The fallout for Canada from U.S. market reforms
CSA and CIRO seek feedback on the SEC's market structure proposals
- By: James Langton
- October 19, 2023 October 19, 2023
- 16:11
CSA and CIRO seek feedback on the SEC's market structure proposals
Emerge still has not repaid the receivable it owes its ARK ETFs
While a rising population impacts housing costs, there's little evidence of its impact in other areas, research finds
Jobless beneficiary ranks expanded for fourth straight month
Prices for inputs and manufactured products rose in September, StatsCan says
The announcement comes a day after Scotiabank said it was cutting 3% of its global workforce
Regulators propose revisions to accommodate variety of settlement cycles
Most respondents said the banks could do better at communicating about fees
Proposal aims to address concerns about competitiveness of smaller brokers
Wealth for the median household jumped 37% from 2019 to 2022, helping to sustain economic growth
51% of Canadians reported that they were $200 away or less from not being able to meet all their financial obligations
Monthly seasonally adjusted annual rate of housing starts in September came in at 270,466 units, up from 250,383 in August
Will cut about 2,700 staff and take $590M Q4 charge after tax
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