Stablecoins need real regulation to pay off: C.D. Howe
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
- By: James Langton
- February 16, 2023 February 16, 2023
- 15:17
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Canadian UHT “unnecessary burden,” offside USMCA: Congress member
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year
BoC ready to raise rates further if inflation sticks around
Wage demands could moderate with economy in “middling phase”
New governance structure to be adopted in second quarter
Rule changes would extend advisers' obligations to all client assets
The man, along with others, made millions front running recommendations from The Motley Fool
Wealth leader Stephan Bourbonnais wants the iA businesses to lead the way in the new self-regulatory regime
Investment activity expected to remain subdued in 2023, KPMG reports
January's solid spending will likely raise pressure on the Federal Reserve to hike rates further
Compared to a year ago, sales were down 37%
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