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Global growth
Research and Markets

Global IPOs weak despite strong markets, trading

WFE calls for policymakers to support public markets

rules and regulations
Research and Markets

Rising regulatory burden weighs on growth: StatCan

Accumulating rules reduce output, hit larger firms harder

From the Regulators

SEC hacker pleads guilty

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

Climate change board
Industry News

RBC collaborates with carbon emissions reporting platform

Clients can track scope 1, 2 and 3 carbon emissions

TD bank. stock photo
Industry News

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

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

Manufacturing
Research and Markets

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

Change concept with red paper airplane leading among white
Industry News

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
announcement
Industry News

Industry moves this week

A mixture of executive and PM moves were announced

Illustration of a man standing at a crossroads
From the Regulators

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

Computer tapping
Research and Markets

Stable outlook for U.S. retail brokers: Moody’s

Demand for advice, strong markets to drive growth in client assets

Industry News

Federal government hosts Canada-U.S. economic summit during tariff threat pause

Trudeau, in opening remarks at the event, reiterated the need for a 'Team Canada' approach

Stick figures
Research and Markets

U.S. employers added just 143,000 jobs last month

Still, the jobless rate slipped to 4% to start 2025

Tiff Macklem
Research and Markets

Tariff threat adds to central bank challenges: Macklem

The BoC governor says central banks can't address weaker output and higher inflation at the same time

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

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

SEC retreats on climate disclosure rules

Regulator signals halt to its legal defence of tougher climate rules

Investor class action against cannabis firm settled

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

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

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

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

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

Household income edged higher in Q3: OECD

Canada led G7 in per capita household income growth

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

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

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

Industry moves this week

TD promotes Ryan McNally, plus moves at Financial Horizons, Harbourfront and FSRA

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

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

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