IMF upgrades U.S. forecast, downgrades outlook for global economy
Projections include 2.6% growth in U.S., 1.5% growth in Canada
Latest news in Industry News
CEO of TD Ameritrade to step down in 2020
Tim Hockey did not explain his decision to leave
- By: Canadian Press
- July 23, 2019 July 23, 2019
- 10:17
Prospect of ‘no deal’ Brexit rises as Johnson confirmed as PM
Economists predict a recession if the U.K. leaves the EU without a deal in place
- By: Pan Pylas, The Associated Press
- July 23, 2019 July 23, 2019
- 10:08
CI Investments changes subadvisor on funds
Certain funds also have a new lead PM, while risk ratings of others have been changed
- By: Staff
- July 22, 2019 July 22, 2019
- 12:27
Mackenzie shakes up portfolio management for 26 funds
Nelson Arruda takes over portfolios managed by the departing Alain Bergeron
- By: Staff
- July 22, 2019 July 22, 2019
- 10:44
Equifax to pay up to $700M in data breach settlement
Settlement includes up to $425M in monetary relief to customers
- By: The Associated Press
- July 22, 2019 July 22, 2019
- 10:38
Genus Capital Management to pay back $1.67 million to clients in settlement with BCSC
The violation involved using 'soft dollars' to develop in-house software
- By: James Langton
- July 19, 2019 July 19, 2019
- 16:52
MFDA proposes changes to CE accreditation process
Regulator may outsource task of accrediting CE activity to third-party firms
- By: Staff
- July 19, 2019 July 19, 2019
- 16:48
Alain Bergeron named EVP, CIO at iA Financial Group
He replaces Michel Tremblay, who retired at the end of May
- By: Staff
- July 19, 2019 July 19, 2019
- 15:59
FSRA seeks members for pension advisory committees
The committees will advise Ontario's new financial services regulator on three pension-related areas
- By: Staff
- July 19, 2019 July 19, 2019
- 15:45
Caldwell Investment Management to pay $1.8 million for best execution violations
The OSC found the firm directed client trades through an affiliated dealer when better terms were available elsewhere
- By: James Langton
- July 19, 2019 July 19, 2019
- 15:19
Court rules in favour of former Manulife employee
Senior customer relationship manager announced plans to retire, then decided to stay with the company
- By: Staff
- July 19, 2019 July 19, 2019
- 14:14
Scotiabank closes first green bond offering
The bank sold US$500 million of 3.5-year bail-in notes
- By: Staff
- July 19, 2019 July 19, 2019
- 11:20
Mortgage stress test is now less stressful
The Bank of Canada has lowered its qualifying rate by 20 basis points
- By: The Canadian Press
- July 19, 2019 July 19, 2019
- 11:01
OSFI proposes revisions to banks’ liquidity, capital rules
Regulator plans to implement revisions by Jan. 1, 2020
- By: Staff
- July 18, 2019 July 18, 2019
- 17:31
Boomers worried they aren’t saving enough: survey
Also, a separate survey finds that female investors in Alberta lack confidence
- By: Staff
- July 18, 2019 July 18, 2019
- 15:09
Seniors unhappy with mutual funds, disclosure docs: report
Seniors make up 30% of the population, but account for 38% of the complaints made to OBSI
- By: Staff
- July 18, 2019 July 18, 2019
- 13:16
Sun Life lowers risk ratings for six funds
The changes are effective immediately
- By: Staff
- July 18, 2019 July 18, 2019
- 12:10
TD announces fund mergers, other changes
Three balanced funds will merge into others near the end of October
- By: Staff
- July 18, 2019 July 18, 2019
- 11:37
Police arrest second man in alleged Ponzi scheme
Investors were allegedly defrauded of almost $1 million
- By: Staff
- July 17, 2019 July 17, 2019
- 16:28
TSX to offer dark trading promo
Trades incorporating a speed bump will also be free
- By: Staff
- July 17, 2019 July 17, 2019
- 13:44
John De Goey to chair FP Canada Research Foundation
The research body also announced other changes to its board
- By: Staff
- July 17, 2019 July 17, 2019
- 12:39
AGF files prospectuses for 3 alternative funds
The funds use market neutral and long/short strategies
- By: Staff
- July 17, 2019 July 17, 2019
- 11:19
Interest in ESG expected to grow among hedge fund investors
Companies increasingly judged on more than just profits, Cerulli says
- By: Staff
- July 17, 2019 July 17, 2019
- 10:30
BoC to take over CORRA administration
Central bank to implement enhanced methodology in Q2 2020
- By: Canadian Press
- July 16, 2019 July 16, 2019
- 14:42