BoC takes another step in digital currency research, partnering with MIT
Many questions remain about how a CBDC would affect banks and wealth managers
- By: Daniel Calabretta
- March 17, 2022 March 17, 2022
- 12:25
Many questions remain about how a CBDC would affect banks and wealth managers
The move follows a December hike and concern about rising consumer prices
Chair Powell said the economy remains sturdy enough to carry out a series of rate hikes without causing a downturn
Some advisors take on too many clients outside their core market, warns Cerulli Associates
Here’s the status of proposals that matter to your clients
Excluding gas, up 32.3%, February inflation would have been 4.7%
Despite inflation, the prescribed rate on loans to family members remains set at 1%
Private equity holdings rose 29% last year
Tax on pricey planes, boats and automobiles would be effective Sept. 1
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports
February gains were notable in sectors hardest hit by the pandemic such as food services and accommodation
In other MGA news, Hub Financial acquires assets of The President's Group
New applicants for certification will soon have greater post-secondary requirements
C.D. Howe Institute recommends Ottawa freeze department operating budgets, shift public employees to shared-risk pension plans
Fund houses must respond to rise of retail investors, redefined returns
Bond purchases are now set to end in the third quarter
Eight in 10 manufacturers and exporters surveyed say they have had to raise prices
Most TFSA holders don’t maximize contributions, according to the latest data from the Canada Revenue Agency
Most executives' compensation last year exceeded their target pay
Fund seeks to finance early-stage ventures with high growth potential
Recruiting pipeline to Richardson Wealth, other independents, remains "very strong", Kish Kapoor says
Unemployment dropped to 3.8% yet more Americans are looking for work
Territorial finance ministry says expansion of banks to hamlets is a private industry decision.
Broadening of price pressures is "a big concern," the central bank governor said
Strength in Canadian, U.S. retail banking underpinned revenue growth