Manufacturing sales fell 1.3% to $69.4B in August: StatCan
Led by fall in sales in the primary metal and petroleum and coal product subsectors
- October 16, 2024 October 16, 2024
- 13:22
Top Stories in News
CMHC reports September pace for housing starts up from August
Seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August
- By: The Canadian Press
- October 16, 2024 October 16, 2024
- 13:14
U.K. inflation falls to lowest level in over 3 years
Consumer prices rose 1.7% in September, down from 2.2% the previous month, cementing expectations for another rate cut
- By: Pan Pylas, The Associated Press
- October 16, 2024 October 16, 2024
- 13:10
Younger investors less loyal, less trusting of advisors
Survey suggests financial advisors emphasize value, build trust, communicate regularly
- By: Jonathan Got
- October 16, 2024 October 16, 2024
- 11:43
SRO investigation clashes with legal action
Court rejects appeal of finding that firm could be prejudiced by settlement
- By: James Langton
- October 16, 2024 October 16, 2024
- 09:32
S&P downgrades TD on U.S. settlements
Ratings dropped amid concerns about bank's risk management
- By: James Langton
- October 15, 2024 October 15, 2024
- 16:20
Total TFSA contribution room to rise above $100K in 2025
Next year’s contribution amount can be calculated using CPI data released Tuesday
- By: Rudy Mezzetta
- October 15, 2024 October 15, 2024
- 15:35
CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales
Bank of Canada's interest rate cuts haven't spurred expected improvement
- By: Sammy Hudes, The Canadian Press
- October 15, 2024 October 15, 2024
- 14:47
Annual inflation falls to 1.6% in September
The reading raises the odds of a 50-basis-point rate reduction by the Bank of Canada
- By: Craig Wong, The Canadian Press
- October 15, 2024 October 15, 2024
- 14:38
Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada
Feds should increase administrative penalties, former deputy director of Fintrac says
- By: The Canadian Press
- October 15, 2024 October 15, 2024
- 14:27
European regulators prep for possible T+1 move
ESMA promises transition oversight group to support move to faster settlement
- By: James Langton
- October 15, 2024 October 15, 2024
- 14:17
Employment, participation rates remain at record highs: OECD
Two-thirds of countries had above-average employment rates
- By: James Langton
- October 15, 2024 October 15, 2024
- 14:01
Fed has largely won inflation war: Moody’s
CPI surprises largely temporary, shouldn't derail monetary easing
- By: James Langton
- October 15, 2024 October 15, 2024
- 13:49
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