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environment
From the Regulators

FCA escalates greenwashing fight

Regulator seeks to extend regime to portfolio managers

checking stock market data on a mobile device
Research and Markets

Fund sales slip in March, but assets rise: IFIC

ETFs outperform mutual funds in both net sales, asset gains

compliance

Budget softens mandatory tax disclosure regime

While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime

Wall street sign in New York with American flags and New York Stock Exchange background.
Research and Markets

Wall Street banks see brighter capital markets

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

inequality between people
Research and Markets

Wealth gap widens to highest since 2015: TD

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

Boardroom talk
Industry News

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

Building graph
Industry News

AIMCo’s balanced fund falls short of benchmark in 2023

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

Court.
From the Regulators

Court certifies crypto class action against Binance

Suit alleges that retail investor trades violated securities law

Mining resources
Research and Markets

Raw materials prices rise in March: StatsCan

Surging crude energy prices drive higher raw material costs

CRA signage
Industry News

Bare trusts still must file an underused housing tax return

April 30 deadline looms for 2022 and 2023 UHT returns 

Tiff Macklem
Research and Markets

Macklem says different countries will cut rates at own pace

Economists expect Canada to begin cutting interest rates before the U.S.

gavel
From the Regulators

Crypto manipulator convicted

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

Busy globe
Research and Markets

Global credit risks abound, even as growth surprises

Short-term strength overshadowed by rising rate uncertainty

BoC officials split on when to start cutting rates, summary shows

Some members thought bank should take its time; others were concerned about keeping interest rates high for too long

Desjardins sells its shares in Fiera

Desjardins says the transaction "does not call into question our business relationship with Fiera"

CRA to charge 9% interest on overdue tax in Q3

Prescribed rate to dip as inflation eases

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

TFSAs, RRSPs and more could see changes in allowed investments

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

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

Advisors face new U.S. fiduciary requirements

Labor Department finalizes fiduciary rule for retirement advice

Tribunal asked to pause OSC’s Bridging case

Lawyers for firm's founder seek adjournment amid unpaid legal bills

Nature, workforce risks next on ISSB’s agenda

Standards setter defines its policy direction beyond climate disclosures

Bank of Canada should go it alone on rates: RBC

A weaker loonie won't necessarily stoke inflation, report says

More than 1 in 4 aging Americans don’t expect to retire: AARP

Nearly three-quarters are concerned about prices rising faster than incomes

Statistics Canada reports dip in retail sales

February result weighed down by slumping fuel sales