Higher interest costs chew up wage gains: NBF
Consumer spending stays weak, despite rising incomes
- By: James Langton
- September 13, 2024 September 13, 2024
- 15:26
Consumer spending stays weak, despite rising incomes
FP Canada clarifies financial planners' obligations when client relationships end
BMO to unwind $1.2-billion provision after ruling in its favour
CIRO decides discretionary, discount accounts for fund dealers won't be pursued as part of rulebook consolidation project
Canada's chief actuary is scheduled to deliver the estimate sometime this fall
The previous retirement ages were set when life expectancy was only around 40 years
Unregistered investment funds are allegedly costing investors millions
CALU and IIAC hope government will reconsider minimum RRIF withdrawal regime in the 2025 budget
Reforms follow a review that found shortcomings in existing arrangements
Plus, a roundup of recent fund launches
Household assets top $20 trillion, as financial assets climb
Shorter settlement cycle has succeeded in reducing risk, freeing up capital
Investors see jobs data as boosting chance of rate cuts
Rising geopolitical risk threatens to undermine rules-based economic system
Economy continues to grow, with Atlanta Fed projecting 2.7% increase in Q4
Adjudicator rejects $213M claim against Bridging flagship fund
Investors lost $9.8M on investment that turned out to be a fraud
Preventing communication with clients could harm regulatory compliance
Use these tips to talk TFSAs, RRSPs and FHSAs in the new year
However, healthy life span from birth has fallen by two years from 2019
Social security funds posted a surplus of $13.5B for the quarter
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
Plus, product news from Harvest, AGF, CIBC, NEI, Manulife and RGP Investments
$125B in inflows far surpassed previous high of $76B in 2024
The funds suffered net outflows of US$2.95 billion in the month: ETFGI