As rates rise, households sit on record debt piles
Both household assets and debts are well above pre-pandemic levels, RBC reports
- By: James Langton
- March 15, 2022 March 15, 2022
- 13:55
Both household assets and debts are well above pre-pandemic levels, RBC reports
Full-year GDP rebounded sharply from initial pandemic hit
Markham, Ont. firm hit with $297,000 penalty for compliance violations
Despite inflation, the prescribed rate on loans to family members remains set at 1%
Demand for offsets set to soar, driving prices sharply higher
Global regulators adopt plan for developing sustainable finance
The opposition to her nomination has come mainly from the energy industry
Higher energy and transportation costs, materials shortages threaten recovery, Moody's says
Selling Russian assets can be difficult amid sweeping restrictions
Private equity holdings rose 29% last year
Many economists worry that with the price of gas spiking, the additional burden of higher interest rates could choke off growth
Sanctions on Russia don't distinguish between crypto, traditional assets
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
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
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report