Financial services consolidation ahead
PwC Canada forecasting "continued, significant transactions"
- By: Kevin Press
- January 9, 2025 January 9, 2025
- 14:26
PwC Canada forecasting "continued, significant transactions"
India's a bright spot in the global economy with a 6.6% growth forecast for this year
U.S. authorities allege trade secrets stolen to help start rival firm
Fund investors paid front-end loads, moved into fee-based accounts sooner than expected, regulators alleged
Regulator settles for less disgorgement than usual, given inability to pay
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
The group will support the force's Integrated Market Enforcement Team efforts
New York wealth management firm sees Canada as growth market
Canada shouldn't 'rise to the bait,' but be ready to respond if Trump follows through on threats, experts say
Areas to watch include the broader U.S. market, India's robust growth, and AI-driven productivity
Subsidies, more stimulus and corruption crackdown are all on the agenda
Investors in Canada could benefit from a change in government
State TV has reported the resignation of Mohammad Reza Farzin, the head of the central bank
Fund managers have mixed feelings about 2026 — they're optimistic about multiple sectors, but see continued risk on the global trade front
The S&P/TSX composite index rose 58.63 points to 32,058.73
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
Sisu paid $6.5 million to gain a more prominent minority shareholder position
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Optimism for tech and growth comes with market and macroeconomic concerns
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Tech, climate change account for nearly half of thematic ETF assets
They are increasingly being used for fixed income, foreign equities exposure
Mutual fund, ETF AUM rose for the seventh consecutive month