Industry moves last week
National Bank announces senior leadership changes and retirements
- By: Jonathan Got
- January 3, 2025 January 3, 2025
- 11:40
National Bank announces senior leadership changes and retirements
As with the proposed capital gains changes, certain provisions aren't yet law
Investors lost US$40 billion in the crash of Terraform Labs’ cryptocurrency
The S&P Global Canada Manufacturing PMI climbed to 52.2 in December
Earnings for S&P 500 companies forecast to grow 9.4% in 2024, up from only 1.4% the year before
Only 21% of those living with a disability are aware of RDSPs
The top-paid CEOs earned 210 times more than the average worker
Canadians filing tax returns this year can expect changes to tax brackets, CPP contributions and benefits, capital gains and more
The unemployment rate is 4.2%, up from a half century low 3.4% reached in 2023
President Joe Biden declared Jan. 9 as a National Day of Mourning
FHFA spokesman points to "a historically low inventory of homes for sale”
The slowdown in factory activity was due to a 'decline in the output component': economist
Our eight favourite stories — wacky ticker names, AI hoopla, the Emerge ETF debacle and more
The S&P/TSX composite index fell 103.17 points to 31,896.59
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
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