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Ottawa to force banks to label carbon rebate in direct deposits

Some banks, but not all, have amended their procedures

  • By: Mia Rabson
  • April 19, 2024 April 19, 2024
  • 10:11
Gavel and Money - Canada stock photo
From the Regulators

CIRO seeks stiffer enforcement sanctions

SRO proposes doubling maximum fines, toughening suspensions

Trader at computer screen
From the Regulators

CSA sets path to market data reforms

Regulators to boost fee transparency, explore enhanced retail access

Entrance to Financial Services Regulatory Authority of Ontario
From the Regulators

FSRA disciplinary disclosure faces legal challenge

Ontario court allows bid for judicial review of enforcement practices

gavel
Industry News

CIFP sues FP Canada for agreement breach, trade libel

Claim asks for $1.2 million in damages arising from dispute over regulator-approved credentials for title protection

TD bank. stock photo
Industry News

TD’s Masrani hopes to tell shareholders more on anti-money laundering probe soon

TD working to fix anti-money laundering program, exec says

Successful mature indian businessman sitting on couch typing on laptop with wireless earphones. Mixed race businessman sitting on couch while working from home during video call. Happy multiethnic business man in casual clothing working on computer.
Industry News

Virtual-only meetings erode shareholder democracy, group warns

Warning follows revised guidance from the CSA on virtual shareholder meetings

Heavy weight
Research and Markets

Household debt climbs higher: StatsCan

Mortgage borrowing accelerates, while other sources of debt growth slow

Court.
From the Regulators

Former fund rep fined, banned for fraud

Retirees duped by fake investment for almost a decade, SRO finds

auction
Research and Markets

New one-month T-bill launches in May

New instrument aims to fill a void created as CDOR is retired

Magnifying glass looking at financial data

TFSAs, RRSPs and more could see changes in allowed investments

Qualified investments review could lead to lower costs for investors but also restrictions

businessman running away from taxman
Industry News

Tech industry warns capital gains proposals could cause ‘irreparable harm’

The federal budget is being met with disdain from Canada's innovation industry

Dollar graph
Research and Markets

Yellen says Iran’s actions could cause global economic spillovers

Treasury secretary tells meetings of the International Monetary Fund and World Bank of the importance of using economic tools to counter malignant activity

First Nations on cusp of more self-sustaining project financing

Only a matter of time before equity deals on pipelines are announced, says RBC top exec McKay

AIMCo’s balanced fund falls short of benchmark in 2023

Returns affected by high inflation and interest rates, geopolitics, chief executive says

Bare trusts still must file an underused housing tax return

April 30 deadline looms for 2022 and 2023 UHT returns 

Industry moves this week

Notable news comes from banking, and a new leader joins Sterling Mutuals

  • By: Katie Keir
  • April 15, 2024 April 15, 2024
  • 13:17

Sam Albanese, industry pioneer, dies at 76

Friends, colleagues remember him as an innovator who was dedicated to his field

Industry moves this week

A mix of retirements and firm expansions, alongside RBC's termination notice

  • By: Katie Keir
  • April 10, 2024 April 9, 2024
  • 07:01

OSC still overseeing Emerge Canada as receivable remains unpaid

The regulator's investigation into Emerge Canada is ongoing

Private markets becoming more accessible, but due diligence needed

Compared to public markets, private markets have less transparency and offer less liquidity

Real-asset ETFs can diversify tech-heavy portfolios

Regulated rates of return can provide a margin of safety to investors

Court certifies crypto class action against Binance

Suit alleges that retail investor trades violated securities law

Crypto manipulator convicted

Trader defrauded platform of over US$110 million in novel market manipulation

OSC hikes fees for crypto firms

Regulator adopts new charges to cover added costs on overseeing crypto sector

Wall Street banks see brighter capital markets

A rebound in investment banking represents a ray of hope for sector

Wealth gap widens to highest since 2015: TD

Middle- and low-income households saw stagnated income growth or declines

Raw materials prices rise in March: StatsCan

Surging crude energy prices drive higher raw material costs