Unemployment rate ticks up to 5.5% in July as job creation lags population growth
Wage growth rebounded in July, rising 5% year over year
- By: Nojoud Al Mallees, Canadian Press
- August 4, 2023 August 4, 2023
- 11:39
Wage growth rebounded in July, rising 5% year over year
The firm's latest earnings showed client assets growing in its wealth management division
Wellington-Altus changes take shape, plus other industry announcements
Advisors should be as thorough as possible when going through insurance applications with a client
Pair of new trading books, order types to launch Oct. 23
Pair pleads to money laundering charges in major crypto theft case
Core inflation recedes alongside falling energy prices
Margins, profits to be squeezed as consumer protections boosted
Regulators found firms are failing to identify and manage conflicts in clients' best interests
There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year
The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250
Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million
'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