Optimistic markets belie economic data: CIBC report
GDP to fall 6.2% this year, predicts the bank
- By: Michelle Schriver
- June 16, 2020 June 16, 2020
- 13:05
GDP to fall 6.2% this year, predicts the bank
Mackenzie Investments will manage the new funds
Curbing costs while finding growth is a critical challenge for firms
A record $49.2 billion flowed into the economy in April, driven by foreign investors adding Canadian debt
The fund is inspired by insights and research from aging expert Joseph Coughlin
Pent-up demand was unleashed from April to May
Poor Canadians can't weather more than a couple of months of income disruption
RBC and NIA hope to increase awareness of elder abuse and estate planning through a three-year partnership
The new offering has four dividend payment options
Which countries are best positioned to recover from the pandemic?
Trudeau says he’ll explain how CERB may be extended later this week
Exam activity was suspended in March due to Covid-19
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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