A proposed class action against CIBC Asset Management Inc. (CAM), alleging that the company engaged in closet indexing in certain mutual funds, has now been certified by the Supreme Court of British ...
Shopify Inc. was the largest drag on the S&P/TSX composite index, losing 7.03% on the day. The company reported a fourth-quarter profit of US$743 million, compared with a profit of US$1.29 billion in ...
In a new report, the rating agency examined the potential impact of federal legislation that comes into force in April 2027, which grants “super priority” status to unfunded pension liabilities and ...
Following a three-week trial, the former CEO of Utah-based SafeMoon US LLC, John Karony, was convicted last year on various ...
Brokers would be able to provide investors with performance projections under a rule change being proposed by the U.S.
“There is no doubt that the operation of the limitation period is unforgiving and harsh,” the lower court said, noting that ...
The Insurance Council of British Columbia (ICBC) is consulting on rule changes to support the implementation of the Restricted Insurance Agent Regulation.
The Bank of Canada’s governing council says it’s difficult to see where interest rates are headed as it faces increased risks ...
The Top des leaders de l’industrie financière awards were presented in Montreal Tuesday ...
BMO Financial Group says it’s joined the rest of the big Canadian banks in backing the proposed Defence, Security and ...
A convicted money launderer for offshore crypto investment scams — who is now on the run — has been sentenced, in absentia, to 20 years in prison by a U.S. court. In late 2024, Daren Li pled guilty to ...
The non-partisan Congressional Budget Office’s 10-year outlook projects worsening long-term U.S. federal deficits and rising debt, driven largely by increased spending, notably on Social Security, ...