U.S. banks face capital impact as rates rise: Fitch
Unrealized securities losses surge as Treasury yields spike
- By: James Langton
- April 11, 2022 April 11, 2022
- 13:09
Leading indicators point to declining momentum for EU, while Canada, U.S. stable
Higher taxes offset benefit of efforts to cool housing market
Firm, directors settled allegations of securities violations
U.S. federal jury finds ex-banker guilty on corruption, money laundering charges
New federal enforcement agency, more funds for FINTRAC
Negative shocks to drive rates higher and weigh on economic growth
Proposed change in Budget 2022 would "increase expenditures by charities overall," government said
The jobless rate in March would have been 7.2% had it included people not actively looking
But with no adjustment to the passive income rules, some companies will remain shut out
Budget promises examination of digitalization, single complaint-handling body
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
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
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
Provincial regulator can halt trading when misinformation circulates
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