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Most Canadian provinces have debt burden larger than their economies
The impact of Canadian government debt on the growth potential of regional economies has been highlighted in a new report.
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CIRO bans mutual fund rep for serious misconduct case that appears to be unique
The CIRO decision notice also stated that “Staff was unable to provide a case like this one where stealth advising resulted in financial harm. The fines issued in the stealth advising cases provided ...
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Wellington-Altus adds new leadership roles to support advisor growth and operations
Wellington-Altus Financial Inc. has introduced three new leadership roles, including two executive positions, to manage its ...
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Stocks rally into election, with markets eyeing Fed’s next rate decision
The benchmark index rose 1.23 percent, closing at 5,782.76. The Nasdaq Composite advanced by 1.43 percent to 18,439.17, and ...
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Bank of Canada debates impact of larger rate cut amid labour market concerns
Economic performance has lagged Bank forecasts in the latter part of the year. The October monetary policy report revised the third-quarter growth forecast to 1.5 percent, yet Statistics Canada ...
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OSC report reveals shifting trends in Ontario’s investment fund landscape
The Ontario Securities Commission (OSC) has published its Summary Report for Investment Fund and Structured Product Issuers, offering an overview of the Investment Management division's key activities ...
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Sun Life hits record assets, navigates investor outflows with new ETF plans
Sun Life Financial Inc. reported record-high assets under management in the third quarter, reaching $1.52tn, according to BNN Bloomberg. CEO Kevin Strain noted that the 13 percent asset growth from ...