Industry moves this week
Multiple industry veterans made changes, plus Richardson Wealth's John Horwood retired
- By: Katie Keir
- November 3, 2023 November 3, 2023
- 13:44
Top Stories in News
From the Regulators
Former rep fined, banned for taking loans from clients
Panel defers penalties while ex-rep repays clients
- By: James Langton
- November 3, 2023 November 3, 2023
- 11:58
Canada’s jobless rate rises to 5.7% in October
Labour market is softening in the face of higher interest rates
- By: The Canadian Press
- November 3, 2023 November 3, 2023
- 11:19
U.S. employers pulled back on hiring in October
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
- By: Paul Wiseman, The Associated Press
- November 3, 2023 November 3, 2023
- 11:01
AMF consults on total cost reporting for seg funds
Draft rules out for comment, expected to take effect in 2026
- By: James Langton
- November 2, 2023 November 2, 2023
- 17:25
From the Regulators
RBC settles internal controls case with SEC, OSC, AMF
Accounting for internal software development violated securities rules
- By: James Langton
- November 2, 2023 November 3, 2023
- 17:09
Finance committee calls for feds to block RBC-HSBC deal on competition concerns
Removal of competitor could raise already-elevated bank fees, report says
- By: The Canadian Press
- November 2, 2023 November 2, 2023
- 16:30
U.K.’s FCA issues guidance on new crypto rules
Regulator aims to facilitate compliance with new regime
- By: James Langton
- November 2, 2023 November 2, 2023
- 16:07
From the Regulators
Ex-Goldman banker gets jail for insider trading
Banker tipped pal with inside info on potential M&A deals
- By: James Langton
- November 2, 2023 November 2, 2023
- 15:58
Global sustainable bond issuance to hold up, Moody’s says
Upcoming COP meeting to support fourth-quarter issuance
- By: James Langton
- November 2, 2023 November 2, 2023
- 15:46
Industry News
IGM Financial’s profit flat in Q3 as investment returns weigh on assets
Wealth management's earnings were up, as number of less-experienced advisors dropped
- By: IE Staff
- November 2, 2023 November 2, 2023
- 15:34
Greater Toronto home sales drop 5.8% in October amid high borrowing costs
Still, the average home price rose 3.5% year over year
- By: Sammy Hudes, The Canadian Press
- November 2, 2023 November 2, 2023
- 15:33
Research and Markets
Canadian companies transferred $120B to Luxembourg: study
Some of the 59 companies avoiding tax were in the finance sector
- By: The Canadian Press
- November 2, 2023 November 2, 2023
- 15:14
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