Average asking rent for December in Canada jumped to a record high of $2,178 per month
What’s at stake: stable financial markets and a major driver of global economic growth
The latest data suggests the American economy is achieving a difficult “soft landing”
SRO consults on options for resolving long-standing regulatory disparity
Client cashed RRSPs, paid DSCs, and took credit card advance to lend to rep, regulator alleged
Year over year, redemptions increased 30.5%
The bank left its benchmark rate unchanged at a record-high 4%
Global issuance for 2024 is estimated at US$950 billion
Revisions aim to enhance corporate transparency to investors, policymakers
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Ailing sector poses a headwind to earnings, threat to credit quality
Red Sea conflict not expected to cause oil price spike amid strong supply, softer demand
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