BoC hikes to 0.50%
The widely expected quarter-point increase is the central bank's first interest rate hike since October 2018
- By: Daniel Calabretta
- March 2, 2022 March 2, 2022
- 10:14
The widely expected quarter-point increase is the central bank's first interest rate hike since October 2018
The smaller the firm, the higher the impact of women directors on financial metrics
Regulators' effort to prevent a downward spiral in stocks had mixed effects, ESMA finds
Majority dismisses appeal, rejects proposed class action
The bank's AUM of $345 billion represents an 11% increase from last year
Luke Gould, IGM Financial's CFO, will replace him as the company shuffles management ranks
The firm's wealth management net income is down by 6% compared to Q1 2021
Tipsters were paid $240,000 for information that led the regulator to open an investigation
The economy held up better than many expected through the omicron wave, providing justification for rate hikes
The potential removal of Russian listings from MSCI indexes would challenge the fund industry
SEC also orders "pharma bro" and Wu-Tang fan to pay civil penalties
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
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
High-profile firms and their clients were targeted in 2025
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
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