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People

Industry moves this week

2025 board members named for key OSC committee, FID, while IFBC’s Susan Allemang retires after 20 years

House of commons
Industry News

Liberal tax promise tracker, post–fall economic statement

A look at the status of selected tax proposals from the Trudeau government

Man signs a mortgage
Industry News

Canadians saved $4.2M under FCAC mortgage relief guideline

Number of variable-rate mortgages with fixed payments in negative amortization decreased for four straight quarters

National Bank
Industry News

National Bank gets final approval for Canadian Western Bank takeover

The roughly $5-billion deal is set to close Feb. 3

hand holding a megaphone
Industry News

CPA Canada split from Ontario, Quebec groups becomes official

Affected CPAs will have the option to become members of the national group

consultation discussion
From the Regulators

TSX proposes trading rule reforms

Exchange seeks change to dark trading price improvement rules, feedback on unintentional crosses

Business lawyer team. Working together of lawyer in the meeting.
From the Regulators

FINRA orders restitution to fund investors

Firms failed to ensure that investors got fund fee rebates, waivers

Judge looks at papers
From the Regulators

Archegos founder gets 18-year sentence in the U.S.

Bill Hwang sentenced over hedge fund collapse that torched Wall Street

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
From the Regulators

U.S. trade reporting violations spark sanctions

Trio of firms sanctioned for regulatory reporting issues

Concept of financial data and stock market trading
Research and Markets

Fund sales climb, assets surge in November: IFIC

ETF net sales set a year-to-date record

People

Mutual Fund Manager of the Year beats benchmark by seeking safety

The Dynamic Precious Metals Fund has outperformed its category and index over one, three, five and 10-year periods

map of Canada with a hand underneath
Industry News

Trudeau shuffles cabinet as his government faces new election threat

Ginette Petitpas-Taylor named president of the Treasury Board, Élisabeth Brière becomes national revenue minister

Canadian money
Industry News

Federal government posts $14.5B deficit for April-to-October period

That's compared to a $15.1B deficit over the same period last year

Do not claw back the Canada Disability Benefit: feds

Newfoundland and Labrador will increase support for people with disabilities

CPPIB spending $690M for minority stake in software firm Regnology

The firm makes software focused on regulatory reporting solutions for financial institutions

FSRA finds ‘high incidence’ of life agents who don’t follow best practices

Reviews of 319 insurance advisors in Ontario raise consumer protection concerns

Ottawa names new president and CEO of Export Development Canada

Alison Nankivell succeeds Mairead Lavery

Industry moves this week

Joanna Rotenberg to head up new Vanguard division, plus appointments at Ninepoint and CIRO

Industry moves this week

A mix of executive and advisor moves were announced

  • By: Katie Keir
  • December 5, 2024 December 19, 2024
  • 14:18

Canada’s ETF market grows even more crowded

More than 180 new ETFs have made their trading debut on Canadian exchanges so far in 2024

  • By: Rudy Luukko
  • December 6, 2024 December 6, 2024
  • 12:31

Canada-listed ETFs now have more than half a trillion dollars in AUM: report

The products gathered $9.2B in November alone

Low costs, potential gains increasingly drawing investors to active ETFs

This year, 71% of new ETF launches have been actively managed, according to Bloomberg Intelligence

AMF annual fee increases announced for 2025

Fee increases are between 1.6% and 2.85%, effective Jan. 1

Competition Bureau clarifies expectations around new greenwashing rules

New laws were passed in June requiring companies to substantiate environmental claims

Proposed Alberta Pension Plan not entitled to 53% of CPP assets: OSFI

Chief actuary says LifeWorks did not "respect the textual indications of the legislation"

Small businesses more optimistic about U.S. economy after election: survey

NFIB’s small biz optimism index rises to its highest reading since June 2021

Prepare for liftoff: Tariffs, tech stocks and the space economy

Move to dividend-payers from GICs could be big trade of 2025

  • By: IE Staff
  • December 24, 2024 December 24, 2024
  • 10:51

Canadian dollar to continue downward trend: economists

The loonie has been trading below 70 cents US in recent weeks