Persistently high inflation makes businesses less competitive: BoC’s Beaudry
Economic “distortions” result when inflation remains above 2% target
- By: The Canadian Press
- February 17, 2023 February 17, 2023
- 10:03
Economic “distortions” result when inflation remains above 2% target
Companies breached duty of care to investors but not fiduciary duties, decision says
Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Lenders scammed out of millions with fake assets, financial statements
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Canadian UHT “unnecessary burden,” offside USMCA: Congress member
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year
BoC ready to raise rates further if inflation sticks around
Wage demands could moderate with economy in “middling phase”
New governance structure to be adopted in second quarter
Rule changes would extend advisers' obligations to all client assets
The man, along with others, made millions front running recommendations from The Motley Fool
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
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
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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