The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
Government also seeks comment on creation of new financial crimes agency
Key interest rate now sits at 4.75%, highest it's been since 2001
The special committee evaluating the offer was unanimous in its recommendation
New proposed amendment addresses removal of DSCs on existing seg fund contracts
The group said there's "no reasonable chance" conditions will be met by a June 13 deadline
The bank raised its quarterly dividend
The risk of misleading disclosure pervades sustainable product lineups, European regulators say
Without open banking, Canadians' data is at greater risk when they use unregulated apps
Announcement follows S&P's downgrade of firm in early May
Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier
After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Firms should prepare and test responses, executives said at an IFIC event
Fund managers will receive money over the next five years to make social finance investments
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
UHT an “insulting” attack on Americans with second homes in Canada: Niagara politician
Debt charge rose 42% from 2021-22 because of rate hikes, revenues up 8.6%
“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News
Inflation “too sticky,” BoA analyst says as new data show prices increased 4.4% year over year
Housing is one of the provincial government’s three priorities
The breach, which affected clients of InvestorCOM, has compromised information related to Empire Life's seg funds and mutual funds
The stakes are growing in the standoff in Washington over raising the nation's debt limit
Fraudsters are posing as registered individuals
Demonstrate and discuss your regulatory requirements with clients, IFB says