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niche investment
Research and Markets

Auto sales off to a strong start this year: DesRosiers

However, the firm says it's hard to put the sales into context amid uncertainty over U.S. tariffs

Quantum computer
Industry News

AI can speed up uncontested probate applications: lawyers

But courts need to digitize before AI can be used

China flag
Research and Markets

China counters with tariffs on U.S. products. It will also investigate Google

'China is trying to increase its bargaining chips,' senior economist in Hong Kong

Canadian economy
Research and Markets

Despite tariff pause, uncertainty hangs over Canadian economy

With Trump, 'there's always this sword hanging over our heads': Legault

World Map in Currencies stock photo
Industry News

U.S. tariffs remind Canada to diversify global trade

Trump has sullied the U.S.’s reliable reputation

People shaking hands in a boardroom
Research and Markets

Indigenous support critical to infrastructure projects

Community engagement, co-investment increasingly important: Moody's

US Canadian dollar
Research and Markets

Weak loonie signals economy is ‘in trouble’: currency expert

Canadian dollar neared 70 cents after PM announced that tariffs would be paused

Research and Markets

Trudeau secures delay: Here’s the latest as Canada faces tariffs from United States President Donald Trump

Canada commits to appoint a “fentanyl czar” and more

Research and Markets

Trudeau says U.S. tariffs on Canada will be paused for 30 days

Trudeau made the statement on X

Little bumps
Products

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

Dogecoin
From the Regulators

U.S. charges Canadian for alleged crypto hack

DoJ alleges that DeFi protocols exploited for US$65 million in crypto

Electric car charging
Research and Markets

Auto sector hoping for tariff relief as tariff shutdowns loom

Honda and Toyota would be especially affected by the tariffs as they produce a lot of their CRV and RAV4 vehicles in Ontario

Video conference screen
Industry News

Claims of home-office expenses increased 41% last tax season

Some employees may have larger deductions using detailed method relative to temporary flat-rate method

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

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