Canadian interest rates don’t have to match U.S. or global rates: Macklem
Forecasters widely expect the Bank of Canada to lower its policy rate in June or July
- By: Nojoud Al Mallees, Canadian Press
- May 2, 2024 May 2, 2024
- 12:40
Forecasters widely expect the Bank of Canada to lower its policy rate in June or July
U.S. employers added 303,000 jobs last month, an example of the U.S. economy’s resilience
Inventory in April reached levels not seen since pandemic
High costs were cited as a top concern among young investors
Board says inflation has remained stubbornly high in recent months
Calgary Real Estate Board says 2,881 units sold last month, with a benchmark price across all home types of $603,700
Tribunal refused to pause its proceedings while lawyers try to get paid
Undergrad's intimidation changed to interest with Women in Asset Management program
Changpeng Zhao jailed for allowing rampant money laundering on the platform
Bank's chief executive acknowledged that the investigation has weighed on TD's share price
Having a financial plan and consulting an advisor, however, can help
The changes are expected to come in a separate piece of legislation
Incorporated professionals must consider deferral, dividends and deductions
Bank says it's working to strengthen its anti-money laundering program
Also, BDO releases AI for wealth management
A mix of retirements and board appointments
Notable news comes from banking, and a new leader joins Sterling Mutuals
Friends, colleagues remember him as an innovator who was dedicated to his field
Total inflows for Canadian ETFs has hit $19 billion for the year to date
Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds
Fund manager has no assets or insurance, lawyer says
The regulator also wants to toughen enforcement and see better advice given at banks
Proposed appointment still needs to be confirmed by legislative committee
Firm allegedly recycled audit papers, routinely failed to meet standards
It's the largest year-over-year increase in business insolvencies in 37 years, association says
Bond funds drove the positive net flow activity as assets hit record high
The resilient strength of the job market and overall economy has kept inflation above the Fed’s 2% target