OSFI streamlines structure
Federal financial regulator goes from six divisions to four in new org chart
- By: James Langton
- June 3, 2025 June 3, 2025
- 09:34
Federal financial regulator goes from six divisions to four in new org chart
Agency confirms the interest rate Canadians must pay on overdue tax will drop to 7%
Court rules that 20-year old will results in co-ownership of cottage, allowing siblings to force its sale
Firm provided advice on municipal offerings that needed registration
U.S. imports dropped sharply in April, likely didn't recover in May
Retaliatory tariffs on U.S. goods drive sharp revenue spike
Plus, fund changes from BMO, three new ETFs from RBC iShares
Premiers aim to fast-track key infrastructure amid escalating U.S. trade disputes and growing regional economic challenges
U.S. tax adviser gets jail over massive evasion scheme
Ponzi scheme targeted elderly churchgoers, U.S. authorities charged
Inflation looks temporary, but growth risks persist
Premiers to press PM to speed up approvals for major projects
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