Five things to watch in the Canadian business world this week
Auto negotiations, energy summit, inflation data and a return to parliament
- By: The Canadian Press
- September 18, 2023 September 18, 2023
- 11:50
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
Rising credit provisions, funding costs, pinching bank profits, DBRS says
Offshore investors pile into corporate and government bonds in July
The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms
But a return to housing affordability isn’t imminent, says an economist
The federal government also is calling on grocers to stabilize prices
Government should have opened RESPs, RDSPs for kids in its care, suit claims
Regulators propose best practices for market players
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
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