Climate-driven downgrades face blue chips too
Energy sector companies most at risk of negative rating action, Fitch says
- By: James Langton
- October 25, 2023 October 25, 2023
- 16:05
Collections plunge as hefty sanctions are handed out
Rising interest rates seen as biggest challenge to economic growth
Canadian dollar dips to 72.55 cents against the U.S. dollar
Unveils plans to reduce stamp duty on stock transactions, saying a vibrant stock market is vital to upholding the city's status as a financial hub
But inflation, interest rates, labour shortages and supply chain bottlenecks still ranked as more pressing
Keeps door open to more rate hikes
The prescribed rate is set to rise in Q1 2024
Customers in affected communities requiring in-person banking services will have to go to other branches
Former executive fined, banned for seven years due to misconduct
Plus, BMO introduces structured-outcome ETFs
The exchange is the latest example of the heightened political scrutiny the BoC has faced post-pandemic
'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