Home News Page 2

Top Stories in News

banking expenses, credit cards on bank invoice

Visible minorities struggle with bills amid pandemic: StatsCan

New research finds visible minorities have been hit harder financially during the pandemic

The Saskatchewan Legistlative building in the background and a fountain on Wascana lake on a lovely summer day in Regina.

Saskatchewan passes legislation for title regulation

The next step is developing rules for who can use "financial planner" and "financial advisor"

This arrow indicates a rising economic promotion, economic development, success, leadership and leading means

ETF flows in Canada surge in first half of 2020

ESG funds crossed the $1-billion threshold, a report from National Bank says

low key image of trophy over wooden table and dark background, with abstract shiny lights

IIAC reveals 2020 Hall of Fame inductees

The organization is honouring five individuals


Richardson GMP paying $500K over supervisory failures

A supervisor in the firm's Calgary office has also been sanctioned

Close up on a file tab with the word life insurance, focus on the main text and blur effect. Concept image for illustration of family protection policy

Canada’s life insurance industry to contract 4.2% this year

GlobalData research also forecasts a substantial drop for annuities

  • By: Staff
  • July 3, 2020 July 3, 2020
  • 12:52
House bubble

Expect an increase in mortgage defaults

Layoffs and reduced wages will lead to financial hardship for many, DBRS warns

Concept of crisis with unstable statistic bars

Don’t expect ratings to stabilize this year, Fitch warns

More than one third of corporate credit ratings have a negative outlook, the agency finds

Close up of mouse trap on old wooden table

BoC warns of fraudsters posing as employees

Pro tip: the Bank of Canada doesn't need your account number

scales of justice

Former rep denied registration for keeping DUI charge under wraps

Rep was acquitted of charge but failed to disclose it to the OSC twice

Communication network concept. Multiple exposure.

Great-West’s acquisition will boost digital offering: Moody’s

The firm is buying U.S. investment manager Personal Capital

Survey finds advisors feel optimistic about growing their businesses

Despite the pandemic, most respondents expect their books to grow over the next three years

  • By: Staff
  • July 2, 2020 July 2, 2020
  • 15:35
senior client debt empty wallet

Don’t let low insolvency numbers fool you

A report says the numbers are out of sync with the financial struggles many are facing

PBO estimates cost of a basic income program

Such a program would likely face “fierce” political resistance, senator warns

Home sales rebound in Toronto, prices up almost 12%

Barring any major setbacks, stronger market conditions should continue in the second half

Ahead of fiscal update, RBC projects $265B deficit

The deficit is sustainable, a report says, and the feds should avoid austerity during the recovery

Howard Atkinson becomes exec at Pascal Financial

Atkinson had joined the firm in March as an advisor

  • By: Staff
  • July 7, 2020 July 7, 2020
  • 15:01

Large Canadian pensions will survive market turmoil: Fitch

The rating agency says large pensions are well positioned to survive the fallout of Covid-19

Investors need consistent, useful ESG disclosure: report

Morningstar says regulators have a role to play in standardizing data, terminology and disclosure

Horizons launches USD high-interest savings ETF

Cash funds have been popular this year

  • By: Staff
  • July 2, 2020 July 2, 2020
  • 12:03

CFRA to offer ETF data in Canada

The New York–based firm now has a product for the Canadian market

  • By: Staff
  • June 24, 2020 June 24, 2020
  • 14:52

OSC head says SRO merger may not be best solution

The CSA will undertake its own in-depth analysis of SRO reform, says Grant Vingoe