Nov 22, 2024 · Both the U.S. and Canadian economies will go into recession in 2025, according to Peter Berezin, chief global strategist at BCA Research. Neither will suffer the kind of balance sheet recession that followed the global financial crisis in 2008, but he’s pessimistic about both central banks’ ability to engineer a soft landing.

Nov 15, 2024 · “In the competitive wealth management advisory channel, top advisors are actively seeking a platform and environment that empowers their teams to deliver on the complexities of their value propositions and achieve the client outcomes they aspire to, ” …

Jan 3, 2025 · The Mercer Pension Health Pulse was launched in 2008. Eighty-eight per cent of the funds in Mercer’s database have a solvency ratio of 100% or better.

Nov 28, 2024 · Retail investors who held units of funds operated by failed alternative investment fund manager, Bridging Finance Inc., are in line to share $473 million in a distribution being proposed by the firm’s receiver, PricewaterhouseCoopers Inc. (PwC).

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Jan 3, 2025 · The Asia-Pacific region made up 21% of CPP Investments’ holdings as of Mar. 31, according to its annual report. Those placements earned a net return of just 0.1% in fiscal 2024.

Oct 29, 2024 · The husband and wife team that founded alternative fund manager Bridging Finance Inc. (BFI) engaged in fraud that involved utilizing assets from the firm’s funds in conflicted transactions that benefited them personally, Ontario’s Capital Markets Tribunal has ruled — while the firm’s collapse is expected to result in more than $1 billion in investor losses.

Dec 11, 2024 · So, what does this all mean for the global and Canadian economies? Quite a lot. In 2025 central banks are expected to diverge on their rate-cutting measures, with slowing economies such as Canada and the EU lowering policy rates much further than the U.S. to stimulate a rebound in domestic demand and close the output gap.

Oct 29, 2024 · Each week, we summarize notable moves across the financial industry. Keeley Simpson has become chief executive officer, chief compliance officer and portfolio manager for her new independent wealth firm, Aretec Wealth Inc., based in Toronto.She’s joined in the venture by Will Simpson, president, and Greg Wise, vice-president.All three worked for BMO Nesbitt Burns Inc. — Keeley for 16 years ...

Dec 20, 2024 · Each week, we summarize notable moves across the financial industry. Susan Allemang has retired as director of policy and regulatory affairs with the Independent Financial Brokers of Canada (IFBC) after 20 years. The organization credits Allemang with elevating its profile among finance professionals, regulators and industry stakeholders, and recognized her as a “fierce champion” of the ...