U.S. consumer spending to cool sharply: Fitch
Households to curtail spending amid softer labour markets, easing wage growth
- By: James Langton
- September 27, 2023 September 27, 2023
- 13:27
Move comes as interest grows in alternative assets
Investors were promised profits from crypto trading and mining
Help clients prepare for a serious illness
FSRA's fee rule for credentialing bodies exempts CIRO from full costs
The government is raising the limit on the Canada Mortgage Bonds program to $60 billion
Firm admitted insider trading, abusive market conduct
Fees for investment dealers to rise 6.4%, annual report says
The bank had already agreed to pay US$290 million in a class-action lawsuit that involved Epstein's victims
Total premiums collected by insurers also rose in 2022, according to the CLHIA
Mutual fund redemptions climbed while ETF sales slowed, IFIC reported
Two portfolio managers explain why their podcast has run successfully for more than five years
Regulator says host touted real estate investment scheme that took US$11 million from investors
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