With inflation below target, BoC expected to deliver supersized rate cut
Half-a-percentage-point cut could be on tap for Wednesday
- By: Nojoud Al Mallees, Canadian Press
- October 21, 2024 October 21, 2024
- 14:57
Half-a-percentage-point cut could be on tap for Wednesday
Move from hourly to flat rate will improve transparency, efficiency: regulator
Including the next generation in family discussions can help advisors build trust and retain clients
Deal builds on Harbourfront’s recent purchase of Cornerstone Investment Counsel Ltd., which was completed in June 2024
Launches from Evolve ETFs, BlackRock come as central banks ease
Expansion pegged at an annualized rate of 4.6% -- below 5% goal
Federal Reserve research suggests consumer spending is the primary driver of the U.S. economy
Mortgage borrowing powers debt rise, credit card balances up too
Real GDP growth expected to strengthen in year ahead as price pressures ease
Plus, companies embrace tools for client data transfer, onboarding and risk detection
'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
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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