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Research and Markets

Consumer debt reaches record $2.5T, credit bureaus say

The pace of missed payments has slowed following recent interest rate cuts: Equifax

Research and Markets

Trump threatens sweeping new tariffs on Canada, Mexico and China

When Trump imposed higher tariffs during his first term, other countries responded with retaliatory tariffs

Canadian money
Research and Markets

Allowing a period of price declines would be ‘painful’ for Canadians: BoC official

Keeping inflation at 2% mitigates several risks, Mendes says

Canada U.S.
Research and Markets

Trump’s 25% tariff will hurt both Canada, U.S., Canadian leaders say

Tariffs to remain in place until Canada, Mexico stop drugs, people from illegally crossing borders, Trump says

Retail sales
Research and Markets

Government handouts to boost growth: Desjardins

Economic wisdom on GST holiday, rebates is questionable, economists say

Inauguration Day Washington DC
Research and Markets

U.S. policy uncertainty clouds sovereign outlook

Tax cuts, tariffs, immigration policy poses risk to economic, credit conditions: Fitch

usinesswoman studies financial market to calculate possible risks and profit
Products

Product roundup: Dynamic Funds, Desjardins roll out new funds

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

Fiera continues expansion strategy with acquisition of Charlemagne Capital
From the Regulators

Barclays drops FCA appeal, takes £40 million fine

Regulator sought sanctions over disclosure of bank's actions during financial crisis

Mining resources
From the Regulators

IOSCO seeks improved oversight of OTC markets

Review finds challenges monitoring OTC commodity derivatives

Man moving stack of coins to growing stack of coing. Concept of investment income growth.
Research and Markets

Fund sales rise, driving asset gains: IFIC

Bond mutual fund sales increase, equity funds power ETF net sales

Converting leads to prospects
Industry News

CI Financial is going private

Shareholders to get $32 per share in cash, a 33% premium relative to the last closing price

  • By: Kevin Press
  • November 25, 2024 November 25, 2024
  • 08:47
Judge's gavel with magnifying glass on black.
From the Regulators

SEC reports record financial remedies

Enforcement case volumes decline in fiscal 2024, agency says

Judge looks at papers
From the Regulators

Ex-fund rep banned for ‘obvious’ conflict of interest

Rep arranged a loan from one client to another to repay a "gang" debt

Edward Jones opens multi-advisor branches in Maritimes

Latest office launch in Halifax follows Frederiction launch earlier this autumn

Advocis resolves 2 claims of wrongful dismissal

"The matter between Mr. Pollock and his former employer has settled," counsel says

Ontario launches OMERS review

Review will look at assets, investments, not benefits or contribution rates

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

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

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

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

First stablecoin to meet CSA’s standards

Other issuers have until Dec. 31 to comply with the regulators' stablecoin rules

Ex-SEC commissioner tapped to lead agency

Trump nominates crypto advocate as next head of the SEC

Powell: Fed’s independence from politics is vital

President-elect Trump has made numerous public criticisms of the Fed, Powell

Life expectancies rise for first time in three years: StatCan

Despite the increase, the 2023 life expectancy level remains below pre-pandemic levels

M&A maintains momentum in Q3

Improving economic outlook underpins strong deal activity: Crosbie & Co.

Canada’s productivity slump deepens: StatCan

Gap with U.S. continues to grow, underpinning economic disparity