Inflation likely slowed again in April, but economists say wage growth a top concern
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
- By: Nojoud Al Mallees, Canadian Press
- May 12, 2023 May 12, 2023
- 13:39
Top Stories in News
Industry News
U.K. economy grows sluggishly in 1st quarter as double digit inflation curbs consumer spending
No recession but output dropped in several sectors affected by strikes
- By: Danica Kirka, The Associated Press
- May 12, 2023 May 12, 2023
- 11:09
Grocery rebate bill receives royal assent
The CRA will deliver the one-time GST credit boost to Canadians in July
- By: Rudy Mezzetta
- May 11, 2023 May 11, 2023
- 16:53
Insolvencies in March up 28.3% year over year, report says
The increase came as Canadians faced higher interest rates
- By: The Canadian Press
- May 11, 2023 May 11, 2023
- 15:12
From the Regulators
FCAC seeks single body for bank complaints
Applications due June 26 for the job of enhancing complaint handling
- By: James Langton
- May 11, 2023 May 11, 2023
- 14:50
Research and Markets
Breaking the doom loop for U.S. banks
To calm fears, DBRS calls for the return of a crisis-era guarantee
- By: James Langton
- May 11, 2023 May 11, 2023
- 14:26
Manulife reports net income of $1.4B in first results under new standards
Within wealth management, retail net inflows dropped 80%
- By: IE staff, with files from Canadian Press
- May 11, 2023 May 11, 2023
- 13:57
Industry News
CI Financial sells 20% stake in U.S. business
Proceeds of $1.34-billion deal will pay down debt
- By: Rudy Mezzetta
- May 11, 2023 May 11, 2023
- 13:19
OSC suspends Emerge Canada for capital deficiency
The Ontario Securities Commission says Emerge Canada has likely had insufficient working capital since September 2022
- By: Melissa Shin
- May 11, 2023 November 8, 2023
- 12:27
BoE raises U.K. interest rates to highest level since 2008
The hike — the 12th in a row — puts more pressure on borrowers
- By: Pan Pylas, The Associated Press, The Associated Press
- May 11, 2023 May 11, 2023
- 11:27
CFTC, SEC sanction Scotia for texting violations
Senior employees used WhatsApp for business communications, regulators find
- By: James Langton
- May 11, 2023 May 11, 2023
- 11:23
OSFI reviewing liquidity treatment of high-interest savings account ETFs
Review will examine whether the risks of the fast-growing category are adequately captured
- By: James Langton
- May 10, 2023 May 10, 2023
- 17:29
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
- By: Ritika Dubey, The Canadian Press
- April 29, 2026 April 29, 2026
- 17:22
Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
- By: James Langton
- April 29, 2026 April 29, 2026
- 16:09
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:50
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:55
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
- April 29, 2026 April 29, 2026
- 09:29
FCA launches ESG ratings pilot
Project designed to avoid creating needless burden with new regime
- By: James Langton
- April 28, 2026 April 28, 2026
- 12:39
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 14:24
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Fed chair Powell may reveal next steps Wednesday
Powell has signalled he could stay on Fed board after term as chair ends May 15
- By: Christopher Rugaber, The Associated Press
- April 28, 2026 April 28, 2026
- 10:21
Kevin Gopaul to head up VanEck’s expansion into Canada
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 17:30
Industry moves: Former BMO private wealth head Geoff Newton joins RBC Wealth Management
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 16:05
Product roundup: First Trust launches energy ETF
Plus, a new gold bullion mutual fund and a slew of product lineup changes
- By: Noushin Ziafati
- April 24, 2026 April 24, 2026
- 17:15
Opinion: Insurers need to call the same riders by the same names
Clarity for clients makes it easier to shop across carriers
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 12:59
‘Market weakness’ causes mutual fund, ETF asset declines in March: SIMA
At the same time, both fund types recorded positive net sales
- By: Noushin Ziafati
- April 21, 2026 April 21, 2026
- 15:52