Financial services regulations to be updated in several areas
Promises include more consultation, fostering of bank competition and relief for compliance burdens
- By: James Langton
- February 11, 2014 October 21, 2019
- 16:30
Promises include more consultation, fostering of bank competition and relief for compliance burdens
Jamie Golombek, managing director, tax and estate planning, CIBC Private Wealth Management, reports that Budget 2014 proposes an immediate end to the 60-month exemption on…
EY report highlights challenges facing the industry in 2014
Companies to cut their reserves as they lower the price for gold used in their estimates
Canadian card losses to rise modestly in 2014
Stricter rules for charities twill be outlined in 2014 federal budget
Cross-Canada sessions planned for February
Unemployment falls to 7%
Countries with reliance on external funding have been “most vulnerable”
Financials poised to perform well in 2014
Asian giant’s growth outlook will impact commodities markets, resource companies’ earnings, and the prospects for rebounding growth in Canada
Prices expected to edge lower in 2015-16
Non-energy exports remain low; house prices still overvalued
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Fifth straight monthly increase in real GDP
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Trend will reverse as inflation picks up, and interest rate hikes become more likely
Proposals include a ban on proprietary trading and splitting trading activities into separate subsidiaries
Guidance on interest rates unchanged
Strength in other sectors can’t fill gap left by a slow year in natural resources
Bearish sentiment on the Canadian dollar up dramatically
Winning paper investigates the relation between the bull and bear markets of commodity prices and commodity stocks
Alberta households spent the most on goods and services
Debt ceiling uncertainty could further reduce capital markets activity