OSFI holds uninsured mortgage stress test rate steady
The regulator said it's essential that lenders test borrowers to ensure that they can pay their debts
- By: The Canadian Press
- December 17, 2021 December 17, 2021
- 10:40
Latest news in Industry News
Trudeau details ambitious agenda for Freeland in mandate letter
Freeland directed to raise taxes on banks and insurers, introduce 15% minimum tax on high earners
- By: Rudy Mezzetta
- December 16, 2021 December 16, 2021
- 16:05
CISRO appoints new chairman
Eric Jacob brings 20 years of industry leadership to the role
- By: IE Staff
- December 16, 2021 December 16, 2021
- 15:50
Desjardins settles 2019 data breach class action lawsuit for up to nearly $201M
The agreement would allow eligible individuals affected by the breach to receive payment
- By: The Canadian Press
- December 16, 2021 December 16, 2021
- 15:11
Canadians worried about finances and inflation, polls suggest
Hours spent worrying increased 25% over the last year
- By: IE Staff
- December 16, 2021 December 16, 2021
- 14:39
Donation of shares increases in popularity after strong market gains
Securities donations including stocks, bonds and mutual funds rose by 52% in the past year, CanadaHelps says
- By: Ross Marowits, The Canadian Press
- December 16, 2021 December 16, 2021
- 12:06
National Bank latest financial institution to delay return-to-office plans
The change comes as Covid-19 numbers rise from the omicron variant
- By: Ian Bickis, The Canadian Press
- December 15, 2021 December 15, 2021
- 15:40
Macklem vows clarity so Canadians trust BoC as inflation stays at 4.7%
The central bank has grown uncomfortable with hot inflation readings
- By: Jordan Press, The Canadian Press
- December 15, 2021 December 15, 2021
- 15:36
Pascal WealthTech acquires digital marketing platform for advisors
Living Wealth Media Inc. will develop new content programs for the firm's wealth management platform
- By: IE Staff
- December 15, 2021 December 15, 2021
- 14:31
CI acquires US$6.4-billion Seattle-based RIA
Firm also takes a minority stake in alternative asset manager
- By: Rudy Mezzetta
- December 15, 2021 January 11, 2022
- 12:10
Finance releases final details of underused housing tax
Many pending taxation issues were not addressed in Tuesday's fiscal update, however
- By: Melissa Shin
- December 14, 2021 December 15, 2021
- 17:40
Feds still planning green bond for early next year
The government said the $5-billion issuance would be the first of many
- By: IE Staff
- December 14, 2021 December 14, 2021
- 17:06
Fiscal update has deficit lower than expected but Covid-19 spending still dominates
New tax revenues give the government $38.5 billion in extra spending room
- By: The Canadian Press
- December 14, 2021 December 14, 2021
- 16:13
Fed to accelerate withdrawal of economic aid as prices surge
Fed officials are expected to forecast two or three rate hikes next year at tomorrow's meeting
- By: Christopher Rugaber, The Associated Press
- December 14, 2021 December 14, 2021
- 16:01
Canaccord Genuity to buy U.K.-based wealth manager
Punter Southall Wealth Limited has roughly $8.5 billion in client assets
- By: Greg Meckbach
- December 14, 2021 December 14, 2021
- 15:50
Younger investors more likely to drop advisors, embrace DIY investing
The appetite for professional financial advice breaks sharply along generational lines
- By: Leah Golob
- December 14, 2021 December 14, 2021
- 15:46
TD closes three-year $500-million green bond
The transaction marks TD's first green bond issuance under its sustainable bonds framework
- By: IE Staff
- December 14, 2021 December 14, 2021
- 15:14
BoC to place ‘greater focus’ on labour market stats
New mandate could leave rates lower for longer, experts say
- By: Greg Meckbach
- December 13, 2021 December 13, 2021
- 17:01
Laurentian Bank reports $102.9M Q4 loss due to one-time charges
At the same time, the bank raised its dividend 10%
- By: The Canadian Press
- December 10, 2021 December 10, 2021
- 11:03
U.S. consumer inflation up 6.8% in past year, most since 1982
The Labor Department also reported Friday that prices rose 0.8% from October to November
- By: Martin Crutsinger, The Associated Press
- December 10, 2021 December 10, 2021
- 10:50
Biden order would make U.S. government carbon neutral by 2050
President Joe Biden on Wednesday signed an executive order
- By: Matthew Daly, Associated Press
- December 8, 2021 December 8, 2021
- 16:58
Bank of Canada stands pat on key interest rate target
The bank maintained its guidance that rates aren't expected to rise until sometime between April and September
- By: IE staff, with files from Canadian Press
- December 8, 2021 December 8, 2021
- 11:57
Climate risk, diversity top proxy issues for 2022
ISS unveiled its voting advice changes for next year's proxy season
- By: James Langton
- December 7, 2021 December 7, 2021
- 17:32
Canada Life launches sustainable target date funds
The seg funds look to invest in companies with strong ESG practices
- By: IE Staff
- December 7, 2021 December 7, 2021
- 13:45
CIBC to pay $125 million to settle class action lawsuit on subprime mortgage risks
Investors launched the suit in 2008 alleging that the bank misled the market
- By: Ian Bickis
- December 7, 2021 December 7, 2021
- 13:33