Rich get richer, poor poorer: Report says pandemic intensified economic disparities
Two in five Canadians say their finances deteriorated during the first wave
- By: The Canadian Press
- October 13, 2020 October 13, 2020
- 11:30
Two in five Canadians say their finances deteriorated during the first wave
U.S. bank saw few loan losses during the quarter
If true, the economic contraction would be the worst annual plunge since the Great Depression
The consumer price index rose 0.2% last month
The bank's net income fell to $3.23 billion from $4.91 billion a year ago
The move comes after the country added 378,000 jobs in September
Expect a pullback in housing sales and prices, says a TD Economics report
Proposals would enable the regulation of derivatives trading on exchanges
The high-net-worth audit program saw spending growth of 3,000%
Resourcing, cyber risk and data-quality issues accompany tech adoption, a report finds
Jagmeet Singh is urging the government to at least double the tax rate on companies’ excess profits
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
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
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups