Yellen expects inflation to remain high
At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation
- By: Fatima Hussein, The Associated Press
- June 7, 2022 June 7, 2022
- 14:36
Latest news in Industry News
World Bank dims outlook for global economy amid Russia war
For many countries, recession will be hard to avoid, the agency's president said
- By: Paul Wiseman, The Associated Press
- June 7, 2022 June 7, 2022
- 10:00
RIA names 2022 leadership award winners
The awards recognize members who advance responsible investment in Canada
- By: IE Staff
- June 6, 2022 June 6, 2022
- 16:56
Canadian AUM up 34.5%, net income down 50.5% for Canaccord
Global wealth management revenue dropped 12.5%
- By: IE Staff
- June 3, 2022 June 3, 2022
- 15:32
Feds reintroduce legislation to create disability benefit
The Finance committee also proposed an amendment to DTC eligibility in the budget implementation bill
- By: Rudy Mezzetta
- June 2, 2022 June 2, 2022
- 16:16
RBC caught up in Texas laws defending gun and fossil fuel industries
The bank's law compliance seems at odds with its environmental commitments
- By: Ian Bickis, The Canadian Press
- June 2, 2022 June 2, 2022
- 14:27
TSX launches battery metals index
The new benchmark offers insight into the energy transition, TSX CEO says
- By: IE Staff
- June 2, 2022 June 2, 2022
- 14:20
BoC open to hiking interest rates past 3%
Price pressures are broadening, the deputy governor said in a speech
- By: Christopher Reynolds, The Canadian Press, The Canadian Press
- June 2, 2022 June 2, 2022
- 12:55
Credit card spending climbs in Q1
For some households, rising interest rates and inflation may require a budget overhaul
- By: IE Staff
- June 2, 2022 June 2, 2022
- 12:48
Stagflation lite? Risk of stagflation grows, though unlikely a repeat of 1970s
‘The question is whether raising interest rates will slow inflation’
- By: Brett Bundale
- June 1, 2022 June 1, 2022
- 16:34
Feds may need to think beyond income taxes to get benefits to First Nations families
More creative approach needed: Auditor General
- By: Laura Osman, The Canadian Press
- June 1, 2022 June 1, 2022
- 16:25
Insurance industry slow to act on Gender X
“Companies are going to have to and want to change with the times,” says financial advisor
- By: Susan Goldberg
- June 1, 2022 June 1, 2022
- 16:25
Canadian interest rate now at 1.5%
Bank of Canada is 'prepared to act more forcefully if needed'
- By: The Canadian Press
- June 1, 2022 June 8, 2022
- 10:47
Federal deficit nearly $96 billion for 2021-22
The 2021-22 deficit was $95.6 billion, down from $314 billion in 2020-21
- By: The Canadian Press
- May 27, 2022 May 27, 2022
- 16:16
National Bank reports Q2 profit up from year ago, raises dividend
The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago
- By: IE staff, with files from Canadian Press
- May 27, 2022 May 27, 2022
- 15:27
Luxury vehicle tax to bring in less than $800M over five years: PBO
Parliamentary Budget Officer estimates the tax will reduce vehicle sales by a much greater amount, however
- By: Melissa Shin
- May 27, 2022 May 27, 2022
- 14:11
Commission-free trading driving satisfaction for DIY investors: J.D. Power
More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies
- By: IE Staff
- May 26, 2022 May 26, 2022
- 14:46
Retail sales essentially unchanged in March: StatCan
New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies
- By: The Canadian Press
- May 26, 2022 May 26, 2022
- 14:44
CIBC reports Q2 profit down from year ago, wealth management profit up 20%
CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter
- By: IE staff, with files from Canadian Press
- May 26, 2022 May 26, 2022
- 14:34
RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up
Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago
- By: IE staff, with files from Canadian Press
- May 26, 2022 May 26, 2022
- 12:21
AUM up 3.5% at TD Bank
Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021
- By: IE staff, with files from Canadian Press
- May 26, 2022 May 26, 2022
- 11:55
OSC withdraws some charges against former CannTrust leaders at hearing
Fraud charges remain
- By: The Canadian Press
- May 25, 2022 May 25, 2022
- 15:47
Federal Reserve officials signal rates may head to “restrictive” levels
Meeting minutes suggest half-point increases may be appropriate ahead
- By: Christopher Rugaber, The Associated Press, The Associated Press
- May 25, 2022 May 25, 2022
- 14:39
Scotiabank reports profits up on loan growth, higher interest margins
Global wealth management earnings grew 9%
- By: Ian Bickis, The Canadian Press, IE Staff
- May 25, 2022 May 25, 2022
- 12:11