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jobless puzzle pieces
Research and Markets

‘Serious momentum’: Jobs data blows past estimates as unemployment falls to 6.6%

The manufacturing sector carried the largest employment gains, adding 33,000 jobs

Stock markets going up and down
Industry News

Canaccord grows wealth management business, but posts Q3 loss

Global wealth management revenue grows 19.7% year over year to $233.4 million

saving money
From the Regulators

FCA to pay investors for complaint delays

Regulator defends its conduct in 'mini-bond' investigations

crowd divided
Research and Markets

Population picture remains in doubt: Desjardins

Early indications point to progress on immigration, but goals remain distant

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t
Industry News

FSRA revokes licence of former life agent for misappropriating client funds

Several clients who lost money filed lawsuits last year

  • By: IE Staff
  • February 6, 2025 February 6, 2025
  • 14:42
Research and Markets

A trade war would hurt Canada’s banks: DBRS

Economic fallout would weigh on banks' credit quality, driving loan losses

Apartment building
Research and Markets

National rent prices hit 18-month low in January: report

Report says rent declined for the fourth straight month following 38 consecutive increases

Piles of coins
Industry News

Great-West Lifeco earns $1.1 billion in Q4, raises dividend

Insurer plans $500 million in share buybacks in 2025

Cropped image of young woman holding resume over white
Research and Markets

U.S. applications for jobless benefits rise, but layoffs remain relatively low

Claims rose by 11,000 to 219,000 last week

Facade of bank of england
Research and Markets

Bank of England cuts main interest rate to 4.5%, halves economic growth projection

Two of the nine-member panel voted for an even bigger cut

Computer keys
From the Regulators

Court allows parallel class actions in data breach

B.C. court refuses to dismiss case, despite similar action in Ontario

Exterior of CRA headquarters building
Industry News

Legal challenge to CRA’s administration of capital gains tax changes continues

Request for judicial review 'is not moot,' lawyer says, despite deferral of increased CGIR

Judge makes ruling
From the Regulators

B.C. appeal court certifies closet indexing class action

Fund investors don't need to allege fraud, court finds

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

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

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