RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty
Dave McKay said commercial clients are deferring investments
- By: The Canadian Press
- March 27, 2025 March 27, 2025
- 09:42
Dave McKay said commercial clients are deferring investments
Trump announced 25% tariffs on all auto imports effective April 2
Analysts say Trump's trade policies and rising inflation could threaten future gains
Bipartisan proposal would extend anti-retaliation protections, speed up award decisions
The president has also applied 25% tariffs on steel and aluminum imports, and plans tariffs on computer chips, pharmaceutical drugs, lumber and copper
Competency profile should align more closely with financial planner title, CEO says
In settlement with OSC, executive sanctioned for loss-making insider trading
Deliberations reveal policymakers grappled with uncertainty
Total value of investor settlements dip, as cases involve smaller issuers, SPACs
As profits rise, banks boost capital strength, dividend payout ratios
One board member will step down this year as term expires
Canada made the top 10 with $8.1 million in total fines
'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