Top stories
canadian money house on white background

Debt levels hit record highs at end of last year: CMHC

Delinquency rates remain low and stable

Leafy Marijuana Plant with Hairy Bud at Indoor Cannabis Farm

Horizons launches two more marijuana ETFs

One product doubles exposure to the marijuana index, while the other inverts it

  • By: Staff
  • May 22, 2019 May 22, 2019
  • 11:23
Buildings in financial district in downtown Toronto, Canada

Sluggish loan growth eats into CIBC’s Q2 profits in the wake of five rate hikes

Retail banking losses were offset by wealth management gains

Connections system and global datas exchanges on server background 3D rendering

Wealthsimple taps Allianz in $100-million investment round

The robo-advisor will use the funding to develop new products and evolve its B2B platform

  • By: Staff
  • May 22, 2019 May 22, 2019
  • 13:59
Federal Reserve Building

Some on Fed board still considering future rate hikes

Minutes from the last meeting indicated little sentiment for rate cuts

Home For Sale Real Estate Sign in Front of Beautiful New House.

IMF advises against measures to boost Canadian housing market

Projections for Canada's growth were lowered in two reports

Justitia, the goddess of justice

Former director settles with OSC over trading misconduct allegations

The settlement involves a $300,000 payout and multi-year bans

  • By: Staff
  • May 21, 2019 May 21, 2019
  • 17:23
Robot holding a businesswoman

HSBC opens global data lab in Toronto

The AI lab will analyze client data to help develop products and services

  • By: Staff
  • May 22, 2019 May 22, 2019
  • 13:44
Candle stick graph and bar chart of stock market investment

Purpose launches new options ETF

The fund is designed to generate income by selling put options to earn premiums

  • By: Staff
  • May 22, 2019 May 22, 2019
  • 13:47
calculating numbers for income tax return with glasses pen and calculator

New U.S. ETF will pay investors to buy fund

The Salt Financial LLC fund "furthers the relentless march towards fee compression," a Moody's report says

11119737 - in the spotlight featuring concept for the theater stage with glowing lights on red velvet cinema curtain and drapes representing the entertainment communications concept of an important announcement in a rich cinema and theatrical environment.

Mercer names new wealth heads for Toronto and Quebec

Todd Nelson and Yanick Chainey take on the roles

  • By: Staff
  • May 22, 2019 May 22, 2019
  • 10:47
Close-up of payment machine buttons with human hand holding plastic card near by

Higher gas prices fuelled increase in retail sales in March: StatsCan

Retail sales rose 1.1% during the month

Toronto skyline in financial district

Sectors to watch in Canadian equities

Banks, financial services and real estate have strong fundamentals

Fairfax says CFO David Bonham has died

The firm appointed VP corporate development John Varnell as interim CFO

  • By: Staff
  • May 21, 2019 May 21, 2019
  • 13:24

Advisor rating site to offer marketing platform

The new site's ratings are based on performance, fees, contact and serving clients' best interests

Canadians want a lifetime income. Why aren’t advisors talking about it?

Many clients see the omission as a reason to change advisors

Managing multiple goals when selling a family business

A case study of a complex process

Addressing the middle-class gap in financial advice

Rather than courting only HNW clients, advisors should look for ways to serve more households