Low-rated companies feeling financial stress: Fitch
Companies missing interest payments signal effects of strains
- By: James Langton
- October 17, 2023 October 17, 2023
- 14:26
ESMA calls on crypto industry to prepare for regulation
Foreign investors sold Canadian securities, while domestic investors added to offshore holdings
The IIROC panel overlooked evidence that a rep borrowed money rather than misappropriating it
Legislation would force short-term rental platforms to share data for enforcement and tax purposes
Regulator's exam division sets compliance priorities for 2024
The regulator is planning the industry's first standardized climate exercise for next year
The gap between perception and actual inflation is unusually wide
Scheme generated over US$150 million in illicit profits
Federal deficit projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23
Federal regulator proposes new guidance to meet its expanded mandate
Banks to bear the brunt of fee increase, as case volumes jump
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