Latest news in Industry News

elderly caucasian woman counting coins in her hands

Ontario regulator issues proposed guidance on handling troubled DB plans

The FSRA has outlined its approach to supervising plans with solvency concerns

Communication network concept. Multiple exposure.

Sterling Mutuals moves to new digital wealth platform

The AI-powered platform from Pascal Financial launches this quarter

Oil drilling rig, tanghai county of hebei province oil fields in China

ESG will be top of mind for CEOs in 2020: report

MSCI predicts that more financial institutions will be issuing loans based on companies’ ESG performance in the year ahead

Securities trending up

Exchange seeks to guard against excess volatility

The MX will debut new trading controls later this month aimed at reducing short-term volatility during early-morning trading

Water drop making a ripple on the surface

Retail investors face liquidity risks in alt funds, European regulator says

Alternative fund categories with the highest proportion of retail investors are especially vulnerable

Megaphone

Lisa Raitt joins CIBC Capital Markets team

The former MP will focus on developing senior-level client relationships as vice-chair of global investment banking

Toronto skyline in financial district

Eccleston steps down from TMX Group

The CEO is retiring early following allegations of inappropriate behaviour at a previous job

Whistle blower or whistleblower

Best interest rules incoming for U.S. firms

After June 30 implementation, FINRA will start reviewing firms' best interest compliance

Lawyer

Class action against two brokerages to proceed

Earlier decision to deny certification was a mistake, Ontario court rules

Startup business partners working together in desktop

CSA announces consultation on “access equals delivery” model

Regulators aim to enhance disclosure for public companies without compromising investor protection

Slow profit growth business concept as a snail creating a hole shaped as a financial arrow chart in a leaf by eating the plant as a metaphor for economic slowdown.

Earnings momentum to slow for Canada’s big banks

Banks challenged by economic uncertainties, lower interest rates and rising credit loss provisions, DBRS says

Montreal Skyline in winter and Commemorative Jacques Cartier plaque located on the balustrade of the Kondiaronk lookout on Mount Royal

WGAM names new managing partner

Julie Lalonde to support growth of private equity platform

businessman searching with binoculars

Watch out for these REITs in 2020

Cell towers, industrial warehouses and luxury Japanese hotel rooms are among the top opportunities highlighted by Timbercreek

Emotional Stress, Bankruptcy, Finance

Some caregivers have unmet needs

Statistics Canada data shows 70% of caregivers in 2018 were supported but that some need additional help

Wooden gavel used by a judge or auctioneer

MFDA bans, fines former rep for failure to co-operate

The decision is the latest in connection with falsified loan applications through Investors Group

  • By: Staff
  • January 8, 2020 January 8, 2020
  • 12:35
Senior Woman Giving Credit Card Details On The Phone

ASC names top six investment traps

Regulator warns investors to steer clear of opportunities that may be “too good to be true”

Customer service evaluation form with male hand drawing pink tick on poor.

CRA call centres get a “D” on CFIB’s report card 

Business group says overall quality of service lower and wait times longer than in previous survey

Toronto skyline in financial district

Canada’s banking chiefs offer outlooks and priorities

Key topics include direct banking, mortgage stress tests and financial planning

Gas flaring. Torch against the sky.

Banks paying closer attention to ESG risks: report

High-risk borrowers are finding it harder to obtain financing

Morningstar names Ron Bundy head of global indexes business

Pat Fay has also joined the firm as managing director

  • By: Staff
  • January 7, 2020 January 7, 2020
  • 11:50
Securities and Exchange trending up

Study finds circuit breakers help curb wild trading

But they also cause bid-ask spreads to surge

Candle stick graph chart of stock market investment trading

MSCI introduces 15 new indexes

It aims to meet investor demand for ESG integration and factor-based strategies

  • By: Staff
  • January 7, 2020 January 7, 2020
  • 11:17
Real estate growth cart

Toronto sees a spike in home sales in December

The average home price also rose compared to the same period last year

Conceptual image of micro circuit Security concept

Warning suggests Iranian hackers could target financial services firms

New York's Department of Financial Services has issued an alert

Competition, Arrow Sign, Arrow, Direction, Expressing Positivity,Challenge

ETFs outsell mutual funds for second straight year

Canadian ETFs had a record-breaking $28 billion in inflows in 2019