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changes ahead sign

ISS drops race, gender from U.S. proxy voting

Firm cites U.S. government shift against DEI for policy change

Bank of Canada facade
Industry News

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

receiving taxes owed
Industry News

GST/HST break juiced restaurant jobs, but left retail sector behind

Restaurants added jobs, but 53% still operating at a loss or breaking even

Man moving stack of coins to growing stack of coing. Concept of investment income growth.
Research and Markets

Household income edged higher in Q3: OECD

Canada led G7 in per capita household income growth

From the Regulators

SEC retreats on climate disclosure rules

Regulator signals halt to its legal defence of tougher climate rules

TD bank. stock photo
Industry News

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

Manufacturing
Research and Markets

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

Carrying debt
Research and Markets

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
Benjamin Franklin
Research and Markets

The Fed is prepared to keep its key rate unchanged for now: Powell

On Tuesday, the central bank chair said the Fed is 'well positioned' to deal with risks, uncertainties

Research and Markets

Trudeau says Canada will push back on U.S. tariffs

PM calls steel and aluminum tariffs "unacceptable"

Court settlement
From the Regulators

Investor class action against cannabis firm settled

$30 million deal requires court approval, set for March 26

Hand holding a light bulb
Products

Product roundup: Evolve plans to unveil leveraged crypto ETFs in Canada

Plus, more CDRs from CIBC; multiple firms announce fund launches or changes

British Columbia wildfires
Research and Markets

The economic fallout of extreme weather events

Weather-related shocks have different impacts on output, inflation, BIS finds

SEC hacker pleads guilty

Breach was used to falsely post about bitcoin ETF approval, sending crypto prices up

Industry divided on OSC’s proposed ‘long-term asset funds’

The funds would give retail investors exposure to illiquid assets such as private debt, private equity and infrastructure

FCA to pay investors for complaint delays

Regulator defends its conduct in 'mini-bond' investigations

RBC collaborates with carbon emissions reporting platform

Clients can track scope 1, 2 and 3 carbon emissions

TD Bank Group to sell remaining 10.1% stake in Charles Schwab

The bank's stake is worth roughly US$15.4 billion

IGM Financial hits asset highs in Q4

Quarterly mutual fund sales through the advisor network were up 45% year over year

  • By: IE Staff
  • February 7, 2025 February 7, 2025
  • 17:46

Global IPOs weak despite strong markets, trading

WFE calls for policymakers to support public markets

Rising regulatory burden weighs on growth: StatCan

Accumulating rules reduce output, hit larger firms harder

Canadian Steel Producers Association ‘deeply concerned’ about latest tariff threat

The White House plans to announce 25% tariffs on steel and aluminum imports into the U.S. on Monday

Industry moves this week

A mixture of executive and PM moves were announced

Financial Horizons’ new president offers a ‘steady hand’ to MGA

Sean Downey sees potential for “organic and inorganic growth”

U.S. job openings fall to 7.6 million in December

The openings fell short of what economists had expected

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

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

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