Basel III freeze threatens ‘chain reaction’: Fitch
OSFI put the reforms on hold indefinitely in February
- By: Kevin Press
- March 6, 2025 March 6, 2025
- 12:20
OSFI put the reforms on hold indefinitely in February
The tariffs on Canadian and Mexican imports into the U.S. are now delayed until Apr. 2
Federal government layoffs ordered by the Department of Government Efficiency aren't yet showing up in the numbers
Statistics Canada figures show a surge in exports and imports as tariff threat loomed
The eurozone showed zero growth in Q4
Commerce minister called for talks with U.S. and said "there are no winners in a trade war"
Connecting issuers and investors violated securities rules, regulator said
The announcement comes after the president spoke with leaders of the big three U.S. automakers
Price pressures remain contained, as energy, core inflation readings stable
Review flags conflict, independence shortcomings in private asset valuations
First gain in years may be short lived amid rising trade tensions
Affordability concerns, economic uncertainty holding buyers back
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