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
Canada, U.S. stock markets rebound on Friday
Precious metals action calms, while Dow Jones tops 50K
- By: Daniel Johnson, The Canadian Press
- February 6, 2026 February 6, 2026
- 17:05
FSB flags repo market’s risk to global system
Report calls for action on data gaps, surveillance, leverage
- By: James Langton
- February 6, 2026 February 6, 2026
- 15:49
U.S. effective tariff rate down on trade deals
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
- By: James Langton
- February 6, 2026 February 6, 2026
- 14:27
Lawyer sanctioned in fake GIC scheme
Trust account used in fraud, misappropriation, Law Society finds
- By: James Langton
- February 6, 2026 February 6, 2026
- 14:47
High court declines to hear Ponzi insurance case
Policy failed to cover hedge fund investment that turned out to be a fraud
- By: James Langton
- February 6, 2026 February 6, 2026
- 12:49
Pair ran massive market manipulation scheme: SEC
Firm allegedly touted stocks on social media, while selling its holdings
- February 5, 2026 February 5, 2026
- 15:24
CFA Society Toronto announces undergrad awards
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
- By: IE Staff
- February 6, 2026 February 6, 2026
- 15:43
Strategizing for clients with multiple retirement accounts
Start with flexibility, tax efficiency, simplicity
- By: Jonathan Got
- February 6, 2026 February 6, 2026
- 09:22
AI shaping performance in four insurance subsectors: report
Brokers, MGAs, software providers and TPAs set to evolve
- By: Jonathan Got
- February 6, 2026 February 5, 2026
- 08:00
Industry moves: François Trahan joins BMO as chief investment strategist
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
- By: Alisha Hiyate
- January 12, 2026 January 9, 2026
- 04:00
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
Product roundup: Interactive Brokers launches RRIF
Plus, National Bank changes diversified equity fund
- By: Jonathan Got
- February 6, 2026 February 6, 2026
- 13:35
New year, new records: Canada’s ETF industry starts 2026 off with a bang
Net monthly ETF inflows reach $22B in January: report
- By: Noushin Ziafati
- February 5, 2026 February 5, 2026
- 11:57
Product roundup: Picton Investments to debut private equity fund
Plus, other firms launch new products, tweak their fund lineups
- By: Noushin Ziafati
- February 2, 2026 February 3, 2026
- 16:00