BoC official warns against ‘tinkering’ with mortgage rules
Carolyn Rogers says we must “resist temptation” to make housing more affordable
- By: Nojoud Al Mallees, Canadian Press
- November 6, 2024 November 6, 2024
- 14:05
Carolyn Rogers says we must “resist temptation” to make housing more affordable
Bitcoin climbed above $75,000 and smashing its previous record set in March
Buyers in Toronto and Montreal are moving off the sidelines as lower interest rates make housing more affordable: boards
Leverage strategy deployed on the down low resulted in hefty financial losses
Insurer had $1.3 billion in gross seg fund sales
Prices 30% higher than pre-pandemic levels, despite recent easing
Majority underweighted energy and materials, overweighted consumer stocks over 17-year study
The central bank's next interest rate announcement is scheduled for Dec. 11
All fund categories reported strong inflows, except for cryptoasset ETFs
CEO embezzled bank funds in crypto "pig butchering" scheme
U.K. regulator aims to improve access to research, market transparency
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