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Equifax testing use of rent data for credit scores

Policy could be a double-edged sword for renters, advocates warn

Green globe in forest
From the Regulators

Nature, workforce risks next on ISSB’s agenda

Standards setter defines its policy direction beyond climate disclosures

environment
From the Regulators

FCA escalates greenwashing fight

Regulator seeks to extend regime to portfolio managers

checking stock market data on a mobile device
Research and Markets

Fund sales slip in March, but assets rise: IFIC

ETFs outperform mutual funds in both net sales, asset gains

compliance

Budget softens mandatory tax disclosure regime

While financial advisors are still subject to the rules, the budget change could undermine lawyers Charter challenge of the regime

Wall street sign in New York with American flags and New York Stock Exchange background.
Research and Markets

Wall Street banks see brighter capital markets

A rebound in investment banking represents a ray of hope for sector

inequality between people
Research and Markets

Wealth gap widens to highest since 2015: TD

Middle- and low-income households saw stagnated income growth or declines

Boardroom talk
Industry News

First Nations on cusp of more self-sustaining project financing

Only a matter of time before equity deals on pipelines are announced, says RBC top exec McKay

Building graph
Industry News

AIMCo’s balanced fund falls short of benchmark in 2023

Returns affected by high inflation and interest rates, geopolitics, chief executive says

Court.
From the Regulators

Court certifies crypto class action against Binance

Suit alleges that retail investor trades violated securities law

Mining resources
Research and Markets

Raw materials prices rise in March: StatsCan

Surging crude energy prices drive higher raw material costs

CRA signage
Industry News

Bare trusts still must file an underused housing tax return

April 30 deadline looms for 2022 and 2023 UHT returns 

Tiff Macklem
Research and Markets

Macklem says different countries will cut rates at own pace

Economists expect Canada to begin cutting interest rates before the U.S.

Quebec raises amount of capital gains subject to tax

Move mirrors announcement from the federal budget tabled Tuesday

Underused housing tax to generate $694 million: PBO report

PBO said the costs to administer the UHT could "significantly reduce" revenue generated

Ottawa to force banks to label carbon rebate in direct deposits

Some banks, but not all, have amended their procedures

  • By: Mia Rabson
  • April 19, 2024 April 19, 2024
  • 10:11

Industry moves this week

Notable news comes from banking, and a new leader joins Sterling Mutuals

  • By: Katie Keir
  • April 15, 2024 April 15, 2024
  • 13:17

Sam Albanese, industry pioneer, dies at 76

Friends, colleagues remember him as an innovator who was dedicated to his field

Industry moves this week

A mix of retirements and firm expansions, alongside RBC's termination notice

  • By: Katie Keir
  • April 10, 2024 April 9, 2024
  • 07:01

TFSAs, RRSPs and more could see changes in allowed investments

Qualified investments review could lead to lower costs for investors but also restrictions

OSC still overseeing Emerge Canada as receivable remains unpaid

The regulator's investigation into Emerge Canada is ongoing

Private markets becoming more accessible, but due diligence needed

Compared to public markets, private markets have less transparency and offer less liquidity

Crypto manipulator convicted

Trader defrauded platform of over US$110 million in novel market manipulation

OSC hikes fees for crypto firms

Regulator adopts new charges to cover added costs on overseeing crypto sector

CIRO seeks stiffer enforcement sanctions

SRO proposes doubling maximum fines, toughening suspensions

Global credit risks abound, even as growth surprises

Short-term strength overshadowed by rising rate uncertainty

Household debt climbs higher: StatsCan

Mortgage borrowing accelerates, while other sources of debt growth slow

New one-month T-bill launches in May

New instrument aims to fill a void created as CDOR is retired