Industry moves this week
A variety of announcements were made
- By: Katie Keir
- December 15, 2022 December 15, 2022
- 09:34
Latest news in Industry News
OSC says no reasonable prospect of conviction in CannTrust case
The quasi-criminal case is the regulator's first court proceeding involving a publicly traded cannabis company
- By: Tara Deschamps, The Canadian Press
- December 14, 2022 December 14, 2022
- 15:35
FINRA sees surge in ransomware attacks
Criminals increasingly target small, mid-sized firms, SRO reports
- By: James Langton
- December 14, 2022 December 14, 2022
- 15:11
Fed raises key rate by half point and signals more to come
Key rate range could top 5% in 2023
- By: Christopher Rugaber, The Associated Press
- December 14, 2022 December 14, 2022
- 14:38
How to turn social media leads into clients
Fewer than one-third of advisors surveyed had a defined marketing strategy
- By: IE Staff
- December 14, 2022 December 14, 2022
- 14:02
U.K. inflation eases, remains close to 40 year high
At 10.7%, British inflation higher than 7.1% in U.S.
- By: Danica Kirka, The Associated Press
- December 14, 2022 December 14, 2022
- 13:19
Indexed tax brackets, credits provide 2023 planning opportunities
Income tax thresholds, credits and benefit amounts are all rising with inflation
- By: Rudy Mezzetta
- December 13, 2022 December 13, 2022
- 16:41
IGM partners with online mortgage lender Nesto
The investment will allow IG advisors to integrate mortgages with financial plans
- By: IE Staff
- December 13, 2022 December 13, 2022
- 12:38
Benchmark transition to start in January
Inter-dealer derivatives to begin using CORRA instead of CDOR
- By: James Langton
- December 9, 2022 December 9, 2022
- 16:44
FP Canada announces latest CFP exam results
More than one-third of exam writers said title protection was a motivating factor
- By: IE Staff
- December 9, 2022 December 9, 2022
- 13:03
Most top Canadian firms don’t verify their sustainability disclosures: PwC
Second-annual study also finds that 30% of companies have net-zero targets
- By: IE Staff
- December 9, 2022 December 9, 2022
- 11:49
Quebec economic update: A lot of uncertainty in 2023, Girard says
Weak growth more likely than recession: Finance Minister
- By: The Canadian Press
- December 9, 2022 December 9, 2022
- 11:43
Banks, insurers get court approval to host virtual or hybrid AGMs in 2023
Covid-19 is so "unpredictable," the group says
- By: The Canadian Press
- December 8, 2022 December 8, 2022
- 16:31
BoC shifting from how much to raise rates to whether to raise them
Interest rate decisions will be data-dependent, deputy governor said
- By: Ian Bickis, The Canadian Press
- December 8, 2022 December 8, 2022
- 14:43
OSFI raises stability buffer amid heightened systemic risks
The adjustment comes as the economic risk profile has changed considerably this year
- By: Ian Bickis, The Canadian Press
- December 8, 2022 December 8, 2022
- 11:52
Vanguard exits climate group
Firm cited confusion in decision to leave Net Zero Asset Managers initiative
- By: James Langton
- December 7, 2022 December 7, 2022
- 16:51
Bank of Canada hikes key rate by half percentage point, signals possible pause
Rate tightening “likely has reached its zenith,” CIBC economist predicts
- By: Nojoud Al Mallees, Canadian Press
- December 7, 2022 December 7, 2022
- 10:35
Raymond James acquires Solus Trust
Vancouver-based trust company manages $400 million in assets
- By: Rudy Mezzetta
- December 6, 2022 December 6, 2022
- 14:15
Banking alliance distances itself from UN campaign over emissions targets
Canada's big banks said they're still focused on net-zero commitments
- By: Michael McKiernan
- December 6, 2022 December 6, 2022
- 09:21
Allow siblings to act as RDSP holders, report recommends
CRA's disability advisory committee releases its 2022 annual report
- By: Rudy Mezzetta
- December 5, 2022 December 5, 2022
- 14:23
BoC expected to end year off with one more rate increase, likely to pause hikes soon
Central bank may be encouraged by recent inflation cooling: TD economist
- By: Nojoud Al Mallees, Canadian Press
- December 2, 2022 December 2, 2022
- 14:06
U.S. hiring stays strong, complicating Fed’s inflation fight
Jobless rate at 53-year-low of 3.7%, markets alarmed
- By: Christopher Rugaber, The Associated Press
- December 2, 2022 December 2, 2022
- 13:50
Unemployment rate drops slightly to 5.1% in November, labour market still hot
Employment up in finance, insurance
- By: Nojoud Al Mallees, Canadian Press
- December 2, 2022 December 2, 2022
- 09:50
FP Canada announces latest QAFP exam results
The exam was written by 69 candidates
- By: IE Staff
- December 1, 2022 December 1, 2022
- 15:20
Banks outline downturn prep while still talking growth
Strategies were discussed during earnings calls
- By: Ian Bickis, The Canadian Press
- December 1, 2022 December 1, 2022
- 14:47