Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns
The response came after sharp drops Thursday on North American stock markets
- By: Jordan Press
- March 13, 2020 March 13, 2020
- 11:46
Latest news in Industry News
Broker preferencing for Nasdaq CXD
Exchange gets regulatory approval for feature that aids internalization
- By: James Langton
- March 12, 2020 March 12, 2020
- 13:52
CME to shutter trading floor
Move reflects efforts to stem the spread of Covid-19
- By: James Langton
- March 12, 2020 March 12, 2020
- 11:15
European Central Bank deploys stimulus to ease virus damage
The ECB decided to buy up to 120 billion euros more in bonds this year
- By: David McHugh, The Associated Press
- March 12, 2020 March 12, 2020
- 10:47
Your senior clients may be eligible for these benefits, credits and expenses
Follow these tax tips from the CRA
- By: IE Staff
- March 11, 2020 March 11, 2020
- 12:42
Bank of England cuts key interest rate in response to virus
The cut took the main rate to a record-low 0.25%
- By: Pan Pylas, The Associated Press, The Associated Press
- March 11, 2020 March 11, 2020
- 11:07
U.S. consumer prices grew 0.1% in February as food costs rose
Services continued to be the main driver of price gains
- By: Christopher Rugaber, The Associated Press, The Associated Press
- March 11, 2020 March 11, 2020
- 10:49
Quebec budget hikes spending to ‘stimulate’ economy amid global uncertainty
The Coalition Avenir Quebec government's second budget projects a $2.7-billion surplus
- By: Giuseppe Valiante
- March 10, 2020 March 10, 2020
- 16:35
North American stock markets partially rebound on stimulus hope and higher crude
The S&P/TSX composite index closed up 3.1% on Tuesday
- By: The Canadian Press
- March 10, 2020 March 10, 2020
- 16:27
Broker not to blame for investor’s massive tax bill
An Ontario court has ruled that TD Waterhouse was not at fault for a surprise $4.1-million tax bill
- By: James Langton
- March 10, 2020 March 10, 2020
- 14:53
Equisoft’s new tool measures investors’ financial well-being
The company says the tool can speed up the discovery process for advisors
- By: Maddie Johnson
- March 10, 2020 March 10, 2020
- 12:05
Canada’s biggest banks make changes amid virus concerns
Several financial institutions said they were changing trading operations as a precautionary measure
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- March 10, 2020 March 10, 2020
- 11:03
SEC urges Washington workers to stay home after virus scare
The SEC said operations would not be affected
- By: Darlene Superville, The Associated Press
- March 10, 2020 March 10, 2020
- 10:53
Morneau attempts to ease virus concerns
The government is looking to help keep Canada's health-care system healthy
- By: Jordan Press
- March 10, 2020 March 10, 2020
- 10:51
OECD scraps CLI release
The current data don't adequately reflect the effects of Covid-19
- By: James Langton
- March 9, 2020 March 9, 2020
- 11:52
Annual pace of housing starts slowed in February
The seasonally adjusted annual rate of housing starts slipped to 210,069 units, down from 214,031 in January
- By: The Canadian Press
- March 9, 2020 March 9, 2020
- 10:39
Conservatives call for spending cuts, waste reduction in federal budget
Finance critic Pierre Poilievre said the economy was struggling even before the novel coronavirus and rail blockades began
- By: Jim Bronskill, The Canadian Press, The Canadian Press
- March 9, 2020 March 9, 2020
- 10:33
As ETFs turn 30, investor interest increases
A survey from Mackenzie finds 68% of ETF investors plan to increase their ETF holdings
- By: Maddie Johnson
- March 6, 2020 April 3, 2020
- 13:25
Canadian government preparing to protect Canadians from coronavirus
Morneau says the government will increase its risk adjustment provision in the federal budget
- By: Tara Deschamps, The Canadian Press, Jordan Press, The Canadian Press
- March 6, 2020 March 6, 2020
- 10:41
Canada added 30,300 jobs in February
Young workers saw an increase of 20,000 jobs, but their unemployment rate was unchanged at 10.3%
- By: The Canadian Press
- March 6, 2020 March 6, 2020
- 10:35
U.S. added robust 273K jobs in February
The economy was in strong shape before fears of the the coronavirus escalated
- By: Christopher Rugaber, The Associated Press, The Associated Press
- March 6, 2020 March 6, 2020
- 10:29
RBC’s McKay earned $13.7 million in 2019
David McKay’s total compensation was down compared to 2018, but higher than other banks’ chief executives
- By: IE Staff
- March 5, 2020 March 5, 2020
- 16:24
European regulators cancel meetings, travel
The measures are motivated by the coronavirus
- By: James Langton
- March 5, 2020 March 5, 2020
- 15:33
Immediate worry of Covid-19 spurred Bank of Canada rate cut, Poloz says
Downside risks to the economy outweighed the risk of increasing household debt
- By: Jordan Press, Tara Deschamps, The Canadian Press, The Canadian Press
- March 5, 2020 March 5, 2020
- 13:16
Several banks match Bank of Canada with 50-basis-point cut to prime interest rate
The BoC cut came in response to the coronavirus
- By: The Canadian Press, IE Staff
- March 5, 2020 March 5, 2020
- 10:39