Court certifies advisor vacation pay class action against RBC
Lawsuit claims advisors' payouts didn't include mandated vacation pay
- By: James Langton
- January 3, 2023 January 3, 2023
- 14:16
Lawsuit claims advisors' payouts didn't include mandated vacation pay
The new agency's leadership is dominated by former IIROC personnel
Stocks may move from jittery to range-bound as investors adjust to higher interest rates
Most of the money CEOs made was not from their salary, but from variable compensation
A jump in layoffs and unemployment claims would be an early sign of recession
Three in four CFIB poll respondents said fuel, energy costs create hardship
Respondents also said economic uncertainty makes planning difficult
Analyst forecasts softer trajectory for the company in 2023
Revenues up 17.6%, expenses down 15.6% from first seven months of 2021
TD expects inflation will fall next year but no consensus on whether BoC will hike rates further
U.S. personal consumption expenditures up 0.1% in November from October
Gains in spectator sports, decline in mining, oil and gas
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