- By: Brett Bundale
- January 20, 2023 January 20, 2023
- 12:56
FP Canada names top performers of latest CFP exam
The three candidates were among 507 exam writers
- By: IE Staff
- January 19, 2023 January 19, 2023
- 15:47
TD Bank Group says Charles Schwab investment will add $285M to Q1 profit
TD holds a 12% stake in Schwab
- By: The Canadian Press
- January 19, 2023 January 19, 2023
- 15:29
TD says Barbara Hooper to lead Canadian business banking
Longtime head Paul Douglas is stepping back from daily operations
- By: The Canadian Press
- January 19, 2023 January 19, 2023
- 14:20
Big Six banks face challenging 2023: DBRS Morningstar
Indebted consumers, slower economic growth, potential for recession are key factors in play
- By: IE Staff
- January 19, 2023 January 20, 2023
- 13:37