Wealthsimple lays off 13% of workforce
The company will now focus more heavily on core businesses, like investing and banking
- By: Tara Deschamps, The Canadian Press
- June 15, 2022 June 15, 2022
- 17:24
The company will now focus more heavily on core businesses, like investing and banking
Increase labour force participation among those 50 and older: Scotia
Management fee income rose 35% in 2021 at the big European alt asset managers: Moody's
Adjusting investment portfolios, reviewing government benefits and paying down debt are all potential strategies for retirees
Rising interest rates, inflation and economic headwinds in China will affect global markets, according to Mackenzie Investments outlook
New position at York U business school aims to bring industry and academia together for climate fight
Equities, bonds, real estate and infrastructure all contributed to a 4.2% gain in pension assets
The Federal Reserve hiked its benchmark short-term rate to a range of 1.5% to 1.75%
Short selling can encourage management to undertake more sustainable strategies, says the Managed Funds Association
Standards setters endorse creation of home-grown sustainability board
Furniture sales drop 1%, while price increases account for 1.2% rise in food store sales
“Market expectations began crumbling,'' said Robert Kavcic of BMO Capital Markets
Rep violated MFDA rules, OSC rules and firm's policies, panel finds
'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