Ottawa to introduce open banking legislation in 2024
Open banking could be a win for wealth managers
- By: Jonathan Got
- November 24, 2023 November 24, 2023
- 13:02
Open banking could be a win for wealth managers
Early estimates also suggest retail sales increased 0.8% in October
Recent labour activity to work against falling inflation, TD report says
Numerous changes, including tax rules, add pressure to Canadian enterprises
Merchandise trade down, services activity flat from previous quarter
Securities sector leads gains for financials
The strategy is a key part of the sector's decarbonization goals
Understanding a client’s motivations goes a long way to helping them achieve long-term goals
Inflation has increased available contribution room for the TFSA
With central banks expected to start cutting rates, outlook should turn rosy next year
Bank of Canada governor weighs in on the federal government's updated fiscal projections and new rules to limit deficits
Data shine light on affordability, with most Canadians fearing recession
Fourth straight weekly drop for the rate, which a year ago averaged 6.58%
'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