As recovery emerges, OSFI holds bank buffers steady
Emergency cut to Big Six capital cushion in March is working as planned
- By: James Langton
- June 23, 2020 June 23, 2020
- 11:43
Emergency cut to Big Six capital cushion in March is working as planned
Changes include reduced management fees and revised asset allocation
Referrals between CSA members increased in the last fiscal year
Record trading volumes are expected as "reconstitution" concludes
New CEO appointed for five-year term
Lower growth, higher debt, greater ESG demand seen in post-pandemic world
New opportunities for tax planning come into effect on July 1
SEC rules take effect June 30
Mark Wiseman, former head of the CPPIB, takes over on July 1
Report calls on government to support innovation, curb uncertainty, for companies
The economic should start to rebound in Q3, but the bounce back won’t last, Macklem says
EY to take custody of troubled securities, allowing clients to move to new dealers
Central bank is closely monitoring inflation expectations, Fed chair says
Oil shock knock-on effects more likely as conflict drags on
Dow and Nasdaq finished in correction territory last week
Regulator releases first enforcement annual report
SEC alleged firm failed to disclose conflicts in mutual fund revenue sharing
Regulator consults on approach to building machine-readable rules
Clamp-down on scams may impose new obligations on financial institutions, among others
Separate legislation give Canadians, lawmakers opportunity to scrutinize separate issues
Provincial budget’s cut to small business tax rate comes with adjustment for tax-integration purposes
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts
It's the second firm in Canada to receive approval to offer futures and forecast contracts