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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

Building graph
From the Regulators

Improving how shadow banks cope with stress

FSB proposes series of recommendations for addressing liquidity issues

U.K. compass points to inflation
Research and Markets

U.K. inflation falls to lowest level since late 2021

Easing prices, including for food, pave the way for a welcome cut in interest rates soon

  • By: Pan Pylas
  • April 17, 2024 April 17, 2024
  • 14:42
money flow
Research and Markets

Investors flock to foreign bonds: StatsCan

Foreign investors dump Canadian government debt

workforce team work business people in motion success corporate ladder employees appointment notice
Research and Markets

Employment, labour participation at record highs

Labour market metrics remained elevated in fourth quarter, OECD says

Advisor tracking stocks
Industry News

Tech roundup: U.S. software firm releases retirement planning tools

Also, Webull launches desktop platform

From the Regulators

CSA extends crypto firms’ stablecoin deadline

Crypto platforms get until Oct. 31 to meet CSA's interim rules

Black mom and daughter reading a book sitting on sofa smiling

Budget extends Canada Child Benefit, sets up autoenrollment for RESPs

Government also allocates $60 million toward free financial advice

  • By: IE Staff
  • April 16, 2024 April 16, 2024
  • 18:57
Crypto coins

Canada to require cryptoasset reporting by 2027

Central bank digital currencies will be classified separately, but also have new reporting standards

Quebec raises amount of capital gains subject to tax

Move mirrors announcement from the federal budget tabled Tuesday

Underused housing tax to generate $694 million: PBO report

PBO said the costs to administer the UHT could "significantly reduce" revenue generated

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

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

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

CIRO seeks stiffer enforcement sanctions

SRO proposes doubling maximum fines, toughening suspensions

Global credit risks abound, even as growth surprises

Short-term strength overshadowed by rising rate uncertainty

Household debt climbs higher: StatsCan

Mortgage borrowing accelerates, while other sources of debt growth slow

Fed’s Powell: Elevated inflation will likely delay rate cuts this year

U.S. consumer inflation was most recently reported at 3.5%