Banks lobby for higher deposit insurance limit ahead of federal budget
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
- March 21, 2023 March 21, 2023
- 13:38
Top stories
Industry News
Quebec cuts taxes for lowest income brackets
The province is also increasing the maximum age for applying for a retirement pension to 72 from 70
- March 21, 2023 March 21, 2023
- 16:56
Canaccord appoints former Ontario finance minister to board amid takeover tussle
New appointments come a week after four board members opposed to the takeover resigned
- March 21, 2023 March 21, 2023
- 12:25
Inflation in Canada continues to slow, reaffirming BOC’s rate pause
The 5.2% reading in February marked the largest deceleration since April 2020
- By: The Canadian Press
- March 21, 2023 March 21, 2023
- 13:38
CFA adds private wealth specialization to Level III
The change is one of five updates to the CFA program aimed at making the charter more practical
- By: Melissa Shin
- March 20, 2023 March 20, 2023
- 14:11
Yellen says bank situation stabilizing, different from 2008
Treasury Secretary said more rescue efforts could be necessary to prevent contagion
- By: Fatima Hussein, The Associated Press
- March 21, 2023 March 21, 2023
- 15:29
NB budget raises health-care spending by 10%
The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth
- By: Hina Alam, The Canadian Press
- March 21, 2023 March 21, 2023
- 13:58
‘Bank run-type scenario’ at lifecos highly unlikely: DBRS
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
- By: Greg Meckbach
- March 21, 2023 March 21, 2023
- 15:43
New SRO highlights proprietary product conflicts
A review identified gaps in addressing conflicts associated with proprietary products
- By: Mark Burgess
- March 20, 2023 March 20, 2023
- 12:00
Canadian banks’ funding is stable despite losses since SVB failure
Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says
- By: Staff
- March 20, 2023 March 20, 2023
- 13:31
How Manulife Securities-Fidelity deal signals a larger trend
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
- By: Greg Meckbach
- March 20, 2023 March 20, 2023
- 17:47
Why investors should look beyond macro
Outlook for stocks is nuanced but "definitely not all bad," PM says
- By: Maddie Johnson
- March 20, 2023 March 20, 2023
- 16:30
Fed’s tough challenge: Confront inflation and bank jitters
Most economists think the Fed will raise rates by a quarter-point on Wednesday
- By: Christopher Rugaber, The Associated Press
- March 20, 2023 March 20, 2023
- 14:34
Credit Suisse–UBS deal offers hope, but bank doubts persist
Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven
- By: Kelvin Chan, The Associated Press
- March 20, 2023 March 20, 2023
- 14:25
Finance Minister outlines priorities as pre-budget week kicks off
The government will show more fiscal restraint as part of efforts to rein in inflation
- By: The Canadian Press
- March 20, 2023 March 20, 2023
- 16:42
Women make up one-third of S&P/TSX composite board positions for first time
Women held 33.7% of board seats, up from 27.9% in January 2020
- By: The Canadian Press
- March 20, 2023 March 20, 2023
- 15:16
As markets roil, advisors toil: how you handled the SVB fallout
Amid fraught headlines, here's how financial advisors served clients this week
- By: Michelle Schriver
- March 17, 2023 March 21, 2023
- 16:16
How Manulife Securities-Fidelity deal signals a larger trend
Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
As markets roil, advisors toil: how you handled the SVB fallout
Amid fraught headlines, here's how financial advisors served clients this week
- By: Michelle Schriver
- March 17, 2023 March 21, 2023
- 16:16
Different approach to planning can build relationships with female clients
Why the industry needs more female advisors
- By: Maddie Johnson
- March 7, 2023 March 8, 2023
- 16:30
Keeping the cost of death down
Planning helps clients avoid overspending on funerals, burials
- By: Rosa Saba, The Canadian Press, Staff
- February 23, 2023 February 23, 2023
- 12:28
