Canada stays AAA as economy bounces back: DBRS
Government finances seen recovering alongside GDP, policy tightening
- By: James Langton
- March 11, 2022 March 11, 2022
- 14:17
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports
February gains were notable in sectors hardest hit by the pandemic such as food services and accommodation
In other MGA news, Hub Financial acquires assets of The President's Group
New applicants for certification will soon have greater post-secondary requirements
C.D. Howe Institute recommends Ottawa freeze department operating budgets, shift public employees to shared-risk pension plans
Dealers must prepare for ongoing CFR reviews and expiring pandemic exemptions, priorities report says
Desired skills include advisory experience
Fund houses must respond to rise of retail investors, redefined returns
Bond purchases are now set to end in the third quarter
Surging costs for gas, food and housing propelled the increase
Annuity returns can range from disappointing to surprising
Clients may feel they’re leaving money on the table with annuities, but that’s often not the case
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
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
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