Ottawa posts $5.5 billion deficit for April to December
Rate hikes push federal debt charges to $25.8 billion for first nine months
- By: The Canadian Press
- February 24, 2023 February 24, 2023
- 11:55
Rate hikes push federal debt charges to $25.8 billion for first nine months
Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%
Pace of increase should get closer to normal: Desjardins chief economist
Banking regulators warned about added liquidity risks from crypto clients
Smart contracts coded to auto-cheat investors, U.S. authorities allege
Both goods and services employment rose, while the decline in unfilled jobs levelled off
Ontario's Ministry of Finance says it is still assessing the OSC's report a year after it was submitted
Knowledge about saving and investing is lacking, polls show
Both mutual funds, ETFs had net redemptions in January, IFIC reports
Man settled allegations of trading ahead of miner's acquisition
The decline reflected weak demand and decreasing energy prices
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