Get ready for interest rates to climb ‘a lot higher,’ says First Trust economist
Inflation will ‘continue to be an issue’ until U.S. gets money supply under control, ETF Institute attendees heard
- By: Greg Meckbach
- June 17, 2022 June 17, 2022
- 15:29
Latest news in Industry News
Freeland touts previously announced measures to combat hot inflation
The finance minister highlighted the feds' planned spending of nearly $9 billion in support this year
- By: The Canadian Press
- June 16, 2022 June 16, 2022
- 13:54
Bank of England hikes interest rates but resists bolder move
The decision aims to contain inflation without choking off economic growth, the central bank said
- By: Danica Kirka, The Associated Press, The Associated Press
- June 16, 2022 June 16, 2022
- 12:58
Wealthsimple lays off 13% of workforce
The company will now focus more heavily on core businesses, like investing and banking
- By: Tara Deschamps, The Canadian Press
- June 15, 2022 June 15, 2022
- 17:24
Planning for retirement amid persistent inflation
Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees
- By: Rudy Mezzetta
- June 15, 2022 June 9, 2022
- 15:00
CIBC endows sustainable finance chair at Schulich
New position at York U business school aims to bring industry and academia together for climate fight
- By: James Langton
- June 15, 2022 June 15, 2022
- 14:36
Fed attacks inflation with its largest rate hike since 1994
The Federal Reserve hiked its benchmark short-term rate to a range of 1.5% to 1.75%
- By: Christopher Rugaber, The Associated Press
- June 15, 2022 June 15, 2022
- 14:16
Giving sustainability standards a Canadian flavour
Standards setters endorse creation of home-grown sustainability board
- By: James Langton
- June 15, 2022 June 15, 2022
- 13:46
U.S. retail sales in May slip 0.3% amid surging inflation
Furniture sales drop 1%, while price increases account for 1.2% rise in food store sales
- By: Anne D’Innocenzio
- June 15, 2022 June 15, 2022
- 12:37
May home sales down 22% since last year, 9% from April: CREA
“Market expectations began crumbling,'' said Robert Kavcic of BMO Capital Markets
- By: Tara Deschamps, The Canadian Press
- June 15, 2022 June 15, 2022
- 12:24
Benchmark consultation extended
Deadline for potential term CORRA consultation extended to June 30
- By: James Langton
- June 14, 2022 June 14, 2022
- 17:26
FP Canada wants 4 more provinces to embrace title reg by 2025
Three-year strategic plan aims to support the organization's goal of making financial planning widely accessible by 2030
- By: IE Staff
- June 14, 2022 June 14, 2022
- 16:13
Rating your fund’s greenness: easier said than done
It's not easy to get agreement on what is green and what is not green, said a Responsible Investment Association conference speaker
- By: Greg Meckbach
- June 14, 2022 June 14, 2022
- 11:23
Nearly 1 in 4 homeowners would have to sell if interest rates rise more
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
- By: The Canadian Press
- June 13, 2022 June 13, 2022
- 15:28
Bitcoin plunges as major crypto lender halts operations
Celsius Network stopped withdrawals and transfers between accounts
- By: Ken Sweet, The Associated Press
- June 13, 2022 June 13, 2022
- 14:45
Hot inflation dims likelihood Fed can achieve “soft landing”
Concern grows that interest rate hikes could tip U.S. economy into recession
- By: Christopher Rugaber, The Associated Press, The Associated Press
- June 13, 2022 June 13, 2022
- 14:29
Values-based conversations key to ESG investing and KYC requirements
An RIA panel discussed the challenges and opportunities of integrating ESG considerations into know-your-client procedures
- By: Daniel Calabretta
- June 13, 2022 June 13, 2022
- 11:28
Don’t get too far into the weeds of ESG terminology
Whether the label is 'responsible' or 'sustainable' investing, focus on the approaches and not the title, an RIA conference speaker said
- By: Greg Meckbach
- June 10, 2022 June 10, 2022
- 13:36
Canadian unemployment falls to 5.1%
‘The Canadian economy is operating beyond full employment,’ TD economist says
- By: The Canadian Press
- June 10, 2022 June 10, 2022
- 11:57
Prepare for riskier, more volatile future, Poloz says
Clients face a "rising tide" of risk in the coming years, the former BoC governor said at Franklin Templeton's symposium
- By: Michelle Schriver
- June 9, 2022 June 9, 2022
- 15:42
Europe’s central bank to hike rates in July for first time in 11 years
The ECB will raise rates by a quarter-point in July and left open the possibility of a more drastic, half-point hike in September
- By: The Associated Press
- June 9, 2022 June 9, 2022
- 10:13
Is my client’s RRSP protected if they go bankrupt?
Creditor account protection across Canada is a jurisdictional maze
- By: Jeff Buckstein
- June 8, 2022 June 8, 2022
- 14:00
Investors bring climate fight to top TSX polluters
Group targets 40 companies to lead transition to low-carbon economy
- By: James Langton
- June 8, 2022 June 8, 2022
- 10:42
Financial industry asks feds for more guidance on FHSA
Firms face tight deadline to launch new registered plan next year
- By: Rudy Mezzetta
- June 7, 2022 June 8, 2022
- 16:57
As Covid recedes, investment industry faces challenges from markets and personnel
An industry panel broke down the changing environment
- By: Mark Burgess
- June 7, 2022 June 7, 2022
- 15:37