Amid inflation, Canadians cut costs but not big goals: poll
Despite concerns about saving, only 13% of respondents recently consulted an advisor
- By: IE Staff
- September 19, 2023 September 19, 2023
- 13:45
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
Rising credit provisions, funding costs, pinching bank profits, DBRS says
Chip, software companies up as 'bargain hunters' step in
Rents are still 12.9% higher than levels seen before the Covid pandemic
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Unique provision aims to balance interests, provide greater certainty
Agency seeks feedback on new due diligence standards, enforcement
Regulators flag retail investor issues, market structure, resilience for 2026
187 mutual funds, 117 ETFs and 114 seg funds were recognized
GoSmart targets newer investors, excludes mutual funds, GICs, bonds, options
Plus, GreenShield buys Kii Health's Canadian mental health services segment
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
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups