EU climate stress test highlights funds’ exposure
Transition risks alone not severe, but macro shocks could amplify threat to financial system
- By: James Langton
- November 19, 2024 November 19, 2024
- 14:35
Transition risks alone not severe, but macro shocks could amplify threat to financial system
Central bankers launch project to automate extensive price data
Mortgages, credit card balances grow faster in September: StatCan
Fund's manager allegedly lied about its strategy, assets, performance
The rate is now back to the Bank of Canada's target
Rising confidence in ESG reporting, climate change concerns fuelled the growth
Target of insider trading case was prevented from airing abuse of process claims, court says
The loonie is lower than it's been since the early days of the pandemic
Policy work has made progress, but slow adoption leaves system vulnerable
European regulator says transition will enhance market efficiency, resilience
The acquisition also marks the launch of Canaccord’s Ottawa office
Net assets rose to $675.1 billion in the quarter
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales