Economy grew 0.5% in January, Statistics Canada reports
BMO increases GDP growth estimate for 2023
- By: The Canadian Press
- March 31, 2023 March 31, 2023
- 11:58
Top Stories in News
New insurance product for charitable donations could minimize philanthropy risk
Canada Life product addresses insurance-trafficking concerns that have previously dogged donations of life insurance
- By: Melissa Shin
- March 30, 2023 March 31, 2023
- 17:12
From the Regulators
U.S. sanctions Wells Fargo for oversight failures
Federal Reserve, Treasury fine bank for lapses that enabled U.S. sanctions breaches
- By: James Langton
- March 30, 2023 March 30, 2023
- 16:58
Why clients may have to wait for FHSAs
Firms are scrambling to set up back-office systems and internal procedures for the complex accounts
- By: Rudy Mezzetta
- March 30, 2023 March 31, 2023
- 16:47
Small biz confidence for year ahead edges up in March
Expectations for business performance remain well below pre-pandemic levels
- By: IE Staff
- March 30, 2023 March 30, 2023
- 15:44
Industry News
Biden calls to revive U.S. bank regulations
Potential changes include greater capital requirements and more aggressive regulatory supervision
- By: Josh Boak, Fatima Hussein, The Associated Press
- March 30, 2023 March 30, 2023
- 14:42
Research and Markets
Payroll employment up in January for fifth straight month
Average weekly earnings rose 2.9%, StatsCan said
- By: IE Staff
- March 30, 2023 March 30, 2023
- 14:28
Industry News
FTX founder likely challenging new crypto charges, lawyer says
Earlier this week, a rewritten indictment charged Bankman-Fried with a new conspiracy count
- By: Larry Neumeister, The Associated Press, The Associated Press
- March 30, 2023 March 30, 2023
- 14:25
ESG reporting expectations on suppliers growing: BDC
Big companies are under pressure from investors to detail environmental, social and governance factors
- By: The Canadian Press
- March 30, 2023 March 30, 2023
- 14:04
U.S. revises down last quarter’s economic growth to 2.6% rate
The downgrade was slight, but consumer spending was down sharply
- By: Paul Wiseman, The Associated Press
- March 30, 2023 March 30, 2023
- 11:53
From the Regulators
Ex-Portus chief’s co-conspirator pleads guilty
Woman admits to charges in fraud scheme involving Boaz Manor
- By: James Langton
- March 29, 2023 March 30, 2023
- 16:27
Industry News
CRA announces increase in prescribed rate for Q2 2023
Rate to rise for the fourth consecutive quarter
- By: Rudy Mezzetta
- March 29, 2023 March 29, 2023
- 15:16
Bank of Canada watching for potential spillovers from global banking stresses
Deputy governor Toni Gravelle said global banks are more resilient today than they were 15 years ago
- By: The Canadian Press
- March 29, 2023 March 29, 2023
- 15:01
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