DOGE’s U.S. corporate casualties
Many companies exposed to drastic government cuts, operational disruptions
- By: James Langton
- March 21, 2025 March 21, 2025
- 16:30
Many plan sponsors structured assets to make pension plans more bond-like
Appointments at CIBC and Manulife, plus a new private wealth division at Viewpoint
ETFs, mutual funds both recorded net sales of more than $9B
“Everyone’s going to have to up their game,” CLHIA president says
Plus, MNP buys Houle and Associates and Manafort sells mortgage lending business
The changes were expected to generate roughly $19.4 billion in tax revenue over five years
Caroline Crenshaw cautioned against suggestion that mining activity doesn't involve securities
Two board members will step down as terms expire
Officials said they'll use the time to assess the impacts of U.S. tariffs and try to work out a deal
Preliminary figures for February point to a 0.4% decline
Physical oil market remains "tighter than the financial market is giving it credit for": analyst
Oil prices may need to be "higher for longer" to rebuild stocks: analyst
Dollar responds to demand shocks, but supply shocks ignored: Scotia
Firms no longer qualify for narrower online advisor exemption
Proposals out for 90-day comment period, final regime slated for Jan. 1, 2028
Regulator to explore market impact of private, restricted rating activity
The BoC governor says technology's evolving abilities underscore importance of cybersecurity
Arrangement could encourage more or riskier trades, critics say
The banks are dropping their interim emission reduction targets due to various factors
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
ETF assets under management now sit at US$20 trillion
Investors are looking to exit from funds in droves during "a period of heightened negative sentiment"
Plus, new emerging market, target-date and tech funds, and a raft of fund changes