Cap on credit cards would hurt banks, economy: DBRS
U.S. proposal to cap rates could slash bank revenues, curb economic growth
- By: James Langton
- January 13, 2026 January 13, 2026
- 17:05
U.S. proposal to cap rates could slash bank revenues, curb economic growth
Former registrant filed the application in Superior Court of Quebec
Regs seek efficiency, innovation to facilitate single EU financial market
Finance leaders say the actions will hurt consumers
Prices expected to strengthen in the second half of 2026
The transaction will see CI GAM’s AUM increase to roughly $170 billion
Poll finds Gen Z, Millennials in particular looking to make cuts
Regulator settled with Rio Tinto, former CEO in 2023
Core prices increased 2.6% from a year earlier, above Fed's target
Courts awards plaintiffs' costs, criticizes effort to force foreign arbitration
The benchmark Canadian stock market index rose more than 260 points
BoC governor warns central bank independence is crucial to price stability
Risk of retail investor harm from poor controls, disclosure, review finds
S&P 500 index falls more than 2% as U.S. threatens new tariffs
Decline may continue this year, before reversing in 2027, 2028: Desjardins
In Davos speech, PM warns that compliance with economic coercion won't bring safety
Firm to pay $220,000 to resolve allegations of several rule breaches
Aussie regulator reports A$40 million returned to investors as part of review
Injured man sought removal of court-ordered guardian
Think tank outlines proposals to support retirement income, health care needs
New venue would support trading of tokenized securities
Support reflects commitment to harmonized standards, global influence
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
Total ETF AUM hit US$19.9 trillion by the end of the year: ETFGI report
Plus, other product/index launches, fund name and management changes
These fixed-income investments offer an escape from the duration-heavy domestic market without sacrificing security