Income growth slides in first quarter: OECD
Household income growth rates slow alongside GDP
- By: James Langton
- August 7, 2025 August 7, 2025
- 14:29
Household income growth rates slow alongside GDP
Big negative revisions in trade-exposed sectors points to economic fallout from tariffs
Manulife intends to cobrand the private credit platform
The insurer reported $1.6 trillion in assets under management at quarter end
Weekly claims rise by 7,000, but still within historically low range
But surviving cancer doesn't preclude clients from applying for life insurance
Economists believe the impact of tariffs will emerge gradually, over the months ahead
The Monetary Policy Committee voted 5–4 in favour of the move
Premiers split on Canada’s next move as U.S. hits goods with 35% tariffs
Trade deal is sheltering many exporters from the headline tariff rates
Regulator to consult on disclosure rules for issuers, improve existing regime
Canadian exchanges among foreign venues expanding role in Aussie markets
Individual insurance sales rose 5% relative to one year ago
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