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Research and Markets

Financial planning projections generally brighter in 2024

Canadian equities are projected to return 6.4% over the next decade, up slightly from last year

U.S. flag and voting stickers
Research and Markets

U.S. election outcome looms large for Canada

Risk of a trade war, inflation, higher interest rates accompanies U.S. vote

Research and Markets

Equifax testing use of rent data for credit scores

Policy could be a double-edged sword for renters, advocates warn

Green globe in forest
From the Regulators

Nature, workforce risks next on ISSB’s agenda

Standards setter defines its policy direction beyond climate disclosures

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

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

Higher capital gains inclusion rate and mutual funds

Mutual fund corporations can pass gains to unitholders

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

FSB adopts standards for counterparty failures

Global policy group calls for toolbox approach to CCP resolution

Fund costs fell after CRM2

CSA research details the evolution of fund costs in the face of transparency reforms

Advisors face new U.S. fiduciary requirements

Labor Department finalizes fiduciary rule for retirement advice

Employment numbers slide in February: StatsCan

Payrolls dip, but vacancies and wages rise

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