Latest news in Industry News

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

U.S. consumer inflation eased again to 6.5% in December

Prices down 0.1% month over month as cost of gas, used autos decline

plan idea

New term benchmarks in the works

Term CORRA to be available by Q3, but usage will be limited

Two people, senior married couple in their empty apartment.

Federal tax credit for multi-generational home renos now available

The credit took effect on Jan. 1

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

MFDA firms limited DSC fund sales well ahead of ban: report

Also, fewer advisors left the advisory channel as the ban's effects faded

  • By: IE Staff
  • January 11, 2023 January 11, 2023
  • 15:12
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Focus shifts to labour market in inflation fight

Central banks must contend with hot labour market but avoid overtightening

Downtown office buildings Toronto

Bank CEOs say higher credit requirements manageable

In December, OSFI raised banks' capital requirements by half a percentage point

Management-led group makes takeover bid for Canaccord Genuity

Special committee of board members has reservations about the offer

Washington DC USA , Sep 03 2019 : Labor sign and building.

Cooler hiring and milder pay gains could aid inflation fight

U.S. unemployment at 53-year low of 3.5%, wage growth at 4.6% in December

variety of euro coins and bills

Europe’s inflation slows again but cost of living still high

December rate of 9.2% down from 10.6% in October but energy prices up 25.7%

Labour market posts one last surprise for 2022, adds 104,000 jobs in December

Wages up 5.1%, unemployment rate at 5.0%

gavel

CIBC agrees to settle overtime class-action lawsuit, will pay $153M

A former teller initiated the case in 2007

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator

No compelling economic explanation for cryptoasset pricing, volatility: CFA Institute

Fiduciaries must explain the rationale for an investment, the professional organization said in a new report

  • By: IE Staff
  • January 4, 2023 January 4, 2023
  • 15:12
Cropped image of young woman holding resume over white

Half of Canadian workers to seek new job in 2023 in hunt for better pay, perks: poll

Confidence in job market remains high among workers with in-demand skills

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

Fed minutes: Officials cited strong hiring to justify hikes

Risks remained that inflation could stay higher than expected

Front exterior view of the CIBC Banking Centre in Jasper, Alberta.

CIBC to appeal New York court liability ruling in Cerberus lawsuit

Bank expects to record $850-million after-tax provision in Q1

FTX Arena in Miami, FL, USA. stock photo

FTX founder Sam Bankman-Fried pleads not guilty to fraud

A tentative trial date of Oct. 2 has been set

Two entrepreneurs working on their bills in the retail store

High costs challenge small businesses amid slower inflation

Three in four CFIB poll respondents said fuel, energy costs create hardship

  • By: IE Staff
  • December 29, 2022 December 29, 2022
  • 15:20
parliament hill

Federal government posts $0.2 billion deficit for April to October period

Revenues up 17.6%, expenses down 15.6% from first seven months of 2021

Skyline of the financial district

After a strong year for the economy, 2023 will be shaped by high interest rates

TD expects inflation will fall next year but no consensus on whether BoC will hike rates further

United States Federal Reserve System symbol

An inflation measure watched by the Fed eases to 5.5%

U.S. personal consumption expenditures up 0.1% in November from October

economic growth gdp growth domestic product money stack chart

Canadian economy grew by 0.1% in October, Statistics Canada says

Gains in spectator sports, decline in mining, oil and gas

Court.

FTX founder Bankman-Fried makes first U.S. court appearance

The cryptocurrency entrepreneur was allowed $250-million bond and house arrest

portrait of asian young male cafe owner with tablet

CWB Wealth seeks to win business-owner clients

The bank hopes the recent merger of its private wealth firms will allow them to stand out in a crowded marketplace

cryptocurrencies

FTX founder agrees to extradition to U.S., attorney says

Bahamian authorities arrested Bankman-Fried last Monday at the request of the U.S. government