Final rules for a ban beginning June 1 were sent to the finance minister for approval
BCSC collects US$350,000 toward $36.7-million enforcement debt
Mortgage debt rebounds alongside housing market; credit card debt climbs too
Also, QAFP certification has been streamlined
Food prices jumped 19.2% in the 12 months through February, according to the Office for National Statistics
Clients missed out on potential tax benefits after firm failed to alert them to changes in automated service
Investor protections under securities law create priority in receivership
Kilfoyle moves from IG Wealth Management to lead products and platforms
Regulator addresses criticism of its agenda in revised priorities
Housing market, bank liquidity and the commercial real estate sector top the regulator's list of concerns
The Bank of Canada's preferred measures of core inflation also trended downward
The low take-up means the federal government spent less than it allocated for the measures
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