Equifax report says 1.4M consumers missed a credit payment in Q1
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies
- By: Ritika Dubey, The Canadian Press
- May 27, 2025 May 27, 2025
- 11:33
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies
Tariff-related anxiety eased, with fewer Americans expecting a recession in the next year
Foreign investors have ramped up their holdings of federal debt, NBF reports
Officials say bloc remains committed to securing a deal by July 9
Policy recommendations and guidance aim to improve liquidity risk management
New appointments announced at Wellington-Altus, Fidelity Wealth, PenderFund and Capital Group Canada
Plus, other fund launches, a new stablecoin and proposed mergers announced
Negative economic shock from U.S. increases urgency of long-standing challenges
"More needs to be done to raise productivity and tackle climate-related risks,” says OECD chief economist Álvaro Pereira
Von der Leyen says Europe is ready to advance talks “swiftly and decisively”
Business leaders urge action ahead of throne speech
'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
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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