During a panel discussion, Powell said his confidence that inflation will ease "is not as high as it was"
Feds won't change tax treatment for REITs, and the status of other major tax proposals from the Trudeau government
Rate environment remains the key downside risk to credit card sector's outlook
Firm allegedly helped U.S. investors evade controls against offshore platforms
Ultimately, reduced settlement cycle will pay off for overall financial system
The Fed will take its time to find out
In 2023 most of the five biggest banks reduced fossil fuel funding relative to previous years
Regulator seeks to outlaw derivatives on election outcomes, sports, other events
The average asking rent for a one-bedroom unit in Canada was $1,915
Firm posts $154.4-million loss as investors exit balanced funds, cash-like products
LongPoint will focus on white labelling and also plans to launch its own passive ETFs
And Richardson Wealth snags a $500M team from TD
Also, Michael L. Stickney will retire from the executive committee
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