Signs of labour market slack emerging: StatsCan
Job vacancies decline, wage growth pressures ease in Q2
- By: James Langton
- September 19, 2023 September 19, 2023
- 13:55
Job vacancies decline, wage growth pressures ease in Q2
Despite concerns about saving, only 13% of respondents recently consulted an advisor
Outstanding mortgage and credit card balances rise
The increase makes the central bank's next rate decision tougher
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year
European regulators say financial institutions should make "extra efforts" to ensure investors are aware of how inflation affects real returns
Annual readings continue to ease despite monthly rises in August
Auto negotiations, energy summit, inflation data and a return to parliament
Economists say recent slack in the economy will convince the BoC to remain on the sidelines
The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter
Persistent core inflation remains the key risk to rates, economy
Led by David Turnbull, new service to provide transaction-based consulting services for mid-sized companies
'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