BoC debated waiting until July to hike rates, but says data prompted it to act sooner
Latest hike came after inflation rose slightly to 4.4% in April
- By: Nojoud Al Mallees, Canadian Press
- June 21, 2023 June 21, 2023
- 14:51
Latest hike came after inflation rose slightly to 4.4% in April
Receiver prepares to return portion of lost assets to victims of real estate scheme
Job cuts at Mackenzie Investments, and more
Regulator asserts jurisdiction and calls for whistleblower tips
Provincial groups and the national body are at odds over how best to represent CPAs across the country
Sales at general merchandise retailers rose 3.3% in April, while food and beverage retailers saw a gain of 1.5%
Inflation held steady at 8.7% in the year to May, against expectations for a modest decline
Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says
AI can help pitch products and identify clients likely to defect
Par life accounts eventually benefit from higher interest rates
'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