Crypto is too volatile to replace the basic function of money, according to a report
Tighter credit standards are expected to be followed by a reduction in lending
Management group no longer ruling out individual asset sales
Committee needs data confirmation before rate cycle shifts
Once demand revives, aging populations will pressure labour market again
Deal resolves claims over mortgage prepayment charges
As more Canadians retire and the fixed income space grows, financial services companies are pivoting
Most of the funds are underperforming their category peers
Latest economists' survey points to friendlier conditions this year
Record-setting payout follows tip that caused regulator to widen ongoing investigation, prompted action from a second federal agency
Termination of First Horizon deal raises questions about banks and regulators alike
Strong growth in healthcare, restaurants and bars
A study of programs in other countries provides insights for Canada, the National Institute on Ageing says
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