Many economists don’t expect the Fed to cut rates again until the second half of 2025, if at all
Clients expect advisors to offer advice competently and to their advantage
Growth of banks' foreign operations raises vulnerabilities: BoC paper
The U.S. added 256,000 positions, unemployment rate steady at 4.1%
Rental market softened in 2024 amid multi-decade highs for apartment completions, slow population inflows
Effort to elevate financial compensation in criminal cases falls flat
October sitting had 399 candidates
A death benefit of missed-out CPP payments also makes pension system more equitable
SRO proposes mandatory close-out requirements that aim to prevent failed trades, align with U.S. regime
Stability in overall inflation conceals conflicting underlying trends
Marex Capital Markets sanctioned in settlement with MX
Equity and alternative investment allocations represent more than half of average holdings
PwC Canada forecasting "continued, significant transactions"
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