Economy expected to stagnate in second half of 2023: PBO
Federal deficit projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23
- By: Nojoud Al Mallees, Canadian Press
- October 13, 2023 October 13, 2023
- 15:28
Federal deficit projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23
Federal regulator proposes new guidance to meet its expanded mandate
Banks to bear the brunt of fee increase, as case volumes jump
Regulator adopts new rules to boost transparency around short activity, securities lending
Canadian Real Estate Association expects a nearly 10% drop in the number of residential properties to trade hands compared with 2022
Economists say the worst might have passed, with September trade up slightly from August, and manufacturing showing signs of improvement
Governors held key interest rate steady last month, but signalled they haven't closed the door to more rate hikes if needed
JRC report details complaints to OBSI involving mutual fund suitability, low-ball settlements
Voyager Digital's former chief charged for allegedly deceiving investors
Global oil market faces wide range of upside, downside risks
The decrease reflects a sluggish third quarter
'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
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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