Up to investors to sue banks in Ponzi case
Receiver won't take legal action against banks used in B.C. Ponzi scheme
- By: James Langton
- March 17, 2025 March 17, 2025
- 16:45
Receiver won't take legal action against banks used in B.C. Ponzi scheme
Economy faces unprecedented risk from volatile U.S. policy
Investors pivoting to non-U.S. securities, StatCan reports
François-Philippe Champagne has been named finance minister
Economists forecast annual inflation rate rose to 2.2% from 1.9% in January
Actual home sales in February were down 10.4% year over year
Sales edged up 0.2% in February after dropping 1.2% in January
U.S. central bank officials expected to keep policy rate steady this week
Annual pace of housing starts dropped 4% compared to the previous month
China's real estate crisis has dented consumer confidence
Expertise in small-cap trades, loans to software companies pays off for alts firms
PSP Investments is joining CPP Investments and Ferrovial in the 407 ETR ownership group
It wasn't simply a matter of strong index returns: S&P Global report
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