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S&P 500 hits record high as markets weigh Fed policy and Trump's tariff threats
On Wednesday, the S&P 500 set another record high, extending its upward trend despite the Federal Reserve’s cautious stance ...
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Canadian Tire agrees to sell Helly Hansen for nearly $1.3 billion
Canadian Tire Corp. Ltd. has reached an agreement to sell Helly Hansen to US-based Kontoor Brands in a deal valued at nearly ...
wealthprofessional.ca4h
Fund Roundup: Four asset managers announce fund changes, new ETFs, and terminations
Leith Wheeler Investment Counsel, Franklin Templeton Canada, Manulife Investment Management, and Purpose Investments have ...
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What risks do advisors, clients face when succession is neglected?
That scenario, Aziz notes, is for those advisors who can still choose to retire. Many of us are left in situations where ...
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Canada's big banks challenged by shareholder groups to be more transparent on fossil fuels
Among those backing the coalition’s challenge to the banks is the Trottier Family Foundation which has committed $150 million ...
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High borrowing costs forces Canadian mortgage renewers to consider drastic action
With 85% of the approximately 1.2 million mortgages affected having been secured when the Bank of Canada’s key lending rate ...
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Fed plays it safe, but Trump's trade policies could shake things up
Trump's push for reciprocal tariffs adds uncertainty as the Fed signals caution on future rate cuts Meeting minutes from the US Federal Reserve's January session, released Wednesday, reveal that ...
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Canadian consumer debt continues to grow, health of credit market at four-year low
But the report warns that the health of the Canadian consumer credit market, as measured by TransUnion’s Canada Consumer Credit Index, declined to its lowest level since 2021 (99.8) in the fourth ...