Mortgage lending among top risks facing financial system: OSFI
Regulator says homeowners could face payment shocks due to higher interest rates when they next renew their mortgages
- By: The Canadian Press
- May 22, 2024 May 22, 2024
- 15:03
Regulator says homeowners could face payment shocks due to higher interest rates when they next renew their mortgages
Financial planners now have requirements related to trusted contacts, conflicted roles
Firm's controls failed to block massive trading goof
Exchange failed to immediately report VPN vulnerability exploit
Markets drove both mutual fund and ETF assets lower in April
Median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April
Trade deficit in April grew nearly 8% from a year earlier
While there may be an initial spike of failed trades, fail rates improve overall in a shortened settlement cycle
Almost a third of Canadians believe the cause is grocery stores trying to increase profit margins
Net assets for year ending March 31 totalled $632.3 billion
Latest quarter was fairly tame with encouraging data on the inflation front and still historically low levels of mortgage delinquencies
Consumer price index shows inflation’s fall to lowest level in nearly three years but still above Bank of England's target
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups