Weaker job markets spark rate cut hopes
Rising unemployment for Canada, U.S. gives central banks reason to ease
- By: James Langton
- July 8, 2024 July 8, 2024
- 14:38
Rising unemployment for Canada, U.S. gives central banks reason to ease
In June, monthly filings returned to pandemic heights
Treasury chief says the gov't will work to reverse '14 years of chaos and economic instability'
Failing to reveal impaired driving incident leads to denial
Trusts must disclose pre- and post-June 25 gains or face negative tax consequences
Former rep's objection to regulator's investigative powers stayed
Decision follows similar delays by regulators in Europe, U.S.
New U.K. regime will be caught between policy promises and financial markets
SRO drops firm sponsorship requirement, among other changes
Stephen Power will take over after Mark White steps down later this month
The result was the highest reading for the unemployment rate since January 2022
Employers added 206,000 jobs in a sign of continued economic strength
'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