Wellington-Altus changes take shape, plus other industry announcements
Advisors should be as thorough as possible when going through insurance applications with a client
Pair of new trading books, order types to launch Oct. 23
Pair pleads to money laundering charges in major crypto theft case
Core inflation recedes alongside falling energy prices
Margins, profits to be squeezed as consumer protections boosted
Regulators found firms are failing to identify and manage conflicts in clients' best interests
There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year
The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250
Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row
Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages
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