Small businesses’ Covid debt climbs to $139B: CFIB
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
- By: Daniel Calabretta
- August 31, 2021 August 31, 2021
- 16:05
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Overall consumer debt now stands at $2.15 trillion
Emergencies would negatively impact most people's finances
Canada's job vacancy rate reached 5% with unfilled positions in hospitality and retail
Driving the drop were declines in home resale activity and exports
The frenzied pace of sales is starting to slow across the country
The firm added a U.S. TIPS bond index ETF and emerging markets ETF to its lineup
One weak area was application processing for prospective mortgage brokers and insurance agents
The S&P 500 has registered more than 50 all-time highs this year
Taking population growth into account, CIBC says Canada's employment gap is around 650,000
People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds
The latest reading could be supportive for the Canadian dollar
The SEC has awarded US$2.6 million to an assortment of whistleblowers
This is the first time in eight months that Chinese factory activity has expanded
Abdolnasser Hemmati, a former economics minister, is the new central bank governor
Unemployment benefit filings can be distorted during holiday-shortened weeks — policy makers remained concerned about the U.S. labour market
They bring liquidity and pricing benefits, but some ETFs have too few
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
Jamie Coulter made news when he resigned as CEO of Raymond James Ltd. — he wasn't the only one to make a change
The two were among 80 new appointees, which also included artists, scientists and Supreme Court justices
Fee fairness and disclosure, potential for conflicts of interest among issues in CSA consultation
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
The funds suffered net outflows of US$2.95 billion in the month: ETFGI
The funds reached a new record of US$799.35B in assets in November: ETFGI
Tech, climate change account for nearly half of thematic ETF assets