BoC cuts key interest rate to 0.25%
The unscheduled cut is the second this month
- By: IE staff, with files from Canadian Press
- March 27, 2020 March 27, 2020
- 12:13
The unscheduled cut is the second this month
The deficit for the fiscal year ending March 31 will also be higher than forecast
The data will help track the pandemic's effects on employment and earnings
Former brokerage exec’s losses were on account of capital, not income
The SRO warns of increased cyberattacks as firms operate remotely
The index closed up 1.8% on Thursday
IIROC revises the deadline due to technical complexity, risk
The April deadline has been pushed to July
The proposals are out for a 135-day comment period
The investor advocacy group urges the industry to act in clients' best interests during this time of financial hardship
Glenn Reiner, Parham Nasseri and Karen Makedon have all joined the Toronto-based fintech provider
The move to bolster the financial system has been increased to $150B
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record