Half of first-time homebuyers likely to use FHSA: poll
A majority of respondents didn't know the features and benefits of the account
- By: The Canadian Press
- December 7, 2023 December 7, 2023
- 12:38
A majority of respondents didn't know the features and benefits of the account
The fine is the second announced this week, after RBC was also penalized
Deferred annuities were first introduced in 2019 federal budget
Home sales in the region totalled 2,664, down from 2,700 in November 2022
Firms to pay US$2.6 million, including US$1 million in client restitution
The 0.8% drop is the sixth straight quarterly labour productivity decline, StatsCan reports
Imports fell 2.8% for the month to $63 billion
Bankers warn that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation
In final decision of 2023, central bank says weaker growth and cooling job market suggests demand is no longer outpacing supply
Recommendations echo affordability measures in government's fall economic statement
In Vancouver, home sales rose as newly listed properties added to supply
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