U.S. home sales fell in January amid high mortgage rates, prices
The U.S. housing market has been in a sales slump dating back to 2022
- By: Alex Veiga, The Associated Press
- February 21, 2025 February 21, 2025
- 10:14
The U.S. housing market has been in a sales slump dating back to 2022
Trump has threatened blanket 25% tariffs on Canadian goods, with the exception of 10% tariffs on energy
AIMCo, however, received an F in the advocacy group's annual report card
Sales were boosted by gains at food and beverage retailers, motor vehicle and parts dealers
Regulator details array of policy plans for federally regulated financials
Preliminary data signals a slowdown to end 2024
Regulator shifts focus to broader online misconduct against retail investors
Despite stronger inflation, jobs, BoC may still cut rates
Plus, Preqin updates private capital indices, new SMA offerings and mutual fund changes abound
Layoffs ordered by the Department of Government Efficiency not yet reflected in the stats
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
Of 1.2 million mortgages up for renewal in 2025, about 85% were secured at historically low pandemic rates
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