Frustrated fintech leaders call for progress on open banking
Improving competition in Canada's concentrated banking sector is one of the aims
- By: Ian Bickis, The Canadian Press, IE Staff
- November 16, 2023 November 16, 2023
- 14:24
Improving competition in Canada's concentrated banking sector is one of the aims
Single-detached urban starts contributed to the increase
Umbrella group aims to establish minimum global standards for sector
Lack of consensus on possible reforms sends regulators back to study the issues
Ontario's Capital Markets Tribunal found the firm defrauded investors by diverting funds
Deal will allow Manulife to expand its credit offering with new strategies
Cannabis companies involved in failed joint venture settle suits
Seniors living longer may reduce the need for downsizing
The national average home price rose 1.8% year-over-year to $656,625
The figures reflect a slowdown in consumers' willingness to spend after a blowout summer
Whistleblower tips and rewards continue to climb
Auto sector leads gain in wholesale activity as inventories shrink
Other developments this week include cuts at Manulife and several advisor team moves
'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