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Covid benefits helped economy rebound, but post-payment verification lacking: AG

The report said $4.6 billion went to ineligible people and another $27.4 billion should be investigated

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

Inflation edged higher in October: OECD

As energy cooled, food costs drove up consumer prices

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Big Six banks’ outlook deteriorating: Fitch

Higher net interest income may be the only bright spot for Canadian banks in 2023

Consumer debt tops $2.36 trillion in third quarter, up 7.3% from last year

The impact of rate hikes could be more visible by this time next year

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Global growth outlook for 2023 weakens

Fitch cuts world forecasts, boosts Canada's 2022 growth

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Financial stability risks rise for China: Moody’s

Troubled property sector poses growing threat to banks

Securities sector faces a mixed 2023: Fitch

Weakness in investment banking to be offset by strong trading activity

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Outlook for global banks stable in 2023: Moody’s

Margin expansion, strong balance sheets to offset rising loan losses

ISS to demand diverse directors in 2024

Proxy advisory firm adopts voting policy changes for upcoming season

Inflation gauge tracked by Federal Reserve slows to still high 6%

The monthly increase in consumer prices is the smallest since November 2021

Inflation causing price rising up, overvalued stock or funds, consumer purchasing power reducing concept, air balloon tied with product price tag flying high rising up in the sky.

Inflation in Europe eases but still in painful double digits

CPI in the 19 countries hit 10% in November, down from 10.6% in October for the first decrease since June 2021

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

Business optimism continues to slide: survey

Only 37% of respondents believed they would have more employees one year from now

As economy shifts, OTC derivatives values soar

The BIS reported that derivatives market values and credit exposures are up sharply this year

ESG concept

Fund managers heed the added risk of ESG: Fitch

Focus on greenwashing has heightened regulatory risk for ESG funds, managers

ESG letters

ESG demands shaking up asset management

Research finds institutional investors' strategies, portfolios increasingly driven by ESG concerns

U.S. banking sector facing pressure in 2023: Fitch

A U.S. recession could drive higher credit losses and hit bank earnings

business man using magnifying glass to inspect documents

ESG a credit boost for few, a burden for many: Moody’s

Governance and social factors weigh on many issuers' credit ratings

Current account turns to deficit in Q3: StatsCan

Growing services deficit and investment income turned the balance negative

Wealth managers under pressure in 2023: Fitch

Both asset values and client flows could be challenged in year ahead

The company which employing disable people will receive tax deductions benefits.

Businesses coping well with headwinds: StatsCan

Most firms to resist raising prices despite inflation and input cost challenges

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

Global housing price growth slows: BIS

Despite the recent slowdown, prices are higher than pre-pandemic levels

Inflation causing price rising up, overvalued stock or funds, consumer purchasing power reducing concept, air balloon tied with product price tag flying high rising up in the sky.

Long-term effects of rate hikes will be ‘more powerful’ than people think: Poloz

Former governor said it's "impossible to say" if the Bank of Canada is overshooting with its rate hikes

Statistics Canada says job vacancies rose 3.8% in September

The increase was largely attributable to seasonal variations, as job vacancies typically peak in September

Fund managers face gathering clouds in 2023: Fitch

Sector to confront a tough investment climate, growing macro headwinds

Asking clients the right questions to build relationships

Advisors' questions can influence how much clients share and how comfortable they are

  • By: Katie Keir
  • November 23, 2022 November 23, 2022
  • 14:08