Average rate on a 30-year mortgage in the U.S. falls
The rate dropped to its lowest level since early February
- By: Alex Veiga, The Associated Press
- August 1, 2024 August 1, 2024
- 14:28
Top Stories in News
Franklin Templeton rolls out private credit strategy in Canada
Benefit Street Partners will be available to accredited investors
- By: IE Staff
- August 1, 2024 August 1, 2024
- 12:44
The number of Americans filing for jobless claims hits highest level in a year
There have been job cuts across a range of sectors in the U.S. this year
- By: Matt Ott, The Associated Press
- August 1, 2024 August 1, 2024
- 09:51
Bank of England cuts main interest rate by 0.25%
It's the central bank's first rate cut since the onset of the Covid-19 pandemic
- By: Pan Pylas, The Associated Press
- August 1, 2024 August 1, 2024
- 09:30
Industry News
Advocis ends 2023 with working capital deficiency but a brighter outlook
Association has made no provision for $2.6 million in ongoing legal claims
- By: Michelle Schriver
- July 31, 2024 August 2, 2024
- 16:29
U.S. credit conditions to weaken in second half: Fitch
Defaults, delinquencies poised to rise for rate-sensitive borrowers
- By: James Langton
- July 31, 2024 July 31, 2024
- 16:07
U.S. securities class action filings rise
Crypto claims decline, AI-related cases on the rise
- By: James Langton
- July 31, 2024 July 31, 2024
- 15:33
From the Regulators
FINTRAC sanctions Montreal wealth manager
Compliance review found violations of anti-money laundering rules
- By: James Langton
- July 31, 2024 July 31, 2024
- 15:04
Inflation ticks up in Europe
The rise in prices complicates the ECB's next decision on whether to cut interest rates
- By: David Mchugh, The Associated Press
- July 31, 2024 July 31, 2024
- 12:55
Economy grew 0.2% in May: StatCan
Retail and wholesale trade as well as oil and gas sector weighed on growth
- By: Nojoud Al Mallees, Canadian Press
- July 31, 2024 July 31, 2024
- 12:47
The Fed sees cooler inflation, slower job market
If inflation continues to go down, a rate cut could be on the table in September: Powell
- By: Christopher Rugaber, The Associated Press
- July 31, 2024 July 31, 2024
- 12:32
Supreme Court curbs regulators’ enforcement power
Regulators' penalties don't survive bankruptcy, but disgorgement orders do, court finds
- By: James Langton
- July 31, 2024 July 31, 2024
- 12:13
CRA to charge 9% interest on overdue tax through second half of 2024
Prescribed rate for fourth quarter to match third-quarter rate
- By: Rudy Mezzetta
- July 31, 2024 July 31, 2024
- 10:52
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