Strikes, union deals may complicate inflation fight
Recent labour activity to work against falling inflation, TD report says
- By: James Langton
- November 23, 2023 November 23, 2023
- 15:57
Recent labour activity to work against falling inflation, TD report says
Numerous changes, including tax rules, add pressure to Canadian enterprises
Merchandise trade down, services activity flat from previous quarter
Securities sector leads gains for financials
The strategy is a key part of the sector's decarbonization goals
Understanding a client’s motivations goes a long way to helping them achieve long-term goals
Inflation has increased available contribution room for the TFSA
With central banks expected to start cutting rates, outlook should turn rosy next year
Bank of Canada governor weighs in on the federal government's updated fiscal projections and new rules to limit deficits
Data shine light on affordability, with most Canadians fearing recession
Fourth straight weekly drop for the rate, which a year ago averaged 6.58%
Effects of high rates to weigh further on economy, financial sector
Draft guidance forms part of larger effort to improve industry conduct
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