Europe’s economic outlook worsens as high prices plague consumer spending
The European Commission lowered its growth forecast for this year and next
- By: David Mchugh, The Associated Press
- September 11, 2023 September 11, 2023
- 11:06
The European Commission lowered its growth forecast for this year and next
Interest rate Canadians must pay on overdue tax will remain 9%
The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20
Canadians making above $300,000 to contribute 98% of total AMT
Regulators aim to harmonize rules for decentralized finance and traditional finance
Company sanctioned for employee agreements that waived rights to whistleblower awards
So-called smart contracts still must comply with the law, regulator warns
Wedbush Securities fined for compliance failings
Overall economic trends point to a slowdown
Artificial intelligence is playing a big role in identifying wealthy tax dodgers
More wealth firms have entered the U.S.-Canada cross-border space in recent years. But are they ready?
Canada's main stock index moved lower Thursday on broad-based weakness
U.K. regulator gives compliance extension to some firms, threatens others with enforcement
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