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Canadian money

$10.6B in securities flowed out of Canada in June

Statistics Canada reports that foreign investors pulled $5.1 billion from Canadian bonds

  • By: Staff
  • August 16, 2019 August 16, 2019
  • 14:44
Wooden gavel used by a judge or auctioneer

IIROC suspends Dominick Capital Corp.

IIROC staff sought the firm's suspension after it fell into capital deficiency in August

  • By: Staff
  • August 16, 2019 August 16, 2019
  • 14:25
Business People Handshake Greeting Deal Concept

Financial Horizons Group acquires 2 MGAs

FHG purchased all of the shares of TORCE and VANCE on Aug. 1

  • By: Staff
  • August 16, 2019 August 16, 2019
  • 14:48
Leafy Marijuana Plant with Hairy Bud at Indoor Cannabis Farm

OSC approves CannTrust management cease trade order

CannTrust says it’s working with the OSC to prepare a remediation plan

Businessman working on Desk office business

ATB Financial posts $45.8 million net income in Q1

Provision for loan losses improved quarter-over-quarter, but clients continue to be impacted by Alberta economy

  • By: Staff
  • August 16, 2019 August 16, 2019
  • 13:11
Detail of single cannabis nug over infused chocolate chips cookies - medical marijuana edibles

Edibles could draw 3 million new cannabis users: study

Products could become available for sale before the end of the year

  • By: Staff
  • August 16, 2019 August 16, 2019
  • 12:32
Businessmen are skeptical looking at stock market charts.

U.S. yield curve inverts, sending another recession signal

Experts weigh in on rising risks and portfolio positioning

retirement

Quebec seniors retiring later in life, carrying more debt

But they aren’t working as long as other Canadians, a report reveals

  • By: Staff
  • August 15, 2019 August 15, 2019
  • 12:52
Multiethnic couple considering investment real estate purchase consulting realtor, interracial family listening attentively to mortgage broker thinking of getting bank loan for buying new home house

Home sales up in July: CREA

Sales increased in most of the country’s largest markets

stack of documents or files, overload of paperwork on black background

Insolvencies continue to push higher year over year

For consumer insolvencies, the trend is driven by proposals, not bankruptcies

  • By: Staff
  • August 15, 2019 August 15, 2019
  • 13:21
Colorful fresh fruit and vegetables for sale in local supermarket

American shoppers appear unconcerned about economy

U.S. retail sales up solidly in July

Young plant

EDC issues $500 million green bond

The government agency said the bond will attract capital for green investment

  • By: Staff
  • August 15, 2019 August 15, 2019
  • 12:27
Concept of important choices of a businessman, Business Challenge

Binding authority for OBSI on hold — for now

CSA will continue to monitor the industry’s approach to OBSI’s recommendations on investor compensation

  • By: Staff
  • August 15, 2019 August 15, 2019
  • 14:04

Advisor’s Edge launches Prosper, a podcast for financial advisors

The program hosted by Bruce Sellery covers practice management issues

  • By: Staff
  • August 1, 2019 August 1, 2019
  • 16:00
Yatch in ocean

Wealthsimple takes aim at HNW clients with Grayhawk partnership

The firm serving wealthy families will use the Wealthsimple for Advisors platform

RRSP vs. TFSA: a classic apples and oranges comparison

Identifying clients’ goals will clarify the choice

As population ages, more Canadians find themselves in caregiving role

Many are making sacrifices to juggle their responsibilities with their daily routines

  • By: Staff
  • August 12, 2019 August 12, 2019
  • 12:27

U.S. healthcare options for Canadians

Accessing coverage is complex, but there are solutions