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Banks

National Bank reports Q2 profit up from year ago, raises dividend

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago

Parliament buildings at sunset

Federal deficit nearly $96 billion for 2021-22

The 2021-22 deficit was $95.6 billion, down from $314 billion in 2020-21

Financial data on a monitor—Stock market data on LED

Circuit breakers helped volatile markets chill

Research published by the World Federation of Exchanges finds stressed markets in March 2020 were calmed by trading halts

Financial District of London and the Tower Bridge

FCA aims to boost listings

Regulator launches new consultation on reforms to enhance public markets

Business people, entrepreneur, business, small business concept

Worker shortage hit record level in March: StatsCan

As services sector reopens, employers face tight labour markets

young woman in a virtual meeting

Commission-free trading driving satisfaction for DIY investors: J.D. Power

More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 14:47
Toronto skyline in financial district

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up

Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago

Businessman taking travel plan from a tourist agent at a tourist agency counter.

FCAC finds big banks make ‘inappropriate’ product recommendations

Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices

gavel

OSC panel dismisses fund rep’s insider trading allegation

Tribunal rejects circumstantial case, concluding trades are suspicious but not clearly offside

CIBC building downtown Toronto

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter

Real estate growth cart

Global home price rise slows: BIS

Home prices are up 27% since the financial crisis

  • May 26, 2022 May 26, 2022
  • 15:02
Portrait Of Male Florist Outside Shop

Retail sales essentially unchanged in March: StatCan

New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies

Rain On Umbrella - Weather Concept

OSFI proposes climate risk guidance

The regulator plans to phase in mandatory TCFD disclosure requirements

loudspeaker

New CEO for Manulife Canada

Naveed Irshad will succeed Michael Doughty

  • By: Staff
  • May 25, 2022 May 25, 2022
  • 14:04
young woman in a virtual meeting

Commission-free trading driving satisfaction for DIY investors: J.D. Power

More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies

Success with succession more likely with team approach

A financial advisory team in Oakville, Ont. has found that both clients and the bottom line can benefit when advisors work in tandem

Truth in labelling comes for Ontario advisors

As the province adjusts to titles regulation, we look at Quebec’s experience

Investor’s inheritance, ESG concerns prompt her to switch advisors

Help this client factor in ESG investing and plan for the future