Five things to watch for in the Canadian business world this week
Retail sales and bank earnings top this week's releases
- By: The Canadian Press
- August 21, 2023 August 21, 2023
- 13:46
Retail sales and bank earnings top this week's releases
Sara Petrcich is now head of the ETF and structured solutions team
Regulator supports firms' efforts to address ESG risks
Recent rises in home price index erased some of the earlier correction, Teranet–National Bank report said
HELOC balances decline, cooling credit card and mortgage growth
Energy price increases drove raw materials, industrial prices up
The giant Chinese real estate developer rejected news reports about bankruptcy
Regulator urged administrators to assess and mitigate risks
Canadian investors bought foreign bonds, driving outflows in the month
Opinion: The answer comes down to diversification and liquidity factors
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