OSC seeks cease trade in forex fraud case
Regulators allege the scheme took over US$300 million from investors
- By: James Langton
- September 7, 2023 September 7, 2023
- 15:46
Regulators allege the scheme took over US$300 million from investors
Exec is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges
Softer jobs market, new listings, restrictive mortgage market all work against housing
Regulators' year in review also detailed crypto oversight, CFR sweep
CEO cites stress, health in decision to resign from post
Higher upfront cost reduces long-term risks for economy, banks
Ontario and British Columbia premiers also make direct appeals to the bank to not increase rates
Experts weigh in on the Bank of Canada's intentions
Unemployment rate of 6.7% forecast, with anticipated job losses of about 50,000
Canada's merchandise trade surplus with the United States rose to $7.4 billion
Report finds about 45% of students expect to graduate with up to $20,000 in debt, a jump from 30% in 2013
Numbers reflect higher borrowing costs and uncertainty about the economy
Central bank says it's ready to raise interest rates further if needed
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%
Precious metals action calms, while Dow Jones tops 50K
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
GoSmart targets newer investors, excludes mutual funds, GICs, bonds, options
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
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