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Industry groups come out strongly against Ottawa’s proposed tax changes
Research and Markets

Canada is already examining tariffs on certain U.S. items following Trump’s tariff threat

A Canadian government official said Ottawa is preparing for every eventuality

Chart showing ups and downs of stock market
Products

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

Crypto currency
From the Regulators

FCA reveals roadmap to crypto regulation

Regulator lays out plans for rule consultations with new regime due in 2026

Responsive team
From the Regulators

FINTRAC aiming to provide crucial info in real time

Agency will work with businesses and federal partners to move more quickly in the fight against money laundering and terrorist financing

Donation grant
From the Regulators

Christmas comes early for FAIR Canada

OSC provides investor advocate with $11 million in funding over six years

Canada US
Research and Markets

Canada should play ball with Trump: NBF

Faced with tariff threat, Canada should adjust policy to secure access to U.S. market, report says

inflation at the grocery store
Research and Markets

Inflation gauge ticks higher in U.S.

Price pressures prove stubborn, a sign that inflation's steady decline over the past two years has stalled in recent months

U.S. economy
Research and Markets

U.S. economy grows at 2.8% pace in third quarter

GDP report still showed that the American economy is proving surprisingly durable

People icon
Research and Markets

Number of Americans filing for jobless benefits falls again

Applications fell by 2,000 to 213,000 for the week of Nov. 23, near seven-month lows

Merger acquisition
Research and Markets

Trump administration could usher new wave of M&A activity

Wall Street is betting corporate dealmaking could bounce back next year with lower rates, looser scrutiny

Piggy banks on stacks of gold coins
From the Regulators

OSC, CIRO to review banks’ sales practices

Regulators cite concerns about high-pressure sales tactics in bank branches

map of Canada with a hand underneath
Research and Markets

Trudeau, premiers to meet Wednesday after Trump trade threat

Ontario's premier called the tariff threats serious, unfounded

Businessman holding tablet with graphs
Research and Markets

Outlook for global fund sector improving: Fitch

Easing economic, financial conditions point to growth for fund managers

Scotiabank reports $1.69B Q4 profit, up from $1.35B a year ago

Scotiabank earned $1.57 per diluted share on an adjusted basic, up from $1.23 a year ago

Tech roundup: Webull Canada extends trading hours

And other insurtech and wealthtech news

  • December 2, 2024 December 2, 2024
  • 12:20

Questrade lays off undisclosed number of employees

The cuts are not reflective of the state of the underlying business, the firm says

Industry moves this week

Roy Gori of Manulife and Blair Morrison of BCFSA to retire in 2025, plus other news

Stephen Harper appointed to oversee Alberta’s $160B AIMCo fund

Move comes almost two weeks after the province's finance minister fired the Crown agency's entire board

Industry moves this week

New CFO for RF Capital, plus other executive-level moves

Product roundup: Dynamic Funds, Desjardins roll out new funds

Plus, T. Rowe Price launches target-date portfolio series in Canada

Bitcoin ticks closer to US$100,000 following U.S. elections

The surge comes just two years after the collapse of crypto exchange FTX

Product roundup: J.P. Morgan Asset Management eyes private markets

Plus, product launches from Manulife, Picton Mahoney and LongPoint

Robo advisor sanctioned over CFR shortcomings

Compliance sweep in 2022 found WealthBar wasn't meeting new standards

The wild west of crypto enforcement

Given misconduct worth somewhere between $1.6 million and $94 million, BCSC panel takes a shot at valuing crypto disgorgement

Ex-fund rep fined, banned over theft

Rep admitted to misappropriating money from investment and insurance clients

Exchanges, clearing agencies to thrive in 2025

Sector to enjoy strong volumes, diversification, helpful regulation: Fitch

Europe’s declining growth prospects: Moody’s

Absent reform, region faces serious demographic, productivity challenges

Banks head into Q4 with investors looking for better days ahead

The S&P TSX bank index is up about 12% since last quarter’s results