Fall economic statement released after Freeland resignation delay
News on the Canada Disability Benefit, automatic tax filing, AML and open banking
- By: Jonathan Got
- December 16, 2024 December 17, 2024
- 17:36
Top Stories in News
Trudeau taps LeBlanc as finance minister after Freeland resigns
Dominic LeBlanc was sworn in at a ceremony at Rideau Hall
- By: Kyle Duggan, The Canadian Press
- December 16, 2024 December 16, 2024
- 17:32
National home sales continue surging, prices rise amid falling interest rates: CREA
The average sale price for November is $694,411, up 7.4% compared to last year
- By: Sammy Hudes, The Canadian Press
- December 16, 2024 December 16, 2024
- 15:54
U.S. corporate debt hits record mark in Q3: S&P
Rise in debt led by refinancing activity among higher-rated companies
- By: James Langton
- December 16, 2024 December 16, 2024
- 15:15
Shadow bank growth outpaces traditional sector: FSB
Market gains, net inflows boost assets held in the non-bank sector
- By: James Langton
- December 16, 2024 December 16, 2024
- 14:40
FCA launches crypto regime consultation
Regulator issues first in a planned series of discussion papers on crypto rules
- By: James Langton
- December 16, 2024 December 16, 2024
- 14:28
Labour markets continue to cool
Job vacancies continue decline, total labour demand slips, in third quarter
- By: James Langton
- December 16, 2024 December 16, 2024
- 14:11
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Economists now expect only two or three Fed rate cuts in 2025
- By: Christopher Rugaber, The Associated Press
- December 16, 2024 December 16, 2024
- 10:52
Chrystia Freeland quits cabinet the day of fall economic statement
Prime Minister Justin Trudeau offered her another cabinet role on Friday
- By: David Baxter, The Canadian Press
- December 16, 2024 December 16, 2024
- 09:41
Economists see November inflation staying at 2% or slightly rising
The GST holiday will push inflation down to about 1.5% in January: BoC
- By: Ritika Dubey, The Canadian Press
- December 16, 2024 December 16, 2024
- 09:27
Fall fiscal update to grapple with Trump presidency, expected to show larger deficit
The parliamentary budget officer has predicted a $46.8 billion federal deficit
- By: Nojoud Al Mallees, Canadian Press
- December 16, 2024 December 16, 2024
- 08:47
BCSC sanctions woman in Chinese student scam
Panel orders $3.3 million in penalty, disgorgement
- By: James Langton
- December 13, 2024 December 13, 2024
- 17:25
Canada’s ‘stealth recession’ may deepen if Trump tariffs implemented: portfolio manager
Franklin Templeton panelists share outlooks for 2025, including investment opportunities
- By: Noushin Ziafati
- December 13, 2024 December 13, 2024
- 16:47
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