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Lawyer writing in legal book
Industry News

CSA proposes WKSI model

Proposal aims to ease regulatory costs, encourage capital formation by mature issuers

U.S. flag
Economic

U.S. applications for jobless benefits fall to lowest level in nearly 8 months

Labour market continues to show strength in the face of elevated interest rates

Hacker programing in technology enviroment with cyber icons and symbols
Industry News

Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes

If high rates persist, fraudulent activity could accelerate

agriculture in Alberta
Industry News

Alberta deserves more than half CPP assets if it exits program: report

Province would be entitled to 53% of the national pension plan's pool by 2027

The Bank of England.
Economic

BoE joins Fed in keeping interest rates unchanged after inflation declines

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

gavel
Industry News

Crypto company wrong to cancel options, court finds

Power to award options lies with board, not management

Inspecting documents
Regulation

U.S. fund industry slams new SEC fund-name rules

Regulator aims for truth in advertising, seeks to combat greenwashing

Federal Reserve building
Economic

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

Speechless
Economic

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Governing council said holding rates steady was the right decision for now, but worried about misinterpretation

Corporate diversity
Industry News

Small venture capital player becomes symbol in fight over corporate diversity policies

Fearless Fund co-founder says it will take trillions of dollars to close the racial and gender gap in venture capital funding

Fraudster captured
Regulation

Ex-broker pleads guilty in crypto fraud case

Clients' assets misappropriated rather than invested, U.S. authorities charged

Consumer woes
Economic

Canadians report financial security concerns as inflation hammers savings

RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't

  • By: Staff
  • September 20, 2023 September 20, 2023
  • 11:41
China collage
Economic

Chinese officials express faith in economy, keep interest rates steady

Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth

What would a U.S. government shutdown mean?

Impacts to Social Security, travel, student loans and more explained

Canadian economy to get back on its feet next year: Deloitte Canada

Recovery will pick up steam in the second half of 2024, the company forecast

U.S. economy grew at 2.1% rate last quarter

Surprising resilience continues amid tighter monetary policy

Industry moves this week

RBC Investor Services has a new CEO, and changes arise from iA Financial Group's capital markets restructuring

  • By: Katie Keir
  • September 28, 2023 September 28, 2023
  • 15:45

CSA finalizes derivatives conduct rules

Canada remained the last G20 country without conduct standards for OTC derivatives markets

Climate funds growing alongside global temps

Assets growing but portfolio companies not on track to avert disaster

Retail sales up 0.3% in July

Data reinforces the BoC's decision to hold rates, economist says

Product news: Hamilton introduces first covered-call bond ETF

Plus, RBC iShares launches five thematic funds

  • By: Mark Burgess
  • September 13, 2023 September 13, 2023
  • 09:24

Cash ETFs remain popular while energy funds see historic outflows

Fixed-income ETFs continued their dominance in August, according to National Bank Financial

Global trade group proposes crypto regulation principles

World Federation of Exchanges calls for crypto trading to face similar standards as traditional markets

Proposed class action alleges B.C. failed children

Government should have opened RESPs, RDSPs for kids in its care, suit claims

SEC alleges Virtu failed to guard client data

Firm rejects regulator's allegations, cites political motive for action