Fed chair warns of sustained recession
Bankruptcies are a serious risk, Federal Reserve chair Jerome Powell says
- By: The Associated Press
- May 13, 2020 May 13, 2020
- 11:26
Bankruptcies are a serious risk, Federal Reserve chair Jerome Powell says
Almost half of the proceedings launched by the MFDA in 2019 involved allegations of pre-signed forms
Frank Lofranco will oversee the agency’s supervision and enforcement activities
OAS recipients will get $300 and GIS recipients will get $200
ETFs, mutual funds to be managed by “Bond King” Jeffrey Gundlach
The results differed from analyst projections
Even before the pandemic erupted, oil prices had been sinking
A judge sentenced the “con artist” to house arrest and two years’ probation
Rollout should be done by end of the year
Cindy David will serve as board chair for the 2020–21 term
Some firms are looking into the federal government's commercial rent program
Individuals were sanctioned a similar amount
Fewer Canadians filed for insolvency in the first quarter of 2020 compared to the fourth quarter last year
Oil prices rise on 'frozen' Middle East conflict
With departure, the country may give up some leverage over prices
Banks stiffen lending standards amid rising risk concerns, declining tolerance
Project designed to avoid creating needless burden with new regime
Police allege gold assay results were altered for years to overstate resources
Perpetrator resorted to payday loans to keep alleged scheme afloat
Lower CPP contributions, an extended first time home buyers’ plan grace period and other tax measures tabled in Ottawa
Ahead of spring economic statement, small business group calls for measures to counter shrinking entrepreneurship
Plus, other software updates and a partnership
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales