Industry moves this week
The new Federation of Independent Dealers named its 2024 board leader and future focus
- By: Katie Keir
- March 5, 2024 March 28, 2024
- 13:15
The new Federation of Independent Dealers named its 2024 board leader and future focus
Equifax Canada finds delinquency rates rose outside those provinces at a slower pace
Credentialing bodies also discussed putting clients first at regulator's annual conference
Abusive scheme exploited consultant exemption, regulator alleged
Anti-money laundering agency takes systems offline as a precaution
Green and social goals can operate hand in hand, report notes
Provincial regulator is attempting to identify hidden risks and set a baseline for business practices
Many forecasters anticipate the first rate cut to come midyear
The province has budgeted $72.7 million for housing
Regulators say company issued misleading news ahead of private placements
Analysis from Morningstar Direct also found that 2023 was the best year for Canadian sustainable fund performance relative to peers
The bonuses will total $15.2 million for advisors who stay until at least November 2026
The first-time home buyers' tax credit is unaffected
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