Scotiabank selling operations in Colombia, Costa Rica and Panama to Davivienda
The bank will take an after-tax impairment loss of $1.4 billion in Q1 2025
- By: The Canadian Press
- January 6, 2025 January 6, 2025
- 14:01
Top Stories in News
Canada’s capital markets mixed in 2024
Debt issuance surges, equity market activity slides in 2024, LSEG reports
- By: James Langton
- January 6, 2025 January 6, 2025
- 13:46
Prorogation upends capital gains proposal but CRA yet to offer guidance
The capital gains tax changes were tabled in a notice of ways and means motion in September
- By: Tara Deschamps, The Canadian Press
- January 6, 2025 January 6, 2025
- 12:55
Tech roundup: Canadian banks adopt AI to fill productivity gap
Also, options trading available for registered accounts in online brokerage app
- By: Jonathan Got
- January 6, 2025 January 9, 2025
- 12:40
Business groups call for unity as Trudeau announcement creates uncertainty
The Prime Minister will resign following a Liberal leadership contest
- By: Ian Bickis, The Canadian Press
- January 6, 2025 January 6, 2025
- 12:35
Canadian equities set to grow in 2025, but at slower pace as political turmoil swirls
The S&P/TSX composite index ended last year 18% higher
- By: Ritika Dubey, The Canadian Press
- January 6, 2025 January 6, 2025
- 07:58
CPP Investments exits two joint venture holdings
The moves impact interests in North America and China
- By: Alisha Hiyate
- January 3, 2025 January 3, 2025
- 16:58
The great wealth transfer or the great disappointment?
Over a third of Canadians between 18 and 34 in Vanguard survey said an inheritance is key to meeting their financial goals
- By: Noushin Ziafati
- January 3, 2025 January 3, 2025
- 15:14
Canadian labour market expected to end 2024 on a down note
RBC Economics has forecast a 6.9% unemployment rate in December
- By: Kevin Press
- January 3, 2025 January 3, 2025
- 15:03
Real estate dominates BCFSA’s first consumer complaints report
Real estate complaints accounted for more than 70% of the total number
- By: Jonathan Got
- January 3, 2025 January 3, 2025
- 13:53
Defined benefit pension funds ended 2024 on a high
Funding and solvency ratios reached levels not seen since the dot-com era
- By: Kevin Press
- January 3, 2025 November 12, 2025
- 12:04
Industry moves last week
National Bank announces senior leadership changes and retirements
- By: Jonathan Got
- January 3, 2025 January 3, 2025
- 11:40
Some tax measures in effect as of Jan. 1 come with a caveat
As with the proposed capital gains changes, certain provisions aren't yet law
- By: Michelle Schriver
- January 2, 2025 January 2, 2025
- 16:29
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
- By: Ritika Dubey, The Canadian Press
- April 29, 2026 April 29, 2026
- 17:22
Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
- By: James Langton
- April 29, 2026 April 29, 2026
- 16:09
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:50
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:55
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
- April 29, 2026 April 29, 2026
- 09:29
FCA launches ESG ratings pilot
Project designed to avoid creating needless burden with new regime
- By: James Langton
- April 28, 2026 April 28, 2026
- 12:39
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 14:24
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Fed chair Powell may reveal next steps Wednesday
Powell has signalled he could stay on Fed board after term as chair ends May 15
- By: Christopher Rugaber, The Associated Press
- April 28, 2026 April 28, 2026
- 10:21
Kevin Gopaul to head up VanEck’s expansion into Canada
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 17:30
Industry moves: Former BMO private wealth head Geoff Newton joins RBC Wealth Management
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 16:05
Product roundup: First Trust launches energy ETF
Plus, a new gold bullion mutual fund and a slew of product lineup changes
- By: Noushin Ziafati
- April 24, 2026 April 24, 2026
- 17:15
Opinion: Insurers need to call the same riders by the same names
Clarity for clients makes it easier to shop across carriers
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 12:59
‘Market weakness’ causes mutual fund, ETF asset declines in March: SIMA
At the same time, both fund types recorded positive net sales
- By: Noushin Ziafati
- April 21, 2026 April 21, 2026
- 15:52