Basel Committee revises credit risk principles
Group reiterates commitment to implementing final Basel III requirements
- By: James Langton
- February 5, 2025 February 5, 2025
- 13:58
Top Stories in News
FDIC joins U.S. pro-crypto shift
Agency releases documents showing past resistance to banks' crypto efforts
- By: James Langton
- February 5, 2025 February 5, 2025
- 13:48
Inflation stable to end 2024: OECD
Weaker core inflation offsets rise in energy price pressures
- By: James Langton
- February 5, 2025 February 5, 2025
- 13:34
Trade war could hurt housing rebound: CMHC
Agency expects lower borrowing costs, changes to mortgage rules to boost demand this year
- By: Sammy Hudes, The Canadian Press
- February 5, 2025 February 5, 2025
- 11:17
Canada presses on with trade diversification strategy
Deals with Ecuador, Indonesia contrast with lack of progress with India, the U.K.
- By: Kyle Duggan, The Canadian Press
- February 5, 2025 February 5, 2025
- 11:03
Canada records merchandise trade surplus of $708 million in December
StatCan says overall exports rose 4.9% to $69.5 billion for the month
- By: The Canadian Press
- February 5, 2025 February 5, 2025
- 09:32
Financial Horizons’ new president offers a ‘steady hand’ to MGA
Sean Downey sees potential for “organic and inorganic growth”
- By: Alisha Hiyate
- February 5, 2025 February 4, 2025
- 09:15
CFTC revamps enforcement division
Regulator slims its roster of task forces, signals shift in focus
- By: James Langton
- February 4, 2025 February 4, 2025
- 16:09
Currency-hedged ETFs were popular in January, amid fears of weakening loonie
Canada’s ETF industry gathered $8.8B in the month: National Bank Financial
- By: Noushin Ziafati
- February 4, 2025 February 4, 2025
- 15:46
Climate news drives ESG fund flows: BIS
Research finds media coverage boosts fund flows, portfolio allocations
- By: James Langton
- February 4, 2025 February 4, 2025
- 13:46
U.S. job openings fall to 7.6 million in December
The openings fell short of what economists had expected
- By: Paul Wiseman, The Associated Press
- February 4, 2025 February 4, 2025
- 13:38
FINRA sanctions custody firm
Investors didn't get paid for lending securities, SRO alleged
- By: James Langton
- February 4, 2025 February 4, 2025
- 13:33
Insolvencies rose 12.1% in 2024, led by business filings
A 15-year high in business, consumer insolvencies was recorded in 2024: association
- By: The Canadian Press
- February 4, 2025 February 4, 2025
- 12:58
Bank of Canada appoints Michelle Alexopoulos to new deputy governor role
The U of T economics professor will work with the bank in a part-time role
- By: The Canadian Press
- February 11, 2025 February 11, 2025
- 15:13
GST/HST break juiced restaurant jobs, but left retail sector behind
Restaurants added jobs, but 53% still operating at a loss or breaking even
- By: Jonathan Got
- February 11, 2025 February 11, 2025
- 13:29
TD Bank to get $20 billion from selling Charles Schwab stake
The bank is looking for ways to simplify its holdings and chart a path forward: CEO
- By: The Canadian Press
- February 11, 2025 February 11, 2025
- 11:33
Industry moves this week
A mixture of executive and PM moves were announced
- By: Alisha Hiyate
- February 7, 2025 February 7, 2025
- 15:15
Industry moves this week
TD promotes Ryan McNally, plus moves at Financial Horizons, Harbourfront and FSRA
- By: Alisha Hiyate
- January 31, 2025 January 31, 2025
- 16:56
Industry moves this week
A mix of executive and advisor moves were announced
- By: Alisha Hiyate
- January 24, 2025 January 24, 2025
- 16:08
Product roundup: Evolve plans to unveil leveraged crypto ETFs in Canada
Plus, more CDRs from CIBC; multiple firms announce fund launches or changes
- By: Noushin Ziafati
- February 10, 2025 February 10, 2025
- 16:28
Mutual funds rebound in 2024; ETFs set record: IFIC
Mutual fund net sales totalled $15.2 billion in 2024, the first year of positive net sales since 2021
- By: Noushin Ziafati
- February 3, 2025 February 3, 2025
- 16:28
Product roundup: BMO to launch its first Canadian Depository Receipts
Plus, 3iQ looks to launch first Solana, XRF ETFs; asset managers announce multiple new funds
- By: Noushin Ziafati
- January 31, 2025 February 4, 2025
- 16:26
ISS drops race, gender from U.S. proxy voting
Firm cites U.S. government shift against DEI for policy change
- By: James Langton
- February 11, 2025 February 11, 2025
- 15:13
SEC retreats on climate disclosure rules
Regulator signals halt to its legal defence of tougher climate rules
- By: James Langton
- February 11, 2025 February 11, 2025
- 12:44
Investor class action against cannabis firm settled
$30 million deal requires court approval, set for March 26
- By: James Langton
- February 10, 2025 February 10, 2025
- 17:07
Household income edged higher in Q3: OECD
Canada led G7 in per capita household income growth
- By: James Langton
- February 11, 2025 February 11, 2025
- 12:49
Here’s the latest as Canada faces steel and aluminum tariffs from the United States
The White House plans to announce 25% tariffs on steel and aluminum imports into the U.S. on Monday
- By: The Canadian Press
- February 11, 2025 April 7, 2025
- 11:11
Insolvent debtors’ average credit card balance tops $20,000 in Ontario
25% jump is the biggest year-over-year increase since the study launched in 2011
- By: Kevin Press
- February 11, 2025 February 11, 2025
- 11:10