Bank of Canada cuts growth forecast for 2021, reduces bond buying target
The central bank expects inflation to run above 3% for the rest of the year
- By: The Canadian Press
- July 14, 2021 July 14, 2021
- 10:52
The central bank expects inflation to run above 3% for the rest of the year
The regulator alleged that investors were misled by a shell company and its acquisition target
The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday
The firm pushed advisors to recommend higher-cost managed accounts to clients
Strong returns have looked especially good compared to dismal fixed income performance
Further reforms may be needed to address vulnerabilities revealed under extreme market stress
Zero-commission trading isn't free, it comes with hidden costs, ESMA says
Another GWL subsidiary, Irish Life, has struck a deal to acquire Ark Life Assurance Company
The rules are designed to set clear expectations for planners who use technology in their practices
The recent surge in online investing has created “significant demand” for features that inform investors, BMO says
Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes
Both products are available in mutual fund and ETF versions
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