FSRA pegs ‘stranded’ pension plans at more than $3 billion
Almost 200,000 pension plan members in Ontario have lost track of their plans, regulator says
- By: Sammy Hudes, The Canadian Press
- February 29, 2024 February 29, 2024
- 10:10
Top Stories in News
From the Regulators
Closet indexing class action rejected — again
B.C. court dismisses case for a third time, citing confusing claim
- By: James Langton
- February 28, 2024 February 28, 2024
- 17:43
Ex-cop charged with investment fraud
Investors lost millions, U.S. authorities allege
- By: James Langton
- February 28, 2024 February 28, 2024
- 16:47
AMF issues complaint handling rules
CIRO firms exempt from new standards for Quebec financial firms
- By: James Langton
- February 28, 2024 February 28, 2024
- 16:29
Dog belongs to estate, court rules
Core issue is ownership of the dog, which is considered property
- By: James Langton
- February 28, 2024 February 28, 2024
- 16:21
Research finds connection between financial planning and mental health
Active listening and asking the right questions are key to checking on clients' sense of well-being
- By: Jonathan Got
- February 28, 2024 February 28, 2024
- 14:25
Research and Markets
Small business owners are optimistic for growth in 2024
Latest data show U.S. small businesses are hiring staff and implementing new tools to stay proactive and competitive
- By: The Associated Press
- February 28, 2024 February 28, 2024
- 11:43
Hong Kong lifts curbs on property market
Finance minister said curbs imposed earlier to cool the property market would be lifted with immediate effect
- By: Zen Soo, The Associated Press
- February 28, 2024 February 28, 2024
- 11:30
U.S. economy grew 3.2% in Q4, slightly lower than government’s initial estimate
Growth has now topped 2% for six straight quarters, defying fears that high interest rates would lead to a recession
- By: Paul Wiseman, The Associated Press
- February 28, 2024 February 28, 2024
- 11:20
RBC reports $3.58B Q1 profit, with provisions for credit losses up
The bank's wealth management arm earned $606 million, down from $830 million a year earlier
- By: Ian Bickis, The Canadian Press
- February 28, 2024 February 28, 2024
- 11:05
National Bank reports $922M Q1 profit, up from $876M a year ago
Revenue for the quarter totalled $2.71 billion, up from $2.56 billion in the same quarter last year
- By: The Canadian Press
- February 28, 2024 February 28, 2024
- 10:56
Rep admits to unapproved discretionary trades
Settlement includes disgorgement, penalty and suspension
- By: James Langton
- February 27, 2024 February 28, 2024
- 17:21
Research and Markets
Identity, mortgage fraud on the rise: Equifax survey
Fraudsters take advantage of economic vulnerabilities, credit reporting agency says
- By: The Canadian Press
- February 27, 2024 February 27, 2024
- 16:12
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