BoC cuts rate to 0.5%
The Bank of Canada is lowering its target for the overnight rate to 0.5%. The bank rate is correspondingly 0.75% and the deposit rate is…
- By: Staff
- July 15, 2015 September 13, 2019
- 10:34
Top Stories in News
A mid-year investment outlook
It’s been a tumultuous year for equity markets. A drop in oil prices has pushed down Canadian stocks while the turmoil in Greece has sent…
- By: Craig Sebastiano
- July 15, 2015 September 13, 2019
- 10:27
Greece will need more debt relief than previously expected: IMF
The International Monetary Fund has indicated in a secret report that Greece will need more debt relief than its creditors are prepared to provide, Reuters…
- By: Staff
- July 14, 2015 September 13, 2019
- 15:54
Despite hope for a new bailout, Grexit threat remains
As early as two months from now, history might repeat itself in the eurozone. After months of wrangling, Greek Prime Minister Alexis Tsipras has finally…
- By: Yaldaz Sadakova
- July 14, 2015 September 13, 2019
- 15:42
Hedge funds register first loss of 2015
Hedge funds registered their first monthly loss of 2015 with the Eurekahedge Hedge Fund Index down 1.26% in June, while the MSCI World Index declined…
- By: Staff
- July 14, 2015 September 13, 2019
- 11:28
Lawsuit accuses Walmart of denying benefits to same-sex spouses
A Massachusetts woman has filed a class-action lawsuit accusing Walmart of wrongly denying employee benefits for same-sex spouses.
- By: Associated Press
- July 14, 2015 September 13, 2019
- 11:17
Ottawa seeks feedback on voluntary CPP
The Government of Canada has officially started consultations for a voluntary supplement to the Canada Pension Plan (CPP).
- By: Staff
- July 14, 2015 September 13, 2019
- 11:00
Long waits for healthcare cost $1.2 billion
Long waits for surgeries and medical treatments in 2014 cost Canadians $1.2 billion in lost income and productivity, finds a Fraser Institute study.
- By: Staff
- July 14, 2015 September 13, 2019
- 09:36
RBC to sell Swiss private banking business
Royal Bank of Canada has agreed to sell its Switzerland-based private banking business to SYZ Group for an undisclosed amount.
- By: Staff
- July 14, 2015 September 13, 2019
- 09:15
Average household debt tops $90,000
Most Canadians with debt would be significantly impacted if interest were to rise two percentage points, finds BMO’s annual debt report. Sixty-four percent say their…
- By: Staff
- July 13, 2015 September 13, 2019
- 11:24
Canadians prefer TFSAs, RRSPs over CPP expansion
As Canada's premiers prepare to meet in St. John's this Wednesday, new data shows that most Canadians can't afford to save more for retirement, and…
- By: Staff
- July 13, 2015 September 13, 2019
- 10:32
Alternative assets no longer considered alternative
Total assets managed by the top 100 alternative investment managers globally reached US$3.5 trillion in 2014 (up from US$3.3 trillion in 2013), finds Towers Watson.
- By: Staff
- July 13, 2015 September 13, 2019
- 09:42
10 features of an ideal retirement system
Addressing the problem of aging populations around the world, CFA Institute has partnered with Mercer to produce a report and infographic identifying 10 key principles…
- By: Staff
- July 13, 2015 September 13, 2019
- 09:31
Survey finds 56% of Canadian workers reporting reduced productivity due to financial concerns
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…
- By: Staff
- September 27, 2024 September 27, 2024
- 15:00
Caisse buying 25% stake in U.K. electricity firm, investing in forestland portfolio
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…
- By: Staff
- September 27, 2024 September 26, 2024
- 15:00
Canadians with employer-sponsored health benefits 20% more likely to seek care when needed: survey
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…
- By: Staff
- September 27, 2024 September 26, 2024
- 09:00
HOOPP’s Jeff Wendling retiring in 2025
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…
- By: Staff
- September 26, 2024 September 26, 2024
- 11:00
How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans
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…
- By: Staff
- September 26, 2024 September 24, 2024
- 11:00