The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the key overnight interest rate at 4.50% when it makes its next announcement on September 5.Eight of the nine members attending the meeting supported the call for an unchanged rate at the upcoming setting, while one […]
IPO raises $42 million
Regulator seeking to remove Edmonton woman from capital markets following fraud conviction
In structured credit, hedge funds generated nearly half the trading volume reported in the U.S. over the past 12 months
Unitholder meetings scheduled for November
Convenient services and innovative practices are key differentiators
Jobless claims hit highest level since April
Higher exports and lower imports helped push the country’s current account surplus up $2.2 billion to $8.4 billion in the second quarter.Statistics Canada said the surplus on trade in goods rose $1.6 billion — the third consecutive quarterly increase — to $16.3 billion, the highest level since the fourth quarter of 2005.After setting a record […]
The executive director of the British Columbia Securities Commission has issued a notice of hearing to extend a temporary order issued against a European-based bank that holds an account at a B.C. investment dealer where suspicious trading activity took place during a spam campaign.The notice of hearing states that Liechtenstein-based Hypo Alpe-Adria Bank AG trades […]
Purchase of $2 billion of ABCP to be reflected in Q4 earnings