Households must brace for higher rates: CIBC
High debt levels mean rate hikes will take a bite out of budgets
- By: James Langton
- November 4, 2021 November 4, 2021
- 13:39
High debt levels mean rate hikes will take a bite out of budgets
A gap exists between knowledge and confidence, and education efforts aim to help
The Winnipeg-based insurer reached $872 million in net earnings for the quarter
The launch expands the firm's partnership with Paris-based asset manager TOBAM
Year-to-date inflows reached $43 billion in October
The announcement comes just ahead of a report by the central bank on climate risks and the financial system
To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December
New tactics and techniques are used to identify and lure victims
However, 25% said financial security would take a miracle, finds the Natixis Investment Managers' 2021 retirement index
Global securities regulators are likely to move ahead with new standards in 2022
Regulator aims to have rules for investment industry by Q2 2022
With fewer homes on the market, prices soared almost 20% from last year
Borrowing needs are starting to ease
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