Defined benefit (DB) pension funds in RBC Investor Services’ (RBCIS) client database produced an impressive 11.3% median ...

With the closing of its acquisition by National Bank of Canada on Feb. 3, Canadian Western Bank (CWB) will be removed from ...

Liquidity in global financial markets improved in the third quarter of 2024, as total credit expanded, according to new data ...

The promise of “open banking” has been a long time coming — when it does finally arrive in early 2026, it will take time to ...

Fund dealers and investment dealers will face a new, common set of fees in the coming year, after regulators approved the Canadian Investment Regulatory Organization’s (CIRO) proposed new integrated ...

The government is unlikely to meet its objective of keeping deficits within 1% of GDP each year from 2026-27 to 2029-30, the ...

Employers in expensive cities have to offer higher salaries to attract talent, which raises expenses and lowers productivity ...

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 ...

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 ...

Toronto-based wealthtech OneVest completed a US$20-million Series B funding round, the company announced Wednesday.

As the tax-filing season approaches, the clock is ticking on two legal challenges to the proposed capital gains tax changes.

At the hearing, Bridging’s receiver, PricewaterhouseCoopers Inc. (PwC), will ask the court to approve a partial distribution of the assets that it has recovered so far to unitholders in the the firm’s ...