Financial planning projections generally brighter in 2024
Canadian equities are projected to return 6.4% over the next decade, up slightly from last year
- By: Noushin Ziafati
- April 24, 2024 April 24, 2024
- 10:28
Canadian equities are projected to return 6.4% over the next decade, up slightly from last year
Risk of a trade war, inflation, higher interest rates accompanies U.S. vote
Standards setter defines its policy direction beyond climate disclosures
Regulator seeks to extend regime to portfolio managers
ETFs outperform mutual funds in both net sales, asset gains
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime
Middle- and low-income households saw stagnated income growth or declines
Only a matter of time before equity deals on pipelines are announced, says RBC top exec McKay
Returns affected by high inflation and interest rates, geopolitics, chief executive says
Suit alleges that retail investor trades violated securities law
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