Canada added just 100 jobs in December
Softer job market conditions came as high interest rates continued to weigh on growth
- By: The Canadian Press
- January 5, 2024 January 5, 2024
- 11:16
Softer job market conditions came as high interest rates continued to weigh on growth
JP Morgan tops global league tables while RBC leads local trio
The annual Report Card research series has been running for more than 30 years, helping advisors confidentially share their industry experiences
Equity issuance surged 37% in 2023; debt up 19% from previous year
Rep recruited tenant as a client without firm's permission
Proposed exemption from filing the underused housing tax return would only apply for 2023 onward, not 2022
Investors' lawyers decline to appeal reversal of novel ruling
Certain clients overcharged, others undercharged, due to recordkeeping glitch
Average home price was up 3% year over year
Dominant cash funds faced headwinds late in the year, reports say
The firm's economic outlook predicts stagnant growth during the year's first half
Deal activity rose in the fourth quarter, LSEG Data & Analytics reported
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