The 40% tax would apply to profits from the difference between loan interest and interest paid to customers on deposits
Sticky inflation could endanger the possibility of a rare ``soft landing''
Regulators fined firms a total US$549 million for record-keeping failures
Mackenzie is the latest entrant to a field that includes factor-based and active strategies
Proposals from the 2023 budget are out for consultation until Sept. 8
Leaders need to build a sense of community on their teams and ensure members feel valued
SRO to expand former MFDA project to all dealers in 2024
Core inflation is now higher than the headline rate
SEC orders massive award for tips that led to multiple enforcement actions
OSC sought fine but court ordered a suspended sentence
Average hourly wages rose faster than expected and will likely worry the Fed
'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