The province is also increasing the maximum age for applying for a retirement pension to 72 from 70
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
New appointments come a week after four board members opposed to the takeover resigned
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven
The change is one of five updates to the CFA program aimed at making the charter more practical
Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says
OBSI, ADR Chambers report double-digit increase in case openings
Watch federal budget for cost-of-living measures: Desjardins’ Jean
Big banks don’t necessarily have same problem as regional banks: Mackenzie CIO
Outflows from foreign securities hit $16.2 billion in January, StatsCan reported
SVB Financial Group evaluates “strategic alternatives” for SVB Capital and SVB Securities
The California-based bank serves a similar clientele as did failed Silicon Valley Bank
Tougher regulations are a key focus
Strategists take a defensive portfolio stance
The European Central Bank said it's monitoring current market tensions closely
Credit Suisse dropped 24% on SIX, chairman defends “strong balance sheet”
Amid historic inflation and hospital strikes, financial advisor says Hunt “needs to remain boring and predictable”
Sales rose 2.5% month over month, average home costs $662,437: CREA
Most executives' compensation beat their target pay
Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders
SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble
The Finance Department is studying RRIFs in response to a House of Commons motion