Financial, economic conditions top industry worries
CSA publishes systemic risk survey summary
- By: James Langton
- December 7, 2023 December 7, 2023
- 13:48
CSA publishes systemic risk survey summary
Bank cuts 2% of staff, will revamp its strategic plan
A majority of respondents didn't know the features and benefits of the account
The fine is the second announced this week, after RBC was also penalized
Deferred annuities were first introduced in 2019 federal budget
Home sales in the region totalled 2,664, down from 2,700 in November 2022
Firms to pay US$2.6 million, including US$1 million in client restitution
The 0.8% drop is the sixth straight quarterly labour productivity decline, StatsCan reports
Imports fell 2.8% for the month to $63 billion
Bankers warn that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation
In final decision of 2023, central bank says weaker growth and cooling job market suggests demand is no longer outpacing supply
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record