GST relief on new homes could save 1st-time buyers up to $240 on mortgages: report
Economists warn it may fuel demand without fixing Canada’s supply crunch
- By: Craig Lord, The Canadian Press
- June 10, 2025 June 10, 2025
- 09:37
Economists warn it may fuel demand without fixing Canada’s supply crunch
BlackRock projects global bond ETF market will more than double to US$6 trillion in assets by 2030
Fund investors charged millions in fees on falsely inflated fund values
Bank of Canada to resume cuts next month, Fed sidelined until Q4
The agency will proactively reassess affected returns
Brokers settle allegations that investors were charged over 5% on low-value trades
Regulator to offer NVIDIA-powered platform for firms to experiment
Court certifies class action, approves settlement with counsel
New supply, slower population growth and economic uncertainty ease pressure on the market
Unlike the CDOs that sparked the financial crisis, CLOs are pooled loans to corporations
Governor sees room for central bank's mandate to expand beyond inflation
China's global exports climbed 4.8% last month, slowing from an 8.1% year-on-year increase in April
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