Industry News | Investment Executive Canada's news source for financial professionals Wed, 29 Apr 2026 21:08:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://old.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Industry News | Investment Executive 32 32 Powell plans to stay on at Fed after his term as chair ends https://old.investmentexecutive.com/news/powell-plans-to-stay-on-at-fed-after-his-term-as-chair-ends-citing-legal-actions-by-administration/ Wed, 29 Apr 2026 18:24:31 +0000 https://www.investmentexecutive.com/?p=537596 The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday

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]]> Corient plans expansion into Canada https://old.investmentexecutive.com/news/corient-plans-expansion-into-canada/ Wed, 29 Apr 2026 17:50:59 +0000 https://www.investmentexecutive.com/?p=537558 U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market

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]]> Foreign direct investment in Canada up 6.9% in 2025 https://old.investmentexecutive.com/news/foreign-direct-investment-in-canada-up-6-9-in-2025/ Wed, 29 Apr 2026 16:46:17 +0000 https://www.investmentexecutive.com/?p=537511 Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion

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]]> Newfoundland and Labrador budget projects $688-million deficit https://old.investmentexecutive.com/news/newfoundland-and-labrador-budget-projects-688-million-deficit/ Wed, 29 Apr 2026 14:58:24 +0000 https://www.investmentexecutive.com/?p=537544 The budget forecasts a net debt of $20.8 billion by the end of the 2026-27 fiscal year

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]]> Kevin Warsh heads to full Senate vote after Trump’s nominee for Fed Chair is approved in committee https://old.investmentexecutive.com/news/kevin-warsh-heads-to-full-senate-vote-after-trumps-nominee-for-fed-chair-is-approved-in-committee/ Wed, 29 Apr 2026 14:54:52 +0000 https://www.investmentexecutive.com/?p=537541 All Republican senators voted in favour and Democrats opposed

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]]> Deficit falls to $66.9B for 2026 spring economic update https://old.investmentexecutive.com/news/deficit-falls-to-66-9b-for-2026-spring-economic-update/ Tue, 28 Apr 2026 21:17:30 +0000 https://www.investmentexecutive.com/?p=537458 Lower CPP contributions, an extended first time home buyers’ plan grace period and other tax measures tabled in Ottawa

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]]> CFIB urges feds to support succession planning for small biz https://old.investmentexecutive.com/news/cfib-urges-feds-to-support-succession-planning-for-small-biz/ Mon, 27 Apr 2026 19:41:24 +0000 https://www.investmentexecutive.com/?p=537321 Ahead of spring economic statement, small business group calls for measures to counter shrinking entrepreneurship

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]]> Tech roundup: Two banks launch AI initiatives https://old.investmentexecutive.com/news/industry-news/tech-roundup-two-banks-launch-ai-initiatives/ Fri, 24 Apr 2026 13:00:26 +0000 https://www.investmentexecutive.com/?p=537030 Plus, other software updates and a partnership

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]]> New Brunswick sets goal of boosting economy by 10% by 2030 https://old.investmentexecutive.com/news/new-brunswick-sets-goal-of-boosting-economy-by-10-by-2030/ Thu, 23 Apr 2026 20:01:33 +0000 https://www.investmentexecutive.com/?p=537103 It also wants to increase labour productivity by 3.3%

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]]> Prescribed rate to remain 3% in Q3 for fifth consecutive quarter https://old.investmentexecutive.com/news/prescribed-rate-to-remain-3-in-q3-for-fifth-consecutive-quarter/ Wed, 22 Apr 2026 18:18:51 +0000 https://www.investmentexecutive.com/?p=536962 Interest rate on overdue tax will remain 7% in Q3

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