BoC might have to rethink rate pause as unemployment remains very low: economists
Average hourly wages rose 5.2% but hiring is not happening as broadly
- By: Nojoud Al Mallees, Canadian Press
- May 5, 2023 May 5, 2023
- 10:57
Top Stories in News
RF Capital to focus on recruiting, M&A to boost growth
Richardson Wealth parent firm posted $5.3-million net loss in first quarter
- By: Rudy Mezzetta
- May 4, 2023 May 4, 2023
- 16:30
FSRA revises proposed fee rule
Some fees reduced to reflect existing OSC oversight of new SRO
- By: James Langton
- May 4, 2023 May 4, 2023
- 16:19
Moody’s reports brighter outlook for Ontario
Rating agency upgrades view on province's finances
- By: James Langton
- May 4, 2023 May 4, 2023
- 16:10
BoC can address banking system stress, even as it fights inflation: Macklem
Central bank is prepared to raise interest rates further if required
- By: Nojoud Al Mallees, Canadian Press
- May 4, 2023 May 4, 2023
- 15:37
Research and Markets
Consumer spending slowed in March: TD report
Customer card data signal monthly slowdown in spending
- By: James Langton
- May 4, 2023 May 4, 2023
- 15:10
From the Regulators
Biodiversity may be next for ISSB
Standards setter seeks input on what to tackle after climate reporting
- By: James Langton
- May 4, 2023 May 4, 2023
- 14:49
As LIBOR ends, regulators cut firms some slack
ASC, OSC give firms deadline extension on derivatives data reporting
- By: James Langton
- May 4, 2023 May 4, 2023
- 14:31
Industry News
IGM Financial assets, wealth management revenues fell in Q1
Net flows decreased by 60% to $990 million from $2.5 billion a year earlier
- By: IE Staff
- May 4, 2023 May 4, 2023
- 12:20
Merchandise trade surplus $972M in March, StatsCan says
A large drop in imports was led by reductions in pharmaceuticals
- By: IE staff, with files from Canadian Press
- May 4, 2023 May 4, 2023
- 11:56
Industry News
CRA, union reach tentative deal, ending strike of 35,000 workers
The agreement includes wage increases plus a pensionable one-time lump sum payment of $2,500
- By: The Canadian Press
- May 4, 2023 May 4, 2023
- 10:30
European Central Bank slows pace of rate hikes but vows more
The quarter-point increase comes a day after the Federal Reserve's identical move
- By: David Mchugh, The Associated Press
- May 4, 2023 May 4, 2023
- 10:12
SEC steps up disclosure demands on hedge, PE funds
Rules aim to enhance systemic risk oversight and investor protection
- By: James Langton
- May 4, 2023 May 4, 2023
- 09:13
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