Financial system still fragile, ECB warns
Effects of high rates to weigh further on economy, financial sector
- By: James Langton
- November 22, 2023 November 22, 2023
- 13:15
Effects of high rates to weigh further on economy, financial sector
Draft guidance forms part of larger effort to improve industry conduct
Bank of Canada governor makes remarks day after new inflation numbers show Canada's inflation rate fell to 3.1% in October
Jobless claims -- seen as a proxy for layoffs -- dropped by 24,000 to 209,000
Households are facing the dual drags of inflation and higher interest rates, report says
Plus, new ETFs from Mackenzie
Changes would mean more owners of residential property are excluded from the UHT filing requirement, and reduced penalties for failing to file
Regulator says fraudsters deploying increasingly sophisticated technology
The government plans to lift federal taxes on psychotherapy and counselling
A slowing economy and high inflation mean the government has little room to operate
The first $10 million in capital gains realized on the sale of a business would be exempted under proposed change
The company agreed to pay more than $4 billion following an investigation
'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