Input prices rise in January: StatCan
Higher crude costs drive raw material, industrial product prices
- By: James Langton
- February 20, 2025 February 20, 2025
- 14:15
Plus, Preqin updates private capital indices, new SMA offerings and mutual fund changes abound
Layoffs ordered by the Department of Government Efficiency not yet reflected in the stats
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
Of 1.2 million mortgages up for renewal in 2025, about 85% were secured at historically low pandemic rates
Regulators face challenges with market fragmentation, high-tech trading
Inflationary effects of potential tariffs, mass deportations, have reduced rate expectations this year
Assuming cuts to social supports, PBO estimates net cost of program to government could be $5 billion or less
CIRO plans to facilitate voluntary participation in federal open banking effort
Industry taskforce to oversee transition in line with continental Europe
Credit card balances surge, mortgage debt climbs
Quarterly earnings down 12% compared with year earlier period
March rate cut looks unlikely as inflation rose to January 3% from 2.5% the previous month
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups