NY Community Bancorp tries to reassure investors, but stock falls again
Shares fell another 11% Wednesday after the bank's credit rating got downgraded to “junk”
- By: Ken Sweet
- February 7, 2024 February 7, 2024
- 11:25
Top Stories in News
StatsCan reports $312M trade deficit for December
Total exports fell 1.9% in December to $64.1 billion, led by reduced shipments of motor vehicles and parts
- By: The Canadian Press
- February 7, 2024 February 7, 2024
- 11:15
Housing shortages, affordability issues entrenched: reports
Desjardins and CIBC examine both near- and long-term challenges
- By: James Langton
- February 6, 2024 February 6, 2024
- 16:16
Big Six banks missing the mark on hiring people with disabilities
Government data shows financial sector is also falling short on gender and Indigenous pay gaps
- By: Jonathan Got
- February 6, 2024 February 6, 2024
- 16:07
From the Regulators
Former PI exec fined, banned in Ng fraud
Firm's executive aided Ng's scheme to raise funds with falsified collateral
- By: James Langton
- February 6, 2024 February 6, 2024
- 15:59
Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says
The central bank says shelter costs are now the primary driver of above-target inflation
- By: Nojoud Al Mallees, Canadian Press
- February 6, 2024 February 6, 2024
- 15:43
Social media’s market manipulation risk
European regulators flag threats to investors from industry, influencers
- By: James Langton
- February 6, 2024 February 6, 2024
- 15:20
Global financial sector’s credit conditions still rosy
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
- By: James Langton
- February 6, 2024 February 6, 2024
- 15:14
Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists
The average Toronto home price dropped 1% from the same time last year
- By: Sammy Hudes, The Canadian Press
- February 6, 2024 February 6, 2024
- 15:00
Industry News
U.S., Canada may not see rate cuts until Q3: Scotiabank
The bank is calling for stronger growth in Canada and the U.S. this year
- By: Jonathan Got
- February 6, 2024 February 6, 2024
- 14:32
Weak merger activity to finish 2023: Crosbie
High interest rates, heightened macro uncertainty weigh on deal flow
- By: James Langton
- February 5, 2024 February 5, 2024
- 15:27
OECD boosts growth forecast as inflation eases
Asian countries are expected to drive global growth again in 2024 and 2025
- By: IE Staff
- February 5, 2024 February 5, 2024
- 14:01
Employees working from home by choice can claim expenses, CRA says
Agency releases guidance on home office expenses for 2023
- By: Rudy Mezzetta
- February 5, 2024 February 6, 2024
- 12:45
A tariff exemption was Canada’s salvation in 2025. It’s ‘absolutely’ at risk in 2026
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
- By: Craig Lord, The Canadian Press
- December 22, 2025 December 22, 2025
- 08:24
AI names push stock markets higher on Friday
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
- By: Daniel Johnson, The Canadian Press
- December 19, 2025 December 19, 2025
- 17:15
Wage growth slowing, ECB data shows
Central bank sees slowdown in wage gains from collective agreements
- By: James Langton
- December 19, 2025 December 19, 2025
- 16:43
Dramatic increase in Fintrac fines coming, but their effectiveness is less clear
The increase is part of an effort to beef up anti-money laundering measures
- By: Ian Bickis, The Canadian Press
- December 22, 2025 December 22, 2025
- 08:12
SEC sanctions Canadian over pump-and-dumps
Accountant allegedly found assets used to lure investors to schemes
- By: James Langton
- December 19, 2025 December 19, 2025
- 15:39
Executive banned in failed real estate scheme
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
- By: James Langton
- December 19, 2025 December 19, 2025
- 14:56
Tech roundup: Toronto-based wealthtech expands to Montreal, NYC
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
- By: Jonathan Got
- December 22, 2025 December 22, 2025
- 08:00
Industry moves: Michelle Connolly joins Q Wealth
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
- By: Alisha Hiyate
- December 19, 2025 December 19, 2025
- 16:50
ASC extends safe harbour regime to climate-related disclosures
Provincial regulator can halt trading when misinformation circulates
- By: Jonathan Got
- December 19, 2025 December 19, 2025
- 10:47
Industry moves: Richardson Wealth, CIBC Wood Gundy and CI Assante score veteran teams
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
- By: Alisha Hiyate
- October 3, 2025 November 12, 2025
- 17:39
Industry moves: John MacIntyre named chair of TD Bank
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
- By: Alisha Hiyate
- August 4, 2025 August 1, 2025
- 00:33
Industry moves: Huston Loke leaves FSRA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
- By: Alisha Hiyate
- July 18, 2025 July 18, 2025
- 17:06
Investment fund sales, assets climbed in November: SIMA
Mutual fund, ETF AUM rose for the seventh consecutive month
- By: Noushin Ziafati
- December 19, 2025 December 19, 2025
- 11:58
Product roundup: Ardian brings evergreen PE fund to Canada
Plus, other product launches and news, including more ESG fund terminations
- By: Noushin Ziafati
- December 15, 2025 December 16, 2025
- 11:29
The ETF year in review
More than 300 new products landed in 2025 — a new record
- By: Rudy Luukko
- December 12, 2025 December 12, 2025
- 13:24