A new report from Greenwich Associates also finds that Canadian institutional investors intend to increase their ETF allocations this year
The majority of HNW clients believe the “core value” of advice lies in developing a personalized, goals-driven financial plan, not in investment management
Investors may have suffered as a result of major stock price moves caused by early, selective, or misleading disclosure made on social media
Bill Thomas is currently chairman of KPMG International’s Americas region and held the role of CEO and senior partner with KPMG in Canada
The tool builds on the Hearsay Messages platform, which archives advisors’ digital communications with clients, to satisfy regulators’ requirements
The fund will be financed by Canada’s largest banks and aims to help small and medium-sized enterprises
The target companies also need to address major social and environmental issues
The goal is to widen access for investors by improving liquidity
Proposal would make it easier to demonstrate and maintain qualifications
The loonie fell to US74.11¢, its lowest level in 2017 as a result of the price of oil dropping to US$50.28 a barrel
Negotiations to rework the free-trade agreement will begin later in 2017 and take about a year, leading to a major reworking
The banks also saw strong performance from the capital markets divisions while their capital positions have also improved
Despite the market gains, pension fund net income declined during Q3 as both revenue and expenditures dropped, StatsCan reports
'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