World trade chief says global free trade is in a crisis while on visit to Japan
“Trade is facing very challenging times right now and it is quite difficult": WTO chief
- By: Mari Yamaguchi, The Associated Press
- May 13, 2025 May 13, 2025
- 10:28
“Trade is facing very challenging times right now and it is quite difficult": WTO chief
Economists say higher import duties could reverse recent cooling trend in consumer prices
Industry calls for technology-neutral approach to regulating sector
Fed likely to stand pat amid "material disruption" to the economy
Court denies widow access to lawyer's files, citing lack of signed will
Funds overstated performance, used investors' money to pay distributions
Tips on what's covered and best practices from the International Financial Brokers of Canada summit
One in five impact investments delivered above-market returns in 2024
Plus, multiple other firms launch funds, announce fund changes
Return travel by car drops 35.2% year over year: Statistics Canada
"Neither side wants a decoupling,” said Treasury Secretary Scott Bessent, adding previous tariff levels amounted to an "embargo"
New CEO and other people news from Fiera Capital, Montrusco Bolton, Great-West Lifeco
Regulator settles with crypto firm, cutting sanctions
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