Wealthsimple launching private credit fund with Sagard
Only certain investors will have access to the fund, which comes with redemption limits and performance fees
- By: Mark Burgess
- March 22, 2023 March 22, 2023
- 12:24
Top Stories in News
Industry News
U.K. inflation jumps to 10.4%, surprising analysts
Quarter-point rate hike predicted as Ukraine war drives prices up
- By: Danica Kirka, The Associated Press
- March 22, 2023 March 22, 2023
- 11:51
Industry News
Canadian home sales expected to pick up in spring but inventory still lags
New listings down 26% year over year, average price down 19%
- By: Tara Deschamps, The Canadian Press
- March 22, 2023 March 22, 2023
- 11:46
Industry News
Quebec cuts taxes for lowest income brackets
The province is also increasing the maximum age for applying for a retirement pension to 72 from 70
- By: Richard Cloutier, Finance et Investissement Staff, The Canadian Press
- March 21, 2023 March 21, 2023
- 17:03
“Bank run-type scenario” at lifecos highly unlikely: DBRS
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
- By: IE Staff
- March 21, 2023 March 21, 2023
- 15:43
From the Regulators
Yellen says bank situation stabilizing, different from 2008
Treasury Secretary said more rescue efforts could be necessary to prevent contagion
- By: Fatima Hussein, The Associated Press
- March 21, 2023 March 21, 2023
- 15:27
NB budget raises health-care spending by 10%
The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth
- By: Hina Alam, The Canadian Press
- March 21, 2023 March 21, 2023
- 13:56
Banks lobby for higher deposit insurance limit ahead of federal budget
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
- By: Mark Burgess
- March 21, 2023 March 21, 2023
- 13:41
Inflation in Canada continues to slow, reaffirming BOC’s rate pause
The 5.2% reading in February marked the largest deceleration since April 2020
- By: The Canadian Press
- March 21, 2023 March 21, 2023
- 13:38
People
Canaccord appoints former Ontario finance minister to board amid takeover tussle
New appointments come a week after four board members opposed to the takeover resigned
- By: Mark Burgess
- March 21, 2023 March 21, 2023
- 12:29
How Manulife Securities-Fidelity deal signals a larger trend
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
- By: Greg Meckbach
- March 20, 2023 March 20, 2023
- 17:49
Finance Minister outlines priorities as pre-budget week kicks off
The government will show more fiscal restraint as part of efforts to rein in inflation
- By: The Canadian Press
- March 20, 2023 March 20, 2023
- 16:42
People
Women make up one-third of S&P/TSX composite board positions for first time
Women held 33.7% of board seats, up from 27.9% in January 2020
- By: The Canadian Press
- March 20, 2023 March 20, 2023
- 15:15
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