What BoC’s rate drop means for loonie
Divergence with Federal Reserve could put pressure on Canadian dollar
- By: Ian Bickis, The Canadian Press
- July 24, 2024 July 24, 2024
- 15:53
Divergence with Federal Reserve could put pressure on Canadian dollar
A company could face 60% tax on unintentional payout of excess amounts from its capital dividend account
Paper seeks improvements to enable economic transition
Organization launches pilot program to allow remote supervision
Macklem says he wants growth to pick back up as bank cuts key rate again
Canada-listed ether ETFs have had three years’ head start
Fraud claims pass suitability issues among investment cases
The group called for action on shadow banking reforms in letter to G20
Economic growth, government budgets to feel ill effects of demographic shift: Desjardins
The U.S. housing market has been mired in a slump dating back to 2022
Bond ETFs drove sales up in June, IFIC says
Ongoing regulatory initiatives include binding authority at OBSI, climate-related disclosures, misleading titles, mutual fund sales practices and more
Canadian energy sector recovering from sell-off
Amid possible mega-merger, industry primed for consolidation
U.S. proposal to cap rates could slash bank revenues, curb economic growth
Regs seek efficiency, innovation to facilitate single EU financial market
Regulator settled with Rio Tinto, former CEO in 2023
Courts awards plaintiffs' costs, criticizes effort to force foreign arbitration
Former registrant filed the application in Superior Court of Quebec
Finance leaders say the actions will hurt consumers
The transaction will see CI GAM’s AUM increase to roughly $170 billion
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, 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