Developer faces almost $9 million in fines and disgorgement for securities fraud
Ontario's Capital Markets Tribunal found the firm defrauded investors by diverting funds
- By: James Langton
- November 16, 2023 November 16, 2023
- 09:23
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
Inflation forcing some clients to withdraw assets to meet needs
Tribunal rules that misconduct involved securities
Panel found respondent couldn't mount proper defence without access to confidential evidence
CEO John Graham said the CPP offers the benefit of risk pooling and diversification
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report