Industry News

Industry

OSFI fires first salvo on climate risk

Regulator issues initial guidance targeting financial firms' climate risk management, governance

By James Langton |March 7, 2023

2 min read

Industry

Bank earnings flat in Q1 as provisions, expenses rise: Fitch

Revenue growth across major business segments was outpaced by rising costs

By James Langton |March 6, 2023

2 min read

Industry

Digital bank fined by FINTRAC

WealthOne paid $676,500 penalty amid compliance lapses

By James Langton |March 6, 2023

1 min read

Industry

S&P announces changes to Canada’s broad index

Five changes are coming to the S&P/TSX Composite later this month

By Staff |March 6, 2023

1 min read

Industry

Richardson Wealth struggles with back-office tech transition

RF Capital CEO Kish Kapoor attributed the problems to technology issues, data transfer challenges and user training

By Rudy Mezzetta |March 3, 2023

3 min read

Economic Indicators

Toronto area home prices down 18% from last February, sales halved: board

But “renewed price growth” forecast in 2023

By Tara Deschamps, The Canadian Press |March 3, 2023

3 min read

Industry

Women in the boardroom tied to credit quality

Moody's finds companies with more diverse boards tend to have higher credit ratings

By James Langton |March 3, 2023

1 min read

Industry

Nickel market outage under investigation by FCA

Regulator confirms enforcement inquiry into extended LME closure

By James Langton |March 3, 2023

2 min read

Industry

Trade group can’t be sued for alleged rep misconduct

Court dismisses suit against Million Dollar Round Table

By James Langton |March 3, 2023

2 min read

Industry

RBC faces another vacation pay class action

Bank's P&C advisors seek holiday pay on their variable compensation

By James Langton |March 3, 2023

1 min read

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