Rising yields challenge sovereign finances: Fitch
Higher borrowing costs will make it tougher to tackle debt, deficits
- By: James Langton
- January 13, 2025 January 13, 2025
- 15:48
Why clients must avoid late payment, consider current loan structure
Plus, other firms announce fee changes, fund closures and mergers
BMO Capital Markets division is alleged to have sold mortgage-backed bonds using misleading metrics
Businesses are trying to “front-run” Trump tariffs, says Capital Economics
MNP's Consumer Debt Index dropped to the second-lowest level since 2017
ATS operator settles allegations of compliance shortcomings
Eligible Canadians with a U.S. work history will get their social security benefits restored
Harvest ETFs brings on new talent; industry marks passing of Richardson Wealth vice-chair and former CIBC CEO
Revised agreement between a rep and his former firm was valid: decision
Regulator's head of enforcement, chair to depart next week
JP Morgan tops global league tables, BMO Capital Markets leads in Canada
As interest rate cuts spur the housing market, there are a myriad of tax credits Canadians and incentives can access
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