Oil prices fall and world share prices are mixed in thin holiday trading
Prices are falling to a level at which some producers can no longer turn a profit.
- By: Jiang Junzhe, The Associated Press
- May 5, 2025 May 5, 2025
- 08:08
Prices are falling to a level at which some producers can no longer turn a profit.
Canada deserves a world-class financial ecosystem rooted in efficiency, fairness and transparency through digital innovation
Plus, several other firms launch new funds, announce fund changes
Lobbying follows recent action from regulators to drop policies, guidance
Firms would be restricted from providing lending products to retail investors
Move comes after auto industry's lobbying efforts in the U.S.
The unemployment rate remained at a low 4.2%
Switch to an exam-based model is to take effect Jan. 1, 2026
Richardson starts using CapIntel, and three Canadian fintechs selected to Google program
Investors turning to Europe as U.S. policy proves unpredictable
“Fear and uncertainty cascaded across financial and currency markets" during the quarter: Northern Trust Canada CEO
Prescribed rate for the third quarter to decrease by one percentage point — to 3%
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