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
- By: Tara Deschamps, The Canadian Press
- January 17, 2022 January 17, 2022
- 11:46
Latest news in Industry News
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
- By: Rudy Mezzetta
- January 14, 2022 January 17, 2022
- 15:37
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
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…
- By: Christopher Rugaber, The Associated Press
- January 14, 2022 January 14, 2022
- 10:47
Helping clients make decisions in tumultuous times
For clients making life changes during Covid-19, advisors are providing clarity
- By: Michelle Schriver
- January 13, 2022 January 13, 2022
- 16:47
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
- By: Laura Osman, The Canadian Press
- January 12, 2022 January 12, 2022
- 15:45
$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
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…
- By: Christopher Rugaber, The Associated Press
- January 12, 2022 January 12, 2022
- 10:04
CI Financial acquires Northwood Family Office
Toronto-based firm manages $2.2 billion in assets for HNW and UHNW clients
- By: Rudy Mezzetta
- January 11, 2022 January 11, 2022
- 10:09
Fed vice-chairman Richard Clarida resigns amid trading scandal
Clarida was scheduled to finish his term this month but will instead resign about two weeks early
- By: Christopher S. Rugaber
- January 10, 2022 January 11, 2022
- 17:02
Banking regulator looking at higher capital buffer for climate risks
OSFI will launch discussions with financial institutions as it looks to produce climate risk guidelines this year
- By: Ian Bickis, The Canadian Press
- January 10, 2022 January 10, 2022
- 15:44
Inflation hits record of 5% in 19 countries using the euro
Energy costs jumped 26%, Eurostat reports, while food price increases also contributed to European inflation
- By: The Associated Press
- January 7, 2022 January 7, 2022
- 15:01
Fed officials now seeing U.S job market near full recovery
December minutes show policymakers suggested they could hike three times this year
- By: Christopher Rugaber, The Associated Press
- January 5, 2022 January 5, 2022
- 15:34
ISS to launch new data verification portal
Initiative expands companies ability to fact check proxy research
- By: James Langton
- January 5, 2022 January 5, 2022
- 13:34
Canadian DB pensions should de-risk in 2022, experts say
Pension solvency and funding have increased over the past year
- By: IE Staff
- January 4, 2022 April 1, 2022
- 13:37
Federal documents hint at sweeping economic impact from central bank ‘digital loonie’
The Finance Department has looked at legislation linked to a central bank digital currency
- By: Jordan Press
- January 4, 2022 January 4, 2022
- 12:45
OPEC, allies keep gradually pumping more oil amid omicron
Prices have recovered after a slide in late November when the new variant emerged
- By: David McHugh
- January 4, 2022 January 4, 2022
- 12:31
Europe’s shared notes and coins turn 20 at New Year’s
Work remains to reinforce the shared currency, finance ministers say
- By: David McHugh, The Associated Press
- December 31, 2021 December 31, 2021
- 11:44
Head of BMO Private Wealth to retire
Andrew Auerbach will depart in the coming months after more than two decades with the firm
- By: IE Staff
- December 30, 2021 December 30, 2021
- 12:12
CPP premiums are getting a bigger bump than planned
The reason lies with the pandemic's unique impacts on the labour market
- By: Jordan Press, The Canadian Press
- December 29, 2021 December 29, 2021
- 15:21
Growing wealth versus paying debt: how Canadians ranked financial priorities
Among survey respondents who took on more debt in 2021, 37% said their expenses exceeded their monthly incomes
- By: IE Staff
- December 29, 2021 December 29, 2021
- 15:11
Banks offer big climate commitments in 2021, but key details are yet to come
Canada's big banks are still major funders of the fossil fuel industry. It remains to be seen how quickly they are prepared to move toward…
- By: Ian Bickis, The Canadian Press
- December 29, 2021 December 29, 2021
- 11:14
Finance raises auto deduction rates
Two deduction limits haven't been raised since the early 2000s
- By: Melissa Shin
- December 23, 2021 December 23, 2021
- 16:58
Hedge fund industry foresees asset growth in 2022
Investors will look to alternatives in a challenging market environment
- By: IE Staff
- December 23, 2021 December 23, 2021
- 13:46