Inflation slowed to 4.2% but much of that reflects lower gas prices
The Quebec regulator also plans to improve complaint handling and financial literacy
Toronto-based firm said it would use proceeds from the sale to pay down debt
However, banking sector isn't fully in the clear, superintendent said
Executive-level business leaders say inflation is an ongoing struggle
The federal housing agency predicted home prices, sales will see year-over-year declines in 2023
Regulator will issue penalties, without hearings, for minor rule violations
Slowdown reflects impact of Federal Reserve's aggressive drive to tame inflation
Only three percent of investment professionals say they are proficient in AI, CFA Institute finds
The move follows pledges to review housing as an asset class
Held off on a hike, but a cut in policy rate later this year ‘doesn't look like the most likely scenario’
One in 10 Canadians, many lacking employer-sponsored disability coverage, work in the gig economy
Institutional investors seek distribution from failed fund manager
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