Royal settles the case of the missing RESP grants
Firm was alerted to $1 million in missed grants by government review
- By: James Langton
- October 23, 2024 October 23, 2024
- 17:30
Firm was alerted to $1 million in missed grants by government review
Bulletin alerts industry firms to risky activity involving legal profession
SRO curbs exemptions, toughens firms' approval requirements
Regulator calls for more enforcement tips on emerging issues
Firms' joint foray into consumer finance wasn't ready, regulator alleges
IFRS 17 won’t significantly impact LICAT ratios, insurers moving towards bonds
Sales of previously occupied U.S. homes fall to weakest annual pace in nearly 14 years
Canadian Real Estate Association says pace of cuts could prompt potential buyers to hold off for now
Central bank says its job has shifted from lowering inflation to maintaining it around the 2% target
Industry assets continue to climb, led by market gains, IFIC reports
Tech, crypto schemes top threats to investors, including seniors, NASAA reports
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