Court dismisses challenge to raising retirement age
Decision upholds lower court ruling in favour of pension plan, trustees
- By: James Langton
- March 15, 2023 March 15, 2023
- 14:40
Decision upholds lower court ruling in favour of pension plan, trustees
Credit Suisse dropped 24% on SIX, chairman defends “strong balance sheet”
Canadian bonds and equities down, offset by funds' offshore holdings, StatsCan reports
Fallout from China's pandemic policy sabotaged output
Amid historic inflation and hospital strikes, financial advisor says Hunt “needs to remain boring and predictable”
Sales rose 2.5% month over month, average home costs $662,437: CREA
Most executives' compensation beat their target pay
Panel concluded that rep was participating in proceeding anonymously
Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders
Recent portfolio changes addressed the challenges presented by high inflation, managers said
Pair pleaded guilty in penny stock fraud scheme
SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble
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