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Fundata recognizes 57 companies at annual event

A total of 386 funds received the firm's FundGrade A+ award

UBS buys California robo advisor in digital advice push

Wealthfront acquired for US$1.4 billion in cash

Bank of Canada keeps key interest rate target on hold but warns of looming hikes

The Bank of Canada warned Wednesday that rates will need to rise to bring inflation back to the central bank's 2% target

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Canada’s tax system too complex for automatic filing, study suggests

C.D. Howe report recommends separating access to benefit programs from the filing of tax returns

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Retail sales climbed 0.7 % in November: StatsCan

December GDP could be less than expected, a CIBC economist warns

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Climate, Covid, China: Takeaways from online Davos event

Rising consumer prices and likely interest rate hikes are among the top issues at the virtual World Economic Forum

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Insurer wrong to deny payout in murder case

Ontario court rejects claim that victim misled company about his past

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ESMA to examine funds’ valuation practices

Valuation risks could threaten financial stability, European regulators warn

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Federal Reserve study on digital currency leans to role for banks

Banks or payment firms would create accounts or digital wallets, the report said

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Luxury home sales triple in some cities

The greatest increases were in smaller urban markets

  • By: IE Staff
  • January 20, 2022 January 20, 2022
  • 12:48
ESG growth

Advisors overestimate their RI knowledge

According to a new RIA survey, nearly all respondents could not correctly identify three true statements out of 10 about responsible investing

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CRA provides details on deducting work-from-home expenses for 2021, 2022

Employees who worked from home due to the pandemic in 2021 can claim up to $500 in expenses under $2/day flat rate method

Canada Parliament and Canadian Flag over blue sky.

PBO report questions need for Liberals’ planned stimulus spending

Any stimulus should be wound down before the end of March, says federal parliamentary budget officer Yves Giroux

woman sitting at laptop

Prosper Canada offers online tool to aid access to government benefits

Tool allows users to "navigate the maze of government information," charitable group says

  • By: IE Staff
  • January 19, 2022 January 19, 2022
  • 12:00
New recruit selected from a line of four

Firms finding skills gap when it comes to sustainable finance

Good ESG help is hard to find

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

Four in 10 financial workers feeling burned out

Only about half said their employer helps them cope with workplace stress

  • By: IE Staff
  • January 17, 2022 January 18, 2022
  • 14:17
Toronto skyline from center island

2021 home sales set new record, top previous high by 20%

The national average home price hit $713,500 last month, up almost 18% from the previous December

tax inspector investigating financial documents

CRA won’t administer proposed new trust reporting rules

Expanded trust reporting requirements announced four years ago were set to be effective, but feds still haven't passed legislation to enable them

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Natixis sells minority stake in Fiera Capital

A 2019 distribution agreement remains in place, with Fiera as Natixis' preferred Canadian distributor

  • By: IE Staff
  • January 14, 2022 January 14, 2022
  • 12:43
United States Federal Reserve System symbol

Biden proposes three new U.S. Fed governors

If approved by the United States Senate, Michigan State prof Lisa Cook would be the first Black woman to serve on the Federal Reserve Board…

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Helping clients make decisions in tumultuous times

For clients making life changes during Covid-19, advisors are providing clarity

gavel

ASC permanently bans convicted fraudster

The former Alberta resident operated a Ponzi scheme through his Ontario business

  • By: IE Staff
  • January 13, 2022 January 13, 2022
  • 13:17

Liberals extend repayment deadline for emergency business account to 2023

The program has provided loans worth almost $50 billion to more than 898,000 companies

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$10 billion raised in IPOs last year on Canadian exchanges

Canaccord, Haywood and RBC DS were the top three dealers when measured by number of IPOs

  • By: IE Staff
  • January 12, 2022 January 12, 2022
  • 14:35
Wall street sign in New York with American flags and New York Stock Exchange background.

U.S. inflation soared 7% in past year, the most since 1982

Core prices jumped 5.5% year over year in the United States, the highest such increase since 1991, driven in part by mismatches between demand and…