Banks bailing on climate groups face future risks: report
Transition risks ease in short-term, but longer term threats loom
- By: James Langton
- February 11, 2025 February 11, 2025
- 16:59
Transition risks ease in short-term, but longer term threats loom
Respondents said they worked multiple jobs due to fewer full-time job opportunities, to cover expenses
Firm cites U.S. government shift against DEI for policy change
The U of T economics professor will work with the bank in a part-time role
Restaurants added jobs, but 53% still operating at a loss or breaking even
Canada led G7 in per capita household income growth
Regulator signals halt to its legal defence of tougher climate rules
The bank is looking for ways to simplify its holdings and chart a path forward: CEO
The White House plans to announce 25% tariffs on steel and aluminum imports into the U.S. on Monday
25% jump is the biggest year-over-year increase since the study launched in 2011
On Tuesday, the central bank chair said the Fed is 'well positioned' to deal with risks, uncertainties
PM calls steel and aluminum tariffs "unacceptable"
$30 million deal requires court approval, set for March 26
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