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New SRO highlights proprietary product conflicts

A review identified gaps in addressing conflicts associated with proprietary products

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Banks lobby for higher deposit insurance limit ahead of federal budget

A coalition wants a review of the $100,000 limit that hasn't changed since 2005

Inflation causing price rising up, overvalued stock or funds, consumer purchasing power reducing concept, air balloon tied with product price tag flying high rising up in the sky.

Inflation in Canada continues to slow, reaffirming BOC’s rate pause

The 5.2% reading in February marked the largest deceleration since April 2020

“Bank run-type scenario” at lifecos highly unlikely: DBRS

Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says

Wall street sign in New York with American flags and New York Stock Exchange background.

Yellen says bank situation stabilizing, different from 2008

Treasury Secretary said more rescue efforts could be necessary to prevent contagion

Manulife head office building in Toronto, Canada. Manulife is a Canadian multinational insurance company.

How Manulife Securities-Fidelity deal signals a larger trend

Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities

Finance and Treasury Board Minister Ernie Steeves tabled today the 2023-24 budget

NB budget raises health-care spending by 10%

The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth

Entrance of historic bank building of Swiss bank Credit Suisse. Photo taken April 19th, 2021, Zurich, Switzerland.

Credit Suisse–UBS deal offers hope, but bank doubts persist

Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven

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CFA adds private wealth specialization to Level III

The change is one of five updates to the CFA program aimed at making the charter more practical

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Canadian banks’ funding is stable despite losses since SVB failure

Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says

parliament hill

Finance Minister outlines priorities as pre-budget week kicks off

The government will show more fiscal restraint as part of efforts to rein in inflation

United States Federal Reserve System symbol

Fed’s tough challenge: Confront inflation and bank jitters

Most economists think the Fed will raise rates by a quarter-point on Wednesday

Young Businesswoman Addressing Boardroom Meeting

Women make up one-third of S&P/TSX composite board positions for first time

Women held 33.7% of board seats, up from 27.9% in January 2020

Parliament buildings federal budget 2022

Federal Budget 2023: Webinar with Jamie Golombek

Keep on top of all the latest tax changes in Budget 2023 during this webinar with noted tax expert Jamie Golombek

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How financial advisors dealt with the SVB collapse

Amid the turmoil, some advisors seized buying opportunities and proactively comforted clients

ETF usage plateaus among brokerage advisors

Mutual fund usage among dealer advisors remains high, but fell between 2021 and 2022

  • By: Katie Keir
  • October 11, 2022 October 6, 2022
  • 00:15

Advisors need to help clients find purpose in retirement

Promoting personal interests can persuade clients to commit to a retirement plan, says CEO of career transition organization

Advisors must improve how they work with wealthy families

False assumptions and biases limit advisors’ ability to serve the wealthiest clients, suggests a family office consultant