Cyberattacks a matter of when, not if: industry leaders
Firms should prepare and test responses, executives said at an IFIC event
- By: Melissa Shin
- May 30, 2023 May 30, 2023
- 10:36
Latest news in Industry News
Feds name three managers for $400-million social finance fund
Fund managers will receive money over the next five years to make social finance investments
- By: Mark Burgess
- May 29, 2023 May 29, 2023
- 16:04
Life insurers increase Assuris protection
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
- By: Greg Meckbach
- May 29, 2023 May 29, 2023
- 15:11
Americans should be exempt from Canada’s foreign housing tax, members of Congress say
UHT an “insulting” attack on Americans with second homes in Canada: Niagara politician
- By: The Canadian Press
- May 26, 2023 May 26, 2023
- 15:54
Federal government posts $41.3 billion deficit for 2022 23 fiscal year
Debt charge rose 42% from 2021-22 because of rate hikes, revenues up 8.6%
- By: The Canadian Press
- May 26, 2023 May 26, 2023
- 15:22
U.K.’s Treasury chief accepts that recession may be necessary to get inflation down
“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News
- By: Pan Pylas, The Associated Press
- May 26, 2023 May 26, 2023
- 14:23
A measure of inflation that is closely tracked by the Federal Reserve increased in April
Inflation “too sticky,” BoA analyst says as new data show prices increased 4.4% year over year
- By: Christopher Rugaber, The Associated Press
- May 26, 2023 May 26, 2023
- 14:04
Prince Edward Island government forecasts $98 million deficit in annual budget
Housing is one of the provincial government’s three priorities
- By: Hina Alam, The Canadian Press
- May 26, 2023 May 26, 2023
- 11:19
Data breach victims include Empire Life
The breach, which affected clients of InvestorCOM, has compromised information related to Empire Life's seg funds and mutual funds
- By: Greg Meckbach
- May 25, 2023 May 25, 2023
- 16:33
Threat of U.S. credit downgrade looms over debt ceiling talks
The stakes are growing in the standoff in Washington over raising the nation's debt limit
- By: Christopher Rugaber, The Associated Press, Paul Wiseman, The Associated Press
- May 25, 2023 May 25, 2023
- 15:17
Regulators warn investors of advisor impersonators
Fraudsters are posing as registered individuals
- By: IE Staff
- May 25, 2023 May 25, 2023
- 14:34
How to leverage — not loathe — compliance
Demonstrate and discuss your regulatory requirements with clients, IFB says
- By: Michelle Schriver
- May 25, 2023 May 25, 2023
- 12:26
Economic headwinds weigh on bank results as more money set aside for bad loans
Rising costs and slower loan growth are also challenges
- By: Ian Bickis, The Canadian Press
- May 25, 2023 May 25, 2023
- 12:18
BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings
'Challenging market conditions' and 'shifting environment' said to be putting pressure on revenue growth
- By: Ian Bickis, The Canadian Press
- May 24, 2023 May 24, 2023
- 13:24
What are the FHSA qualifying withdrawal rules?
The holder needs a written agreement to buy or build home to make a tax-free withdrawal
- By: Rudy Mezzetta
- May 23, 2023 May 19, 2023
- 08:30
Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month
Bank failures may cause lending reduction but inflation remains well above 2% target
- By: Christopher Rugaber, The Associated Press
- May 19, 2023 May 19, 2023
- 15:26
Seg fund DSC ban on track across Canada: CCIR
Ban should apply in provinces that have yet to announce it, regulators say
- By: Greg Meckbach
- May 19, 2023 May 19, 2023
- 12:53
Statistics Canada reports retail sales down 1.4% in March, but core sales up 0.3%
Sales at gasoline stations and fuel vendors dropped 3.9%
- By: The Canadian Press
- May 19, 2023 May 19, 2023
- 11:40
What are the FHSA eligibility rules?
Even homeowners can open an FHSA in some cases
- By: Rudy Mezzetta
- May 19, 2023 May 23, 2023
- 10:40
FP Canada names top CFP exam writers from February
259 people wrote the exam
- By: IE Staff
- May 18, 2023 May 18, 2023
- 16:53
OSC seeks applications for investor advisory panel
The deadline is June 15
- By: IE Staff
- May 18, 2023 May 18, 2023
- 15:23
Feds finalize agreements lowering credit card transaction fees for small biz
Businesses are expected to save $1 billion over five years
- By: The Canadian Press
- May 18, 2023 May 18, 2023
- 15:12
Hike? Pause? Fed officials are split about next move
Stubbornness of high inflation divides Federal Reserve on managing interest rates
- By: Christopher Rugaber, The Associated Press, The Associated Press
- May 18, 2023 May 18, 2023
- 12:55
B.C. team wants to return millions to rightful owners
Organization reunites people with unclaimed money in old bank accounts
- By: Ashley Joannou, The Canadian Press
- May 18, 2023 May 18, 2023
- 12:41
Bank execs blame panicked depositors for SVB, Signature failures
Former CEO Greg Becker told a senate hearing that SVB was the victim of a social media-driven bank run
- By: Ken Sweet
- May 16, 2023 May 16, 2023
- 16:23