Bank of Canada drops plans to issue digital currency
Central bank also wonders how AI could affect inflation
- By: Rudy Mezzetta, Nojoud Al Mallees, Canadian Press
- September 20, 2024 September 20, 2024
- 10:52
Central bank also wonders how AI could affect inflation
Also, a selection of the latest fund news
Groups urge feds to launch a formal review of the Income Tax Act
The period covered was largely marked by people anticipating and then delighting in rate cuts
Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges
Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says
Regulators propose new streamlined fund reports
Outgoing CEO Masrani, who's retiring in 2025, says Chun is "the right leader at the right time"
The central bank cut its key interest rate earlier this month for the third time this year
Sales should improve thanks to lower mortgage rates, increasing inventory: economist
Inflation in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal
In announcing his retirement, Bharat Masrani took responsibility for TD's money laundering failures
Integration costs to be paid by 2027, SRO projects
Rents are still 12.9% higher than levels seen before the Covid pandemic
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Precious metals action calms, while Dow Jones tops 50K
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
GoSmart targets newer investors, excludes mutual funds, GICs, bonds, options
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups