Silicon Valley Bank collapse presents low risk for Canadian sector: analysts
Canadian banks are much less exposed to the technology sector
- By: Ian Bickis, The Canadian Press
- March 13, 2023 March 13, 2023
- 14:54
Latest news in Industry News
Canadian industry singing praises of Inflation Reduction Act as federal budget nears
The legislation offers about $375 billion in tax credits to help the U.S. clean energy industry
- By: Amanda Stephenson, Canadian Press
- March 13, 2023 March 13, 2023
- 14:43
Canaccord directors opposed to takeover bid resign
The firm appointed Terrence Lyons as director and member of the committee evaluating the bid
- By: Mark Burgess
- March 13, 2023 March 13, 2023
- 11:12
OSFI seizes assets of Toronto branch of Silicon Valley Bank
Peter Routledge stressed that SVB in Canada does not take deposits from Canadians
- By: The Canadian Press
- March 13, 2023 March 13, 2023
- 09:23
QAFP exam writers drop to 25 in February
The trend of fewer test takers follows the 2022 introduction of a post-secondary prerequisite
- By: Michelle Schriver
- March 10, 2023 March 10, 2023
- 16:22
Silicon Valley Bank seized by FDIC as depositors pull cash
SVB was the 16th largest bank in the U.S., holding $210 billion in assets
- By: The Associated Press
- March 10, 2023 March 10, 2023
- 14:00
Canada’s 2023 federal budget coming March 28
Finance Minister Chrystia Freeland this week stressed fiscal restraint so as not to work against efforts to tame inflation
- By: Nojoud Al Mallees, Canadian Press
- March 10, 2023 March 10, 2023
- 13:19
Sustained jobs growth could push BoC to raise rates again, economists warn
Canada added 22,000 jobs in February, no change to 5% unemployment rate
- By: Nojoud Al Mallees, Canadian Press
- March 10, 2023 March 10, 2023
- 12:06
BMO Financial Group signs deal to buy Air Miles loyalty rewards program
Proposed acquisition part of Loyalty Ventures bankruptcy court process in Canada
- By: The Canadian Press
- March 10, 2023 March 10, 2023
- 11:34
What’s new from fund manufacturers
CC&L has an international equity fund while eight RBC funds are now available in ETF versions
- By: Greg Meckbach
- March 10, 2023 March 10, 2023
- 11:32
Another U.S. hiring surge: 311,000 jobs despite Fed rate
February unemployment rate rose to 3.6%
- By: Christopher Rugaber, The Associated Press
- March 10, 2023 March 10, 2023
- 11:17
As Fed hikes rates, BoC carves its own path
In a speech, the Bank of Canada's senior deputy governor touted the advantage of independent monetary policy
- By: Nojoud Al Mallees, Canadian Press
- March 9, 2023 March 9, 2023
- 15:29
Hundreds of Ontario insurance agents targeted for CE non-compliance
A FSRA review resulted in 445 letters of warning for failing to complete continuing education hours
- By: IE Staff
- March 9, 2023 March 9, 2023
- 13:35
Credit card debt up 15% in Q4, Equifax says
Inflation has hit younger Canadians hardest
- By: The Canadian Press
- March 9, 2023 March 9, 2023
- 10:44
Credit unions beating big banks when it comes to women in executive roles: report
The report said the pipeline of female talent seems to shrink going up the ranks
- By: Rosa Saba, The Canadian Press
- March 8, 2023 March 8, 2023
- 12:21
Large Canaccord shareholder moves to oust directors opposed to takeover bid
The shareholder is pushing for board changes by May 10 and nominated two directors
- By: Mark Burgess
- March 8, 2023 March 13, 2023
- 11:24
Echelon Wealth to merge with PI Financial
The firms are looking to add scale and grow their wealth management business
- By: IE Staff
- March 7, 2023 September 14, 2023
- 17:41
What female advisors bring to clients
Helping women achieve their goals
- By: Maddie Johnson
- March 7, 2023 March 7, 2023
- 16:30
Manitoba raises basic personal amount, tax brackets in pre-election budget
The basic personal exemption will rise to $15,000 from $10,145
- By: The Canadian Press
- March 7, 2023 March 7, 2023
- 16:29
Women powered pandemic shift toward higher-paying jobs, but pay gap persists: RBC
About 140,000 women left hospitality and high-contact industries to seek roles in professions like finance and insurance
- By: Tara Deschamps, The Canadian Press
- March 7, 2023 March 7, 2023
- 11:59
Powell: Rate hikes could accelerate if economy stays strong
Getting inflation back to 2% “has a long way to go,” Fed chair tells senators while analysts raise spectre of a half-point hike
- By: Christopher Rugaber, The Associated Press
- March 7, 2023 March 7, 2023
- 11:04
Richardson Wealth struggles with back-office tech transition
RF Capital CEO Kish Kapoor attributed the problems to technology issues, data transfer challenges and user training
- By: Rudy Mezzetta
- March 3, 2023 March 7, 2023
- 17:08
Toronto area home prices down 18% from last February, sales halved: board
But “renewed price growth” forecast in 2023
- By: Tara Deschamps, The Canadian Press
- March 3, 2023 March 3, 2023
- 16:43
Trade group can’t be sued for alleged rep misconduct
Court dismisses suit against Million Dollar Round Table
- By: James Langton
- March 3, 2023 March 3, 2023
- 14:57
RBC faces another vacation pay class action
Bank's P&C advisors seek holiday pay on their variable compensation
- By: James Langton
- March 3, 2023 March 3, 2023
- 13:15