Fed minutes: Officials cited strong hiring to justify hikes
Risks remained that inflation could stay higher than expected
- By: Christopher Rugaber, The Associated Press
- January 4, 2023 January 4, 2023
- 14:23
Latest news in Industry News
CIBC to appeal New York court liability ruling in Cerberus lawsuit
Bank expects to record $850-million after-tax provision in Q1
- By: The Canadian Press
- January 4, 2023 January 4, 2023
- 11:30
FTX founder Sam Bankman-Fried pleads not guilty to fraud
A tentative trial date of Oct. 2 has been set
- By: Larry Neumeister, The Associated Press
- January 3, 2023 January 3, 2023
- 15:44
High costs challenge small businesses amid slower inflation
Three in four CFIB poll respondents said fuel, energy costs create hardship
- By: IE Staff
- December 29, 2022 December 29, 2022
- 15:20
Federal government posts $0.2 billion deficit for April to October period
Revenues up 17.6%, expenses down 15.6% from first seven months of 2021
- By: The Canadian Press
- December 23, 2022 December 23, 2022
- 12:35
After a strong year for the economy, 2023 will be shaped by high interest rates
TD expects inflation will fall next year but no consensus on whether BoC will hike rates further
- By: Nojoud Al Mallees, Canadian Press
- December 23, 2022 December 23, 2022
- 12:28
An inflation measure watched by the Fed eases to 5.5%
U.S. personal consumption expenditures up 0.1% in November from October
- By: Paul Wiseman, The Associated Press
- December 23, 2022 December 23, 2022
- 10:56
Canadian economy grew by 0.1% in October, Statistics Canada says
Gains in spectator sports, decline in mining, oil and gas
- By: The Canadian Press
- December 23, 2022 December 23, 2022
- 10:47
FTX founder Bankman-Fried makes first U.S. court appearance
The cryptocurrency entrepreneur was allowed $250-million bond and house arrest
- By: Larry Neumeister, The Associated Press, The Associated Press
- December 22, 2022 December 22, 2022
- 12:32
Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly
Mortgage interest costs up 14.5%
- By: Nojoud Al Mallees, Canadian Press
- December 21, 2022 December 21, 2022
- 10:19
CWB Wealth seeks to win business-owner clients
The bank hopes the recent merger of its private wealth firms will allow them to stand out in a crowded marketplace
- By: Rudy Mezzetta
- December 21, 2022 December 21, 2022
- 09:30
FTX founder agrees to extradition to U.S., attorney says
Bahamian authorities arrested Bankman-Fried last Monday at the request of the U.S. government
- By: The Associated Press
- December 19, 2022 December 19, 2022
- 16:45
Fewer candidates wrote QAFP exam in October
Numbers drop after introduction of post-secondary requirement
- By: Michelle Schriver
- December 16, 2022 December 16, 2022
- 16:30
Fall economic statement bill receives royal assent
First home savings account, anti-flipping rule are now law as Bill C-32 passes
- By: Rudy Mezzetta
- December 16, 2022 December 16, 2022
- 13:13
U.S. recession a growing fear as Fed plans to keep rates high
Central bank will either “break inflation” or “break the economy''
- By: Paul Wiseman and Stan Choe, The Associated Press
- December 16, 2022 December 16, 2022
- 11:15
Minimum qualifying rate for uninsured mortgages remains steady
OSFI keeps key mortgage stress test rate unchanged
- By: The Canadian Press
- December 15, 2022 December 15, 2022
- 10:05
Industry moves this week
A variety of announcements were made
- By: Katie Keir
- December 15, 2022 December 15, 2022
- 09:34
OSC says no reasonable prospect of conviction in CannTrust case
The quasi-criminal case is the regulator's first court proceeding involving a publicly traded cannabis company
- By: Tara Deschamps, The Canadian Press
- December 14, 2022 December 14, 2022
- 15:35
FINRA sees surge in ransomware attacks
Criminals increasingly target small, mid-sized firms, SRO reports
- By: James Langton
- December 14, 2022 December 14, 2022
- 15:11
Fed raises key rate by half point and signals more to come
Key rate range could top 5% in 2023
- By: Christopher Rugaber, The Associated Press
- December 14, 2022 December 14, 2022
- 14:38
How to turn social media leads into clients
Fewer than one-third of advisors surveyed had a defined marketing strategy
- By: IE Staff
- December 14, 2022 December 14, 2022
- 14:02
U.K. inflation eases, remains close to 40 year high
At 10.7%, British inflation higher than 7.1% in U.S.
- By: Danica Kirka, The Associated Press
- December 14, 2022 December 14, 2022
- 13:19
Indexed tax brackets, credits provide 2023 planning opportunities
Income tax thresholds, credits and benefit amounts are all rising with inflation
- By: Rudy Mezzetta
- December 13, 2022 December 13, 2022
- 16:41
IGM partners with online mortgage lender Nesto
The investment will allow IG advisors to integrate mortgages with financial plans
- By: IE Staff
- December 13, 2022 December 13, 2022
- 12:38
Benchmark transition to start in January
Inter-dealer derivatives to begin using CORRA instead of CDOR
- By: James Langton
- December 9, 2022 December 9, 2022
- 16:44