Global fund managers poised to face turmoil
Diversification, strong financials underpin global asset managers: Fitch
- By: James Langton
- July 9, 2025 July 9, 2025
- 14:45
Delinquencies rising among non-mortgage borrowers
Turnover rent gaps and long tenancies contribute to worsening affordability
The president said the tariffs will kick in Aug. 1, via social media
Insolvencies on the rise, led by the consumer sector, OSB reports
U.S. president also signals duties on pharmaceuticals coming within a year
Bankruptcy filings increase amid a weakening economy and job market: S&P
However, monthly insolvency filings rose slightly from April
Canada hopes to sign trade pact this year
Report warns the changes won’t offset impact of U.S. tariffs
Tariffs to take effect Aug. 1 as U.S. president cites trade gaps
Ottawa is working toward a bilateral deal with the U.S. by July 21
Potential pipeline, rail routes would link provinces using Ontario-made steel
Report says wages will rise at faster pace as immigration levels ease
Move comes amid stable global economic outlook and low oil inventories
RBC tops underwriting league tables, as debt deals down, equity activity up
Bill extends 2017 tax cuts, slashes safety net programs and adds US$3.3 trillion to the deficit — and excludes Section 899
DesRosiers says vehicle sales rose 5.3% from last June
Unemployment benefits claims dipped by 4,000
U.S. trade dried up, but gold, minerals drove 1.1% increase in exports: Statistics Canada
Hiring rose modestly, beating economists' expectations
Decline in syndicated lending leads retreat in bankers' fees
Policymakers need to take extreme scenarios into account, Lagarde says
U.S. President Donald Trump keeps saying the U.S. does not need Canadian cars
However, the central bank chair hasn't ruled out a cut this month