Bye bye, LIBOR; welcome, CORRA
U.S.-dollar LIBOR put to pasture as the first phase of CDOR reform ends
- By: James Langton
- June 30, 2023 June 30, 2023
- 17:04
U.S.-dollar LIBOR put to pasture as the first phase of CDOR reform ends
Trustees must use Schedule 15 to report names, addresses and tax information numbers for beneficiaries
Crypto firm failed to make its case staying regulator's investigation order, summons
Report highlights an unwelcome side effect of strong population growth
The proportion of consumers surveyed who think a recession is likely was 50%, down from 58% in the previous quarter
SEDAR will no longer be available for filing the night of July 20
Although GDP was flat for April, it showed strengths
Deloitte report suggests Canadians are likely to embrace new banking model once it goes live
Authorities bring series of cases alleging array of trading misconduct
Regulator's units to tackle new frontiers in fraud and misconduct
The decrease in confidence follows a seven-month upswing, the CFIB said
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
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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