U.S. economy grew 3.2% in Q3
The result was unexpectedly strong amid inflation and rising interest rates
- By: Paul Wiseman, The Associated Press
- December 22, 2022 December 22, 2022
- 13:02
The result was unexpectedly strong amid inflation and rising interest rates
Energy sector was the year's investment winner
The cryptocurrency entrepreneur was allowed $250-million bond and house arrest
The firm will pay nearly $11 million in client compensation after reps boosted their own performance numbers
Criteria need to be strict enough to be credible, without being too tough for fund managers
Many investors under 35 are being drawn to zero-commission online brokerages
Canada's population grew more in nine months than in any previous full year
Data from Morningstar Direct shows that more than 2,000 U.S. mutual funds closed over the past 10 years
Mortgage interest costs up 14.5%
The bank hopes the recent merger of its private wealth firms will allow them to stand out in a crowded marketplace
ETF sales climbed while mutual fund redemptions were steady, IFIC reported
Figures for November indicated weaker spending on goods despite Black Friday sales
Japan had been a holdout among major industrialized nations in allowing yields to rise
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus 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, 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