U.S. existing home sales drop 1.9% in April
Median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April
- By: Paul Wiseman, The Associated Press
- May 22, 2024 May 22, 2024
- 11:17
Top Stories in News
Japan racks up trade deficit as imports balloon due to cheap yen
Trade deficit in April grew nearly 8% from a year earlier
- By: The Associated Press
- May 22, 2024 May 22, 2024
- 09:43
Exchanges ready for T+1
While there may be an initial spike of failed trades, fail rates improve overall in a shortened settlement cycle
- By: Melissa Shin
- May 22, 2024 May 30, 2024
- 09:25
Canadians feel grocery inflation getting worse: poll
Almost a third of Canadians believe the cause is grocery stores trying to increase profit margins
- By: The Canadian Press
- May 22, 2024 May 22, 2024
- 08:58
CPP Investments earned 8.0% in latest fiscal year
Net assets for year ending March 31 totalled $632.3 billion
- By: The Canadian Press
- May 22, 2024 May 22, 2024
- 08:48
Banks to report second-quarter results as credit concerns persist
Latest quarter was fairly tame with encouraging data on the inflation front and still historically low levels of mortgage delinquencies
- By: Ian Bickis, The Canadian Press
- May 22, 2024 May 22, 2024
- 08:40
U.K. inflation falls to 2.3%
Consumer price index shows inflation’s fall to lowest level in nearly three years but still above Bank of England's target
- By: Pan Pylas, The Associated Press
- May 22, 2024 May 22, 2024
- 08:30
Mortgage performance still strong: Fitch
Robust job market is keeping delinquencies low for now
- By: James Langton
- May 21, 2024 May 21, 2024
- 17:34
Freeland says capital gains proposal will be tabled before summer break
The government says that even if a bill has not yet passed, the change will take effect on June 25
- By: Nojoud Al Mallees, Canadian Press
- May 21, 2024 May 21, 2024
- 15:46
Boosting bank competition without sacrificing safety
Open banking, fintech can enhance innovation, DBRS Morningstar says
- By: James Langton
- May 21, 2024 May 21, 2024
- 15:31
Research and Markets
Tariff hikes inflict political pain, not economic
Cost of latest trade salvo is low, but it escalates tensions, Moody's says
- By: James Langton
- May 21, 2024 May 21, 2024
- 15:03
Trader gets jail time for front-running scheme
Pair exploited inside knowledge of pension giant's trading plans
- By: James Langton
- May 21, 2024 May 21, 2024
- 15:01
Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
The slowdown from 2.9% in March was led by food prices, services and durable goods
- By: Nojoud Al Mallees, Canadian Press
- May 21, 2024 May 21, 2024
- 09:34
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