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Government help during Covid-19: a summary

Let clients know about available assistance

Man buying fresh vegetables at farmer's market

Breaking down federal support for business owners

Here’s a summary of the feds' Covid-19 economic response

Downtown office buildings Toronto

S&P/TSX composite hits highest close since March on strength of financials sector

The TSX closed up 123.91 points on Wednesday

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Royal Bank Q2 profit falls 54% as it increases provisions for bad loans

Loan loss provisions increased by $2.4 billion

Indianapolis - Circa June 2017: Signage and Logo of BMO Harris Bank. BMO Harris is one of the Largest Banks in the Midwest V

BMO reports Q2 profit down from year ago as provisions for credit losses rise

The bank’s loan loss provisions totalled $1.11 billion for the quarter

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EU recovery fund proposed to aid with deep recession

Member nations are struggling to protect healthcare systems, businesses and jobs amid pandemic

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CI acquires stake in another U.S. RIA, launches new private pools

The firm has now acquired an interest in four RIAs with total assets of US$6.6 billion

  • By: IE Staff
  • May 26, 2020 May 26, 2020
  • 12:56
Grand opening, cutting red ribbon

Mackenzie Investments announces fund changes

Access to one U.S. mid-cap fund has been expanded

  • By: IE Staff
  • May 27, 2020 May 27, 2020
  • 10:44
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National Bank reports Q2 net income of $379 million, beats analyst expectations

The bank set aside $504 million in loan loss provisions

Man buying fresh vegetables at farmer's market

Covid-19 rent aid for businesses, landlords to cost $520 million, PBO says

The estimate is uncertain, due to the lack of precedent for this kind of program

Bank of Nova Scotia, Toronto, On

Scotiabank Q2 profit down from year ago as provisions for credit losses soar

Demand for deferrals in Canada peaked in the first week of April

Parliament buildings on a sunny day

Federal deficit likely to rise to $260B, says PBO

The previous estimate was $252.1 billion, before recent pandemic measures

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Address change would be temporary until quarantine efforts are lifted

  • By: IE Staff
  • April 1, 2020 May 13, 2020
  • 10:21
OSC Dialogue 2017 to feature FCA, SEC executives

IE’s Calendar of Industry Events

Helping advisors find opportunities for accredited continuing education

  • By: IE Staff
  • October 23, 2019 April 24, 2020
  • 10:30
a serious business man thinking about serious problems

Is now the time to review clients’ risk tolerance?

Performing the know-your-client process during a pandemic has both pros and cons

Advisors turning to webinars to educate clients

Online education also provides opportunity for prospecting

Tips for video-conferencing with clients

Platforms like Skype and Zoom allow you to meet with clients virtually, but it’s essential that you protect your clients’ personal information

Tech stocks offer risk and reward

Clients looking for investment opportunities in this rapidly changing sector must approach them with caution