Total TFSA contribution room to rise above $100K in 2025
Oct 15, 2024 · However, the TFSA dollar limit for 2025 can be calculated using the consumer price index (CPI) published by Statistics Canada on Tuesday, which came in at 1.6% for September 2024.. The federal indexation factor for the coming year is calculated as the average of the monthly CPI for the 12-month period ended Sept. 30 of this year divided by the average CPI for the 12-month period ended Sept. 30 ...
US stocks fall sharply after the Fed hints at just 2 rate cuts for 2025
Dec 18, 2024 · The bigger question centres on how much more the Fed will cut next year. A lot is riding on it, particularly after expectations for a series of cuts in 2025 helped the U.S. stock market set an all-time high at least 57 times in 2024.
Canaccord acquires Wood Gundy advisory team with $1B in client …
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, ” …
Canada’s Financial Industry Newspaper | Investment Executive
Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
Advisors' Report Card 2024 | Investment Executive
Nov 15, 2024 · Advisors’ Report Card 2024 main chart. How advisors across the financial advice industry rated their channels, based on average firm results. November 15, 2024 November 15, 2024; 09:36
Active U.S. Large Cap Managers Could Be Poised to Outperform
Aug 22, 2022 · In recent years, prevailing market conditions tended to work against active equity managers as a group. Powerful gains for major U.S. large‑cap benchmarks, such as the S&P 500 Index, were disproportionately driven by a small number of mega‑cap growth stocks.
U.S. will enter a recession in 2025: BCA Research
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.
RBC, TD remain Canada’s entrants on FSB list
Nov 26, 2024 · The Royal Bank of Canada (RBC) and Toronto-Dominion Bank remain the only Canadian banks on the Financial Stability Board’s (FSB) annual list of global systemically important banks (G-SIBs).
Industry moves this week | Investment Executive
Nov 20, 2024 · Each week, we summarize notable moves across the financial industry. Roy Gori, president and CEO of Manulife, announced he will retire in May. Phil Witherington, current president and CEO of the Asia segment, will take over the position.Gori will continue to serve as an advisor until August 2025 to support the transition to Witherington.
SEC reports record financial remedies | Investment Executive
Nov 22, 2024 · “What our numbers do not reflect … are countless investigations that may not have resulted in an enforcement action for evidentiary or other reasons, or where we declined to pursue an enforcement action, but that shined a spotlight on potentially problematic conduct and caused responsible market participants to cease engaging in it,” said Sanjay Wadhwa, acting director of the SEC’s ...