In response to virus, Bank of England cuts main rate to 0.1%
“The public demands fast action,” said the central bank’s new governor
- By: Pan Pylas, The Associated Press, The Associated Press
- March 19, 2020 March 19, 2020
- 15:20
Latest news in Industry News
Details on how to access federal financial help
Here are the measures targeted at individuals, and what's been released about how to use them
- By: Jordan Press
- March 19, 2020 March 23, 2020
- 14:44
Finding long-term opportunities amid the chaos
Investment experts look past the grim news updates
- By: Michelle Schriver
- March 19, 2020 March 19, 2020
- 14:20
Fiera sees surge in Q4 profit
Net earning reached $5.3 million, rebounding from a net loss in the previous quarter
- By: Maddie Johnson
- March 19, 2020 March 19, 2020
- 12:19
CFP exam candidates recognized for top achievement
FP Canada adds three new members to its President's List
- By: Maddie Johnson
- March 19, 2020 March 19, 2020
- 11:08
Fed launches mutual fund backstop
Facility aims to ensure funds can meet increased redemption demands
- By: James Langton
- March 19, 2020 March 19, 2020
- 10:51
NYSE to shut equities, options trading floors
The U.S. exchange giant will switch to all-electronic trading on March 23
- By: James Langton
- March 19, 2020 March 19, 2020
- 10:06
CIBC chief executive Victor Dodig compensation down last year compared with 2018
Top executives at other big banks also saw their compensation decline last year
- By: IE staff, with files from Canadian Press
- March 18, 2020 March 18, 2020
- 16:51
Feds announce relief for retirees drawing down RRIFs
The minimum withdrawal rate is being reduced by 25% for 2020
- By: Greg Dalgetty
- March 18, 2020 March 18, 2020
- 16:01
Trudeau promises $82B in economic support in Covid-19 fight
The single biggest item is deferring tax payments until August, accounting for an estimated $55 billion
- By: The Canadian Press
- March 18, 2020 March 18, 2020
- 15:33
Liquidity measures abound, but markets remain spooked
Experts weigh in on whether stimulus packages will be enough
- By: IE Staff, The Associated Press
- March 18, 2020 March 18, 2020
- 13:45
Canadian banks move to help customers, allow deferral of mortgage payments
Banks will allow customers to defer mortgage payments for up to six months
- By: The Canadian Press
- March 18, 2020 March 18, 2020
- 11:19
No love for reduced trading hours
CME Group chief argues against a shorter trading day
- By: James Langton
- March 17, 2020 March 17, 2020
- 16:08
CFTC provides relief to enable social distancing
Requirements have been relaxed to enable firms to operate remotely
- By: James Langton
- March 17, 2020 March 17, 2020
- 15:30
Quebec delays tax-filing deadline
Government takes steps to accommodate the effects of public health measures on tax season
- By: James Langton
- March 17, 2020 March 17, 2020
- 13:04
Big banks working together to limit branch hours, emphasize mobile banking
Special care will be given to branches in rural communities
- By: The Canadian Press
- March 17, 2020 March 17, 2020
- 12:41
Several banks lower prime lending rate — again
The cut is the second in two weeks
- By: The Canadian Press
- March 17, 2020 March 17, 2020
- 12:40
Feds launch revised insured mortgage purchase program
The measure provides liquidity for lenders
- By: IE Staff
- March 16, 2020 March 16, 2020
- 17:33
GMP-Richardson deal on hold
Market volatility results in postponement
- By: James Langton
- March 16, 2020 March 16, 2020
- 17:15
TSX, Nasdaq scale back on-site staff
There will be more remote working, and Nasdaq is set to close an options trading floor in Philadelphia
- By: James Langton
- March 16, 2020 March 16, 2020
- 11:32
Study says few workers have paid leave, qualify for EI if off job due to Covid-19
Most of the workers who could use financial assistance can't easily work from home
- By: The Canadian Press
- March 16, 2020 March 16, 2020
- 10:41
Supreme Court rules on tax treatment of derivative
Majority rules derivative was used as a hedge, not to speculate
- By: James Langton
- March 13, 2020 March 13, 2020
- 15:56
Bank of Canada cuts rate target to 0.75% in response to Covid-19
The announcement came alongside measures announced by the federal government
- By: The Canadian Press, IE Staff
- March 13, 2020 March 13, 2020
- 14:50
House of Commons closes for five weeks over Covid-19 concerns
The federal budget, slated for March 30, was postponed
- By: The Canadian Press
- March 13, 2020 March 13, 2020
- 12:21