Tech roundup: Two banks launch AI initiatives
Plus, other software updates and a partnership
Latest news in Industry News
New Brunswick sets goal of boosting economy by 10% by 2030
It also wants to increase labour productivity by 3.3%
- By: Eli Ridder, The Canadian Press
- April 23, 2026 April 23, 2026
- 16:01
Prescribed rate to remain 3% in Q3 for fifth consecutive quarter
Interest rate on overdue tax will remain 7% in Q3
- By: IE Staff
- April 22, 2026 April 22, 2026
- 14:18
Homeowners buy more term coverage in their 20s and 40s
Term policies can have advantages over mortgage insurance
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 09:00
Trump picks a University of Minnesota professor to lead his economic council
Christopher Phelan's resume suggests a keen interest in the operations of central banks
- By: Josh Boak, The Associated Press
- April 21, 2026 April 21, 2026
- 16:31
Blue Owl to acquire REIT in US$2.4B cash deal
Deal offers 19% premium to Sila Realty Trust trading price on Friday
- By: Noushin Ziafati
- April 20, 2026 April 20, 2026
- 14:46
Anthropic’s Mythos shows need to ‘come to grips’ with AI risks: Macklem
The BoC governor says technology's evolving abilities underscore importance of cybersecurity
- By: Craig Lord, The Canadian Press
- April 17, 2026 April 17, 2026
- 15:45
Wealthsimple’s new X partnership brings opportunities and risks, experts say
Arrangement could encourage more or riskier trades, critics say
- By: Tara Deschamps, The Canadian Press
- April 17, 2026 April 17, 2026
- 12:51
RBC, Scotiabank pull back on climate goals
The banks are dropping their interim emission reduction targets due to various factors
- By: The Canadian Press
- April 16, 2026 April 17, 2026
- 16:48
First Capital’s $9B portfolio to be divided between Choice Properties, KingSett
The deal comes amid signs of renewed optimism in Canadian real estate: KingSett head
- By: Ian Bickis, The Canadian Press
- April 16, 2026 April 16, 2026
- 15:01
FP Canada, Institute of Financial Planning update guidelines on expected returns, add shelter projection
Projected returns slightly lower for equities, fixed income compared to last year's guidelines
- By: IE Staff
- April 16, 2026 April 16, 2026
- 14:47
Sun Life discounts term, perm, CI policies
Offers end July 31, and policies must be in force for one year to be eligible
- By: Jonathan Got
- April 16, 2026 April 16, 2026
- 14:41
No automatic interest relief for trusts complying with retroactive AMT change
With reduced deduction of investment counsel fees, many trusts need to amend tax returns
- By: Michelle Schriver
- April 16, 2026 April 16, 2026
- 12:07
WISE Trust Pension Plan earned net annual return 8.1% in 2025
The result helped boost its net AUM to $4.8B at the end of the year
- By: The Canadian Press
- April 16, 2026 April 16, 2026
- 09:25
IA transitions new life applications to new platform
Existing policies to remain in legacy system
- By: Jonathan Got
- April 15, 2026 April 15, 2026
- 15:50
Canada Life’s updated par lineup ‘aligns incentives’
Higher renewal comp, longer chargeback schedule aim to match advisor incentives to client interests
- By: Jonathan Got
- April 15, 2026 April 16, 2026
- 13:27
P.E.I. government tables budget with record $410M deficit
That's more than double the $184M deficit the government tabled last spring
- By: Devin Stevens, The Canadian Presss, IE Staff
- April 15, 2026 April 15, 2026
- 09:55
Liberals to table spring economic statement on April 28
The update will factor in promises made since the fall, including a boost to the GST benefit
- By: Craig Lord, The Canadian Press
- April 14, 2026 April 14, 2026
- 16:02
Middle East conflict shows importance of Canadian energy exports: Scotiabank CEO
Speaking at the bank's AGM, Thomson also said Scotia will disclose its energy supply ratio later this month
- By: The Canadian Press
- April 14, 2026 April 14, 2026
- 12:03
AI Minister to meet with Anthropic on cyber risks posed by Mythos AI model
Model has identified vulnerabilities in operating systems, browsers
- By: Anja Karadeglija, The Canadian Press
- April 14, 2026 April 14, 2026
- 09:37
Income, wealth gaps increased in 2025
The net worth of the top 20% averaged $3.5 million per household
- By: Jonathan Got
- April 13, 2026 April 13, 2026
- 10:39
Seg fund turnaround set to continue
Product options, focus on planning add to last year's sales momentum
- By: Michelle Schriver
- April 13, 2026 April 13, 2026
- 09:06
Crown Capital sells off assets as it faces debt, liquidity pressures
The Calgary-based asset manager negotiated with its lender to buy more time to repay its debt
- By: Noushin Ziafati
- April 10, 2026 April 10, 2026
- 17:30
Lower deduction of investment counsel fees hits trusts with AMT
Many trusts may need to amend 2024, 2025 tax returns
- By: Michelle Schriver
- April 10, 2026 April 10, 2026
- 12:43
Issuers start moving to semi-annual reporting
Venture companies begin opting for less frequent reporting
- By: James Langton
- April 9, 2026 April 9, 2026
- 17:11