A former Federal Reserve bank examiner has pleaded guilty to a misdemeanour, admitting leaking confidential information to a Goldman Sachs employee that led to a…
Federal Reserve Chair Janet Yellen said Wednesday that an interest rate hike in December would be a “live possibility” if the economy stays on track.…
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For the first time in nearly 100 years, a political newcomer is stepping into the high-stakes, pressure-cooker position of federal finance minister. Multi-millionaire Toronto businessman…
Industry group says 2016 will be another gloomy year for Canada's energy sector.
Prime Minister Justin Trudeau has appointed newly minted members of Parliament Bill Morneau and Diane Lebouthillier to two key economic portfolios. Morneau is Canada’s new…
A drilling industry group says the oilpatch is in for another year of weak activity as low commodity prices continue to pinch. The Petroleum Services…
With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…
Statistics Canada says the country’s trade deficit narrowed to $1.7 billion in September, giving rise to expectations that the economy may start to see the…
BlackRock will be buying Bank of America’s $87 billion money-market fund business, Reuters reports. The deal between the biggest money manager in the world and…
Aston Hill Asset Management Inc. has launched the Aston Hill High Income Fund, which will be managed by Aston Hill’s CIO, Ben Cheng. With the…
Thirty-nine of the 42 Morningstar Canada Fund Indices increased during October, including 19 indices that increased by 3% or more. Here are some highlights from…
Last year, the assets managed by the biggest 500 fund managers in the world increased by over 2%, hitting US$78.1 trillion, compared with US$76.4 trillion…
Canadians with an employer-provided benefits plan are 20 per cent more likely to seek care when needed and 25 per cent more likely to report…
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…
With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…
The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…
Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…