Mortgage renewal wave a damper, not a deluge: BMO
Higher mortgage rates will be a drag on consumers, but economy can take it
- By: James Langton
- September 15, 2025 September 15, 2025
- 09:09
Higher mortgage rates will be a drag on consumers, but economy can take it
Firm, founder overstated its reliance on ESG considerations, regulator alleges
Social media scheme allegedly netted US$100 million in illicit profits
Trading models secretly changed to boost performance, compensation
YorkU research examines funds behaviour amid market stress
Plus, new mutual funds from Canada Life, CLO ETF from BMOAM and CIBC announces CDR name change
The country's key rate has risen as high as 21% to lower inflation
The capacity utilization rate in the manufacturing sector declined by 0.7 percentage points
"Finally — they get it": Premier Danielle Smith
Residential permits rose 3.8% as single-family homes led the increase
The merger would produce a $70 billion critical minerals company
Plus, new faces at Sagicor and CIBC Mellon
Regulator to be quicker to use monetary penalties, add AI to risk management duties
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Private equity was identified as top choice of alternatives asset class
Trump address on Iran war rattles market optimism
Fraudster sentenced in absentia after pleading guilty
SRO drops mandatory close-out proposal, adds new conduct-based approach
Company prioritized shareholder returns over infrastructure spend: ASIC
Conquest, Friedmann AI add features like large language model data migration, insurance quotes
Changes come weeks after Manulife Singapore issued world's largest life insurance policy
And, multiple investments and acquisitions by private equity, miners
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
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
S&P 500 adds another 0.7% after Tuesday's big leap
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