Actuaries release tally of pandemic life insurance claims
Organization expects excess deaths and life insurance claims to be lower going forward
- By: Greg Meckbach
- October 14, 2022 October 14, 2022
- 16:33
Latest news in Industry News
U.K.’s Truss drops tax cuts, axes Treasury chief amid turmoil
Yields on 10-year government bonds up, BoE ends emergency intervention
- By: Jill Lawless and Danica Kirka, The Associated Press
- October 14, 2022 October 14, 2022
- 14:52
Retail sales flat in September as U.S. inflation takes a bite
Americans ‘very concerned,’ pulling back on vehicles, electronics, furniture
- By: Anne D’innocenzio, The Associated Press
- October 14, 2022 October 14, 2022
- 13:19
CREA reports home sales in typically busy September continued to slow
Sellers can hold out for better market conditions: BMO
- By: Tara Deschamps, The Canadian Press
- October 14, 2022 October 14, 2022
- 13:05
Is the worst yet to come for the economy?
Advisors discuss the need to prepare for tough times
- By: Michelle Schriver
- October 14, 2022 October 14, 2022
- 09:00
Small businesses bullish on future growth despite recession concerns: KPMG survey
Nearly two-thirds of respondents took recessionary risk mitigation measures
- By: The Canadian Press
- October 13, 2022 October 13, 2022
- 14:59
CMHC deputy chief economist predicts 15% housing price drop by Q2 2023
Housing affordability will not improve due to rising interest rates
- By: Tara Deschamps, The Canadian Press
- October 13, 2022 October 13, 2022
- 14:26
Budget officer projects considerably slower economy, declining federal deficit
BoC to hike rate to 4%, 22-23 federal deficit to drop below $26 billion: PBO
- By: Nojoud Al Mallees, Canadian Press
- October 13, 2022 October 13, 2022
- 11:58
RBC under investigation for alleged misleading claims about climate action
The Competition Bureau launched an inquiry following a complaint against the bank
- By: IE Staff
- October 13, 2022 October 13, 2022
- 11:11
U.S. inflation pressures further intensified in September
Prices up 6.6% excluding food, energy; 8.2% overall
- By: Christopher Rugaber, The Associated Press, with files from Paul Wiseman and IE Staff
- October 13, 2022 October 13, 2022
- 10:39
Canada Post officially launches nationwide loan program with TD Bank Group
The program provides more financial options for Canadians across the country
- By: Ian Bickis, The Canadian Press
- October 12, 2022 October 12, 2022
- 15:34
Federal Reserve voiced determination at last meeting to curb inflation
Meeting minutes reveal concern about U.S. economy's vulnerabilities
- By: Paul Wiseman, The Associated Press
- October 12, 2022 October 12, 2022
- 15:29
How to prepare for the hybrid DIY future
Digitization can provide product advice, but clients still want to talk to humans
- By: Greg Meckbach
- October 11, 2022 October 11, 2022
- 13:03
TD expects steeper home price drop in early 2023 than initial forecast
Average sales growth forecast to fall 16%
- By: The Canadian Press
- October 7, 2022 October 7, 2022
- 12:17
Another month of solid U.S. hiring suggests more big Fed hikes
Hiring slowed but unemployment dropped to 3.5%
- By: Paul Wiseman, The Associated Press
- October 7, 2022 October 7, 2022
- 11:30
Canadian economy sees modest employment gain in September, jobless rate falls to 5.2%
Gains in school jobs offset by losses in manufacturing, recreation
- By: Nojoud Al Mallees, Canadian Press
- October 7, 2022 October 7, 2022
- 10:51
Higher interest rates needed, Macklem says
Early signs of a slowing economy aren't enough, the Bank of Canada governor said in a speech
- By: Nojoud Al Mallees, Canadian Press
- October 6, 2022 October 6, 2022
- 14:56
CME plans new crypto benchmarks
Three new reference rates, indexes will debut on Oct. 31
- By: James Langton
- October 6, 2022 October 6, 2022
- 14:22
IMF warns of higher recession risk and darker global outlook
The bleak projections come as central banks around the world raise interest rates to tame inflation
- By: The Associated Press
- October 6, 2022 October 6, 2022
- 12:45
OPEC+ makes big oil cut to boost prices
The move could deal the struggling global economy another blow
- By: David Mchugh, The Associated Press
- October 5, 2022 October 5, 2022
- 15:15
Toronto area home sales in September down 44% from last year as new listings fall
Detached home prices down 10% year over year, condos up 3%
- By: Tara Deschamps, The Canadian Press
- October 5, 2022 October 5, 2022
- 14:30
Statistics Canada says merchandise trade surplus fell to $1.5B in August
Second consecutive monthly export decline
- By: The Canadian Press
- October 5, 2022 October 5, 2022
- 14:01
CRA charging higher interest on amounts owed
Clients who owe the CRA would be wise to pay even if they dispute the amount, experts say
- By: Rudy Mezzetta
- October 5, 2022 October 5, 2022
- 10:58
RBC buys MDBilling.ca in latest health-care push
Competition in the space picked up in 2018 after Scotiabank acquired MD Financial Management
- By: Ian Bickis, The Canadian Press
- October 4, 2022 October 4, 2022
- 16:45
HSBC considering potential sale of Canadian business
It is the seventh largest bank in Canada and operates more than 130 branches across the country
- By: IE staff, with files from Canadian Press
- October 4, 2022 October 4, 2022
- 12:54