RBC’s McKay says too much of Canada’s economy put under ‘bubble wrap’
Bank CEO says governments need to become less risk-averse
- By: Lauren Krugel, The Canadian Press
- October 8, 2025 October 9, 2025
- 16:56
Bank CEO says governments need to become less risk-averse
Stock market valuations are comparable to the dot-com peak in 2000, says Bank of England
“A few” said they could have supported keeping rates steady
Plus a corporate bond fund, mortgage life insurance and ETFs
Unemployment key to credit quality, lenders' bottom lines
Trade Minister Dominic LeBlanc still in talks on steel, aluminum and energy
Global economy is forecast to grow by 3% this year, but full tariff effect yet to unfold
Infrastructure spending expected to boost economy
Group of 27 members has 30 days to craft recommendations for national AI strategy
The pref market took a beating in 2022, but it has enjoyed an extended recovery since
Regulator flags 22% rise in agent misconduct reports filed by insurers, MGAs
FDIC, OCC propose to focus on financial risks, ignore reputation risk
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales