Economists worry that if the Fed's longstanding independence is questioned, it could disrupt markets and add to economic uncertainty in the U.S.
New appointments at Citibank Canada, Manulife, Odlum Brown, Raymond James, iA Wealth and more
Spot gold hit a record high this week — it's up more than 20% this year as a result of multiple factors
Regulator seeks receiver for real estate investment venture
Weaker global growth, higher inflation, uncertainty add risk
Bank owns a minority stake in Link
Regulators codify their approach to crypto funds in rules
Insurers do not endorse the below-market offers
Increased mortgage borrowing drove monthly rise in household liabilities
The average solvency rate at the end of Q4 2024 was 122%
Regulators aim to make it easier, cheaper to go public, raise capital
Firm breached rules by allowing trading in unregistered binary options
International fraud involved 89 victims
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