Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
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Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
Bank of Canada holds key rate steady but warns future movements unclear
"Monetary policy may need to be nimble" as BoC grapples with oil shock, trade war: Macklem
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
Text of the Bank of Canada’s latest interest rate decision
Forecast for economic growth in Canada little changed since January, despite volatility
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
Newfoundland and Labrador budget projects $688-million deficit
The budget forecasts a net debt of $20.8 billion by the end of the 2026-27 fiscal year
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
Kevin Warsh heads to full Senate vote after Trump’s nominee for Fed Chair is approved in committee
All Republican senators voted in favour and Democrats opposed
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
Fearless advisors will thrive in an AI world
Those who stick with traditional sales techniques will not — your clients already know more than you think
- By: Jeff Cait
It’s time for Ontario to join CSA’s passport system
The province’s 2007 decision rested on reasons that no longer apply
- By: Harvey Naglie
Canada is getting a sovereign wealth fund. Here’s how it might work
Fund has a mandate to invest in domestic projects
UAE’s decision to leave OPEC shakes up alliance
With departure, the country may give up some leverage over prices
RCMP alleges fraud by junior miner’s ex-CEO
Police allege gold assay results were altered for years to overstate resources
- By: James Langton
Inside Track
Harvey Naglie
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Tashia Batstone
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Advisor chargebacks are bad for the industry