Has the Bank of Canada cut too deep?
"Underlying growth momentum has been robust," TD senior economist writes
- By: Kevin Press
- December 11, 2024 December 11, 2024
- 14:11
"Underlying growth momentum has been robust," TD senior economist writes
Basel Committee issues new guidance on counterparty credit risk weaknesses
Agency uncovered transaction reporting failures in compliance review
OECD unemployment rate has stayed low since early 2022
Forthcoming fall economic statement will boost loan limit to $80,000
Governor Tiff Macklem delivered this prepared statement
Consumer prices rose 2.7% in November from a year earlier
The key interest rate is now 3.25%
Programs in U.S. and Canada have proven effective at detecting, deterring financial crime
Mega forces, jumbo jets and overvaluations
Rents dropped for the second month in a row after more than three years of increases
OSC sweep uncovered issues with firms' account opening, client limits
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record