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Thursday May 28, 2020
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Industry News
OSC provides update on burden reduction efforts
Investor advocates have voiced concerns about the OSC’s focus
May 27, 2020
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
Industry News
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
The more pessimistic scenario could see deferred mortgages turning into foreclosures
May 27, 2020
Research and Markets
EU recovery fund proposed to aid with deep recession
Member nations are struggling to protect healthcare systems, businesses and jobs amid pandemic
May 27, 2020
Products
Mackenzie Investments announces fund changes
Access to one U.S. mid-cap fund has been expanded
May 27, 2020
Industry News
Covid-19 rent aid for businesses, landlords to cost $520 million, PBO says
The estimate is uncertain, due to the lack of precedent for this kind of program
May 27, 2020
Industry News
BMO reports Q2 profit down from year ago as provisions for credit losses rise
The bank’s loan loss provisions totalled $1.11 billion for the quarter
May 27, 2020
Industry News
Royal Bank Q2 profit falls 54% as it increases provisions for bad loans
Loan loss provisions increased by $2.4 billion
May 27, 2020
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