More adjustment to come as previous rate hikes filter through the economy, Bank of Canada senior deputy governor says
Individual wealth management had net outflows of $427 million
The quarter also saw net outflows, lower AUM
The government is increasing certain tax credits and social benefits
Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges
Labour market is softening in the face of higher interest rates
Removal of competitor could raise already-elevated bank fees, report says
Some of the 59 companies avoiding tax were in the finance sector
But inventory levels remain lower than what's traditionally available for the month
New policy will apply to new rental housing units such as apartment buildings, student housing and senior residences