The leaders of Canada, the United States and Mexico discussed several economic issues Wednesday during the North American Leaders’ Summit in Ottawa. Here are five…
Bank revising rate outlook in response to U.K. referendum
The downgrades reflect the negative impact that the results of the “Brexit” referendum could have on the U.K.’s economy, public finances and politics
The largest global banks generally performed better than last year, although they still account for over half of projected losses under the severely adverse scenario
Banks will lose “passport” privileges and will be subject to more regulations
Economists say vote result increases downside risk for an already sputtering global economy
The outcome of the U.K. referendum does not impact the strategic rationale of the merger of the two stock exchanges
Distributed ledger technology has the potential to transform global capital markets
The province remains on track to achieve its target assuming continued economic growth, the credit rating agency says
A drop in auto sales was a slight disappointment
Banks are holding more capital and paying out less in dividends, relative to pre-crisis levels
If the U.K. exits the European Union, volatility will rule global markets
Canadian holdings of foreign securities have almost tripled since the end of 2008
In a worst-case scenario, the credit rating agency estimates that the banking system could face losses of almost $18 billion
Finance ministers meet in Vancouver
New York negative on Brexit fears
High-earning parents are more likely to produce higher-earning kids than previously thought
The updated principles aim to standardize transparency and disclosure for green bond issuers
However, barriers to entry remain, and increase in data about policyholders will raise privacy concerns
Benjamin Tal, deputy chief economist at CIBC World Markets Inc., explains why the $750-billion inheritance wave expected over the next decade will be saved —not…
Test demonstrates that transactional processing and settlement between insurers and investors could be significantly accelerated and simplified by blockchain-based contracts
May’s Alberta forest fires are expected to be a significant drag on the economy in the second quarter
DBRS considers the exposures of Canadian life insurers to the oil and gas sector to be manageable from a credit perspective
CC&L Global Market Neutral Fund opening to individual investors