Outstanding mortgage and credit card balances rise
The increase makes the central bank's next rate decision tougher
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year
European regulators say financial institutions should make "extra efforts" to ensure investors are aware of how inflation affects real returns
The rating agency warned that companies need to be careful when using carbon offsets to reduce emissions
Annual readings continue to ease despite monthly rises in August
Auto negotiations, energy summit, inflation data and a return to parliament
Economists say recent slack in the economy will convince the BoC to remain on the sidelines
The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter
Persistent core inflation remains the key risk to rates, economy
Led by David Turnbull, new service to provide transaction-based consulting services for mid-sized companies
Rising credit provisions, funding costs, pinching bank profits, DBRS says
Sector's strong financials, green transition, to drive deal activity
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