Latest Market News

Jan 12
EIA reports a weekly drop in U.S. crude stocks, gasoline inventories rise

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 4.6 million barrels for the week ended Jan. 7. On average, analysts had forecast a fall of 1.6 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 1.1 million-barrel decline, according to […]

Jan 12
New program launched to reunite New Brunswickers with misplaced money

Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. The proclamation means holders of unclaimed property — like businesses, associations and government organizations — are now required to review their books to search for monetary property that belongs to someone […]

Jan 12
The Unclaimed Property Act received proclamation on January 1

Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. Under the Act, holders of unclaimed property — like businesses, associations and government organizations – are now required to review their books to search for monetary property that belongs to someone […]

Jan 12
Canadian Securities Administrators to establish an Investor Advisory Panel to further enhance retail investor protection

Montréal – The Canadian Securities Administrators (CSA) plans to establish an Investor Advisory Panel (CSA IAP) to represent the interests of retail investors in pan-Canadian policy development activity. This initiative will further the CSA’s focus on its investor protection mandate. “We listened to retail investor advocates who expressed a need for more structured and sustained […]

Jan 12
FCNB launches innovative campaign targeting Millennial, DIY investors

The Financial and Consumer Services Commission of New Brunswick (FCNB) has launched The Right Recipe, a new investor education campaign targeting Millennial and do-it-yourself investors with resources designed specifically for them. “We know this demographic is notoriously difficult to reach and can also be disinclined to take advice from a Crown corporation,” says Marissa Sollows, […]

Jan 12
Crypto investment scams targeting N.B. residents through social media and dating sites

The Financial and Consumer Services Commission (FCNB) is warning New Brunswickers of fraudsters who are using social media and dating websites to lure people into crypto-asset investment scams. In the first nine months of 2021, 20 New Brunswickers reported losing nearly $ 711,000 in crypto investment scams, according to the Canadian Anti-Fraud Centre (CAFC). It […]