On Wednesday, the major six banks announced they would decrease their prime rates by a quarter-percentage point, from 5.45% to 5.2%, effective the following day. That came after the Bank of Canada cut ...
Toronto-based wealthtech OneVest completed a US$20-million Series B funding round, the company announced Wednesday.
So, Ramos started online platform Viver in 2023 and took on the role as the company’s president. Carte’s president Kirk Purai ...
As the tax-filing season approaches, the clock is ticking on two legal challenges to the proposed capital gains tax changes.
The central bank said it is harder to gauge where inflation is headed, in part because of uncertainty around Trump's policies ...
Amid an increase in lawsuits involving artificial intelligence-related claims, the volume of U.S. securities class action ...
The German economy, Europe’s largest, also contracted 0.2% for all of 2024, the second straight year of declining output. The outlook for this year isn’t much better. The government slashed its 2025 ...
Investment funds received a boost in 2024, with both mutual funds and ETFs recording their largest annual increase in assets under management (AUM) on record, the Investment Funds Institute of Canada ...
Following a similar effort by the Canadian Investment Regulatory Organization (CIRO) last year, the Canadian Securities Administrators (CSA) is proposing changes to its trading rules that would keep ...
The federal government immigration plan for 2025-27, released in October, will reduce real GDP by 1.7% by the end of 2027, according to a Parliamentary Budget Officer (PBO) report published Thursday.
Investment firms need to boost their defences against money launderers and financial criminals, the U.K.’s Financial Conduct Authority (FCA) said in a report released Thursday. The report detailed the ...
Fewer than half of Canadian chief executive officers expect Canada’s economy to grow more this year than it did in 2024. A slim majority said the same about the global economy, in PwC’s 2025 Global ...