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Board room discussion
From the Regulators

Basel Committee revises credit risk principles

Group reiterates commitment to implementing final Basel III requirements

Crypto coins
From the Regulators

FDIC joins U.S. pro-crypto shift

Agency releases documents showing past resistance to banks' crypto efforts

Inflation written newspaper
Research and Markets

Inflation stable to end 2024: OECD

Weaker core inflation offsets rise in energy price pressures

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,
Research and Markets

Trade war could hurt housing rebound: CMHC

Agency expects lower borrowing costs, changes to mortgage rules to boost demand this year

candlestick chart and finger
Research and Markets

Canada presses on with trade diversification strategy

Deals with Ecuador, Indonesia contrast with lack of progress with India, the U.K.

Warehouse scene
Research and Markets

Canada records merchandise trade surplus of $708 million in December

StatCan says overall exports rose 4.9% to $69.5 billion for the month

Umbrella standing out from the crowd
Industry News

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

Sean Downey sees potential for “organic and inorganic growth”

changes ahead sign
From the Regulators

CFTC revamps enforcement division

Regulator slims its roster of task forces, signals shift in focus

hero
Products

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

Green forest
Research and Markets

Climate news drives ESG fund flows: BIS

Research finds media coverage boosts fund flows, portfolio allocations

Empty chairs
Research and Markets

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

The openings fell short of what economists had expected

Sign on the building of Financial Industry Regulatory Authority, or Finra, in Manhattan NYC lower financial district downtown, businessman man walking stock photo
From the Regulators

FINRA sanctions custody firm

Investors didn't get paid for lending securities, SRO alleged

Forlorn businessman
Research and Markets

Insolvencies rose 12.1% in 2024, led by business filings

A 15-year high in business, consumer insolvencies was recorded in 2024: association

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

Industry moves this week

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

Industry moves this week

A mix of executive and advisor moves were announced

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

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

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