Bank CEOs push back on MP calls to reduce oil and gas funding
Canada's biggest banks face criticism for not moving fast enough on climate targets
- By: Ian Bickis, The Canadian Press
- June 13, 2024 July 10, 2024
- 10:41
Canada's biggest banks face criticism for not moving fast enough on climate targets
The four-week average of claims, which softens some of the week-to-week volatility, rose to 227,000
There was $1.76 in credit market debt for every dollar of household disposable income in Q1
Bonds, foreign equities and infrastructure offset weakness in real estate
Court asked to approve loan sale as part of receiver's ongoing efforts
Officials say there's been “modest further progress” toward the 2% inflation target
About 24% of people surveyed said there are substantial problems or even private market failures
The longer the Fed keeps borrowing costs high, the more it risks weakening the economy too much
Bets are now leaning toward a first cut in September in the U.S.
The move continues consolidation in the Canadian banking industry
The unpaid receivables owed to former investors could lead to penalties for holding non-qualified investments
Permanent insurance also has a host of other tax benefits
With growth coming from other areas, the firm's impending closure of ESG ETFs is part of a larger industry trend
Bank of Canada likely to keep rates unchanged when it meets this month
Nations to co-operate on energy and other areas, while sensitive sectors remain off limits
New rental housing construction boosted last year's numbers
Triple the proceeds of misconduct deemed more adequate deterrent
U.S. authorities allege biostatistician traded on cancer drug data
Concerns about company were raised by short sellers in 2022
CPP Investments, Northleaf have a two-decade long partnership
Investors’ compromised data may include SINs and investment account numbers and statements
Office will help the bank better support Canadian companies with presence, ambitions in the region, exec says
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
These fixed-income investments offer an escape from the duration-heavy domestic market without sacrificing security
Plus, product news from Harvest, AGF, CIBC, NEI, Manulife and RGP Investments
$125B in inflows far surpassed previous high of $76B in 2024