B.C. court rejects challenge to regulator’s summons
Duty of fairness to witnesses at investigative stage is minimal but it has been met in this case, court finds
- By: James Langton
- November 27, 2023 November 27, 2023
- 16:24
Duty of fairness to witnesses at investigative stage is minimal but it has been met in this case, court finds
Deposits continue to feel the strain since U.S. bank failures in the spring, Moody's says
The FSB's annual list of banks that require extra capital and oversight shrank by one
Banks are slowing the pace of new lending and setting aside more money for bad loans
Financial advisors must understand their clients' motivations before shaping their behaviour
Industry working group proposes model for blockchain-based funds
More than half of the S&P/TSX Composite had negative price returns as of mid-November, report says
Female directors are driving improved ethnic diversity
Agency confirms the interest rate Canadians must pay on overdue tax will rise to 10%
Assets drop as mutual funds remain in redemptions, ETFs stay positive
E&Y invites advisors to guide securities liquidation
Open banking could be a win for wealth managers
Early estimates also suggest retail sales increased 0.8% in October
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