Bank CEOs expect further loan-loss provisions and pressure on lending in 2024
Markets may be overly optimistic that central banks will lower rates this year
- By: Ian Bickis, The Canadian Press
- January 9, 2024 January 9, 2024
- 15:09
Top Stories in News
Statistics Canada reports merchandise trade surplus of $1.6 billion in November
Total imports rose 1.9% while exports fell
- By: The Canadian Press
- January 9, 2024 January 9, 2024
- 13:28
Global economy will slow for a third straight year in 2024, World Bank predicts
Heightened global tensions pose risk of weaker growth
- By: Paul Wiseman, The Associated Press
- January 9, 2024 January 9, 2024
- 13:14
Asset managers eye gains driven by bonds, AI
ETF providers like fixed income and active management in 2024 outlooks
- By: Rudy Luukko
- January 9, 2024 January 10, 2024
- 13:00
FSRA tightens the screws on seg fund DSCs
New measures address the use of DSCs with existing contracts
- By: James Langton
- January 9, 2024 January 10, 2024
- 11:24
Big banks’ ‘sustainable finance’ label misleading, investor group alleges
Banks not backing up their claims with data, says securities complaint filed with OSC and AMF
- By: Ian Bickis, The Canadian Press
- January 9, 2024 January 9, 2024
- 08:42
Oil prices to weaken in 2024, say analysts
Forecasts for WTI range between US$70 and US$80
- By: Amanda Stephenson, Canadian Press
- January 8, 2024 January 8, 2024
- 16:31
How heatwaves lead to financial distress
New research from the Bank of Canada finds a link between extreme temperatures and credit conditions
- By: James Langton
- January 8, 2024 January 8, 2024
- 15:30
Maintaining mortgage stress test a positive: Fitch
Relaxing mortgage rules could help borrowers but also boost credit risks
- By: James Langton
- January 8, 2024 January 8, 2024
- 15:20
From the Regulators
Securities class action against mining company moves toward settlement
The company's underwriters were dropped from the proposed class action
- By: James Langton
- January 8, 2024 January 8, 2024
- 15:15
Housing market could rebound in 2024: economists
Price declines were mainly an Ontario phenomenon, but home prices were softening in the Fraser Valley, Winnipeg and Halifax
- By: Sammy Hudes, The Canadian Press
- January 8, 2024 January 8, 2024
- 10:59
Emerge unitholders become unsecured creditors
Investors in five Emerge ARK ETFs have not received payments for receivables outstanding
- By: Melissa Shin
- January 8, 2024 January 8, 2024
- 09:50
U.S. job market remains resilient
December marked the 23rd straight month that joblessness has remained below 4%
- By: Paul Wiseman
- January 5, 2024 January 5, 2024
- 11:42
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