Canadian parents gave kids $10 billion for homes over past year, report says
Larger gifts are contributing to higher prices and wealth inequality, CIBC says
- By: Mark Burgess
- October 25, 2021 October 25, 2021
- 15:32
Larger gifts are contributing to higher prices and wealth inequality, CIBC says
Sascha Isaacs joins the firm from CI Financial
New funds focus on green bonds and monthly income
The country's parliament passed a new law that adopts TCFD-based requirements, Moody's says
FCA will consider expanding access to retail investors next year
Sales eased across major mutual fund categories, and equity ETF sales plunged
Kevin Headland and Macan Nia assume the roles immediately, following Philip Petursson's departure
The regulator's accreditation relationship with CECAP will end on Dec. 31
The new suite aims to support the world’s transition to net-zero emissions
Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year
Choppy data may prompt caution from the Bank of Canada
Weaker GDP data and higher inflation have muddled the picture
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
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
The pension fund is investing up to US$1.05 billion
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
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