Key reason for the delay in cuts is lingering effects of the pandemic
Total owed is up 3.4% year over year, representing slowest growth in 23 years
Raises quarterly dividend to $1.55 per share, up four cents
Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents
But consumer-friendly reforms are needed to sustain growth
Rating agency cites potential fallout from anti–money laundering deficiencies at the bank
Regulator follows CISRO, FSRA with tougher exam administration policy
Crypto executive sentenced on federal conspiracy charges
"Landmark" legislation is significant step forward in protecting investors, organization says
Reichmann Segal Capital Partners says it plans to invest in new product development and expansion
Cost-of-living crisis and higher interest rates eat into household budgets
Despite challenges, overall revenue grew
Agency confirms the interest rate Canadians must pay on overdue tax will drop to 9%
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