Banking changes to look out for in 2024
Open banking, binding resolution for OBSI are among issues to watch
- By: Ian Bickis, The Canadian Press
- December 29, 2023 December 29, 2023
- 10:50
Top Stories in News
Companies grew more confident about initial public offerings in 2023
The result has raised hopes in the U.S. for an economic recovery
- By: Damian J. Troise, The Associated Press
- December 28, 2023 December 28, 2023
- 16:14
From the Regulators
CIRO fines Canaccord Genuity Corp. $500K for trading supervision failures
The breaches related to more than 10,000 wash trades
- By: The Canadian Press, IE Staff
- December 28, 2023 December 28, 2023
- 16:04
Five things to watch for in Canadian business in 2024
Households, companies face a challenging economic environment
- By: Craig Wong, The Canadian Press, The Canadian Press
- December 28, 2023 December 28, 2023
- 15:55
Americans ramped up spending during the holidays
Despite inflation concerns and financial anxiety, holiday sales from November through Christmas Eve climbed 3.1%
- By: Anne D’innocenzio, The Associated Press
- December 27, 2023 December 27, 2023
- 10:58
From the Regulators
SEC shutters crypto-based structured product
Fixed-income notes based on crypto must be registered, regulator alleges
- By: James Langton
- December 22, 2023 December 22, 2023
- 14:41
From the Regulators
TD reaches NSF fee class action settlement
Similar cases remain outstanding against the other big banks
- By: James Langton
- December 22, 2023 December 22, 2023
- 14:27
GDP unchanged for third straight month in October
Manufacturing, wholesale trade, real estate were among sectors that contracted
- By: The Canadian Press
- December 22, 2023 December 22, 2023
- 11:55
Federal Reserve’s favoured inflation gauge tumbles in November
Month-over-month drop was the largest since April 2020
- By: Paul Wiseman, The Associated Press
- December 22, 2023 December 22, 2023
- 11:41
Federal government posts $15B deficit between April and October
Public debt charges were up 38% compared to the same period last year
- By: The Canadian Press
- December 22, 2023 December 22, 2023
- 11:27
From the Regulators
SEC awards US$28 million to seven whistleblowers
One individual and two sets of joint tipsters share rewards
- By: James Langton
- December 22, 2023 December 22, 2023
- 11:10
From the Regulators
Serial fraudsman gets jail time
Alberta man behind long-running scheme sentenced to four years
- By: James Langton
- December 22, 2023 December 22, 2023
- 10:53
Industry News
RBC’s takeover of HSBC Canada means less competition on mortgage rates: expert
The finance minister approved the transaction, with conditions
- By: Sammy Hudes, The Canadian Press
- December 22, 2023 December 22, 2023
- 09:14
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