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Research and Markets

Fed holds; projects no rate hikes in 2019

Officials expect economic growth of just 2.1% this year, down from the previous projection of 2.3%.

42250157 - business investment opportunities on a global scale
Research and Markets

Global growth looks weaker, Fitch says

The rating agency has cut its global growth forecasts to 2.8% from 3.1%

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Research and Markets

Saskatchewan ruling a relief for insurers, DBRS says

Court ruling found that universal life policies can't be used for unlimited deposits

From the Regulators

Global banks making headway on Basel III

New report finds large global banks are continuing to build up their capital and liquidity positions

Businessman hand showing financial report on table
Industry News

Power Financial raises quarterly dividend after reporting $478M in Q4

The quarterly payment to shareholders will go up by 5.2% to 45.55 cents per common share

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Research and Markets

Canadian workforce facing demographic shift, StatsCan predicts

A new study forecasts that the workforce will be getting older, more reliant on immigrants

Parliament Hill, Ottawa, Canada

Government targets certain investment funds that use forward contracts

The change takes aim at funds that seek to reduce taxes through dividend contracts

Research and Markets

Canada’s main stock index falls on concerns about U.S. trade deal with China

The S&P/TSX composite index closed down 63.27 points on Tuesday

Ottawa Canal at night

Updated: Highlights from the 2019 federal budget tabled Tuesday

Liberals to offer tax credits for skills training, introduce two annuities

The Center Block and the Peace Tower in Parliament Hill

Federal government’s deficit to grow to $19.8B in 2019-20 fiscal year

Federal debt as a percentage of GDP is expected to be 30.7%

Front view of the Parliament building in Ottawa, late winter, early spring

Feds crack down on commuted value IPPs

Budget measure aims to quash planning that seeks to use IPPs to circumvent prescribed transfer limits

the canadian parliament and library during the fall

Federal budget introduces annuities deferred to age 85

The plan will allow retirees to keep more savings tax-free until later in retirement

5994395 - front view of the canadian parliament building , with nobody showing

Feds offer help to first-time homebuyers

Find out if your clients qualify for the new incentive

TFSA holders ultimately liable for any tax on day trading in an account

Issuers are only "joint and severally liable" to a point

C.D. Howe report urges regulators to address digital future head-on

Policymakers should act swiftly before a "wholesale disruption" of the industry, the report warns

  • By: IE Staff
  • March 21, 2019 March 21, 2019
  • 12:54

Canaccord Genuity to buy Thomas Miller

The U.K. wealth management firm has operations in London and the Isle of Man

  • By: IE Staff
  • March 21, 2019 March 21, 2019
  • 11:40

Newsmaker: Great-West Life’s digital transformation

Technology is important, but understanding client needs begins with advisors, says Jeff Macoun

In Canada, 23 ETFs launched in February

ETFs had net inflows of $1.3B in the same month

  • By: IE Staff
  • March 7, 2019 March 7, 2019
  • 11:30

IMCO appoints senior managing director

Christian Hensley is a former executive with CPPIB

  • By: IE Staff
  • March 6, 2019 March 6, 2019
  • 10:34

RBC iShares launches six ESG-focused ETFs

The suite includes four equity ETFs and two bond ETFs

  • By: IE Staff
  • March 21, 2019 March 21, 2019
  • 12:07

Ninepoint tweaks strategy for short-term bond fund

The fund invests in high-interest savings accounts at Schedule 1 Canadian banks

  • By: IE Staff
  • March 19, 2019 March 19, 2019
  • 09:20

Franklin Templeton to make changes to fixed income fund

The fund's exposure to high-yield investments will be reduced to achieve lower volatility

  • By: IE Staff
  • March 18, 2019 March 18, 2019
  • 12:09

OSC hearing on Bitcoin fund set for April

3iQ Corp seeks to overturn a decision denying approval of the fund

MFDA seeks changes to its investigative powers

The proposals would harmonize rules with IIROC

CPAB names new chair, vice chair

Benita Warmbold is the first woman to head the audit regulator's board

Toronto stock market resumes upward move while U.S. markets surge

The S&P/TSX composite index closed up 77.03 points on Thursday

Conference Board of Canada lowers growth forecast for 2019

But the research firm’s director of economics notes “reasons to be cautiously optimistic”

  • By: IE Staff
  • March 21, 2019 March 21, 2019
  • 14:05

Global IPOs fizzled in Q1, but brighter days ahead

Geopolitical tensions, trade issues and Brexit all played a role in the quiet IPO market