Rates to stay higher for longer amid inflation, 2024 forecast revised down
Job cuts at Mackenzie Investments, and more
Regulator asserts jurisdiction and calls for whistleblower tips
Provincial groups and the national body are at odds over how best to represent CPAs across the country
Sales at general merchandise retailers rose 3.3% in April, while food and beverage retailers saw a gain of 1.5%
Inflation held steady at 8.7% in the year to May, against expectations for a modest decline
Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says
Latest increase ensures banks have a cushion to absorb rising credit losses
AI can help pitch products and identify clients likely to defect
Par life accounts eventually benefit from higher interest rates
Credit ratings, outlooks under pressure as challenges mount for U.S. commercial property sector
Latest numbers highlight growing stress in the industrial and financial trades
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