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Desjardins posted big gains in Q1

The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions

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Brookfield AM reports rise in net income in Q1

Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high

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Net redemptions slow as CI reports Q1 profit

The firm's assets under management continued to grow in the first quarter

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Feds launch council on sustainable finance

Enhancing climate-related financial disclosures will be an early focus

  • By: IE Staff
  • May 12, 2021 May 12, 2021
  • 14:44
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FSRA updates title reg proposal

The Ontario regulator proposed a central registry of title users and shorter transition periods

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Sterling Mutuals adds ETFs to product shelf

As ETF assets in the MFDA channel continue to grow, more firms are hopping on board

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Deadline extended again for ETF tax proposal

Revised allocation to redeemers legislation appears in the 2021 budget implementation bill

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There’s $149 million in B.C.’s lost and found

A non-profit agency has reported a surge in people seeking unclaimed assets

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Cidel Asset Management to acquire fixed income manager

Lorica Investment Counsel is a specialty bond manager focused on the Canadian market

  • By: IE Staff
  • May 10, 2021 May 10, 2021
  • 15:27
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RF Capital reports net loss, record AUA in first full quarter after consolidation

The firm will unveil a new growth strategy later this month

Knowledge Bureau seeks applicants for new award

CI acquires US$5.1B San Diego-based RIA

The deal for Dowling & Yahnke is CI Financial's second-largest RIA acquisition to date

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IGM Financial reports record-high Q1 earnings

AUM and AUA were also up, for the quarter and compared with March 2020

  • By: IE Staff
  • May 7, 2021 May 7, 2021
  • 15:32
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GWL reports ‘solid’ Q1 earnings

Also, GWL subsidiary Canada Life describes its new distribution platform for advisors

AUM down for Fiera Capital Corp. in Q1

The firm reported a $23-million profit in first quarter

  • By: IE Staff
  • May 7, 2021 May 7, 2021
  • 13:02
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What KYP reforms mean for advisors

Experts at an InvestorCOM webinar discussed how firms are preparing for the client-focused reforms

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Profits grow for iA Financial in Q1

The firm saw record gross sales of seg funds and mutual funds in the quarter

  • By: IE Staff
  • May 6, 2021 May 6, 2021
  • 13:19
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Borden Ladner Gervais acquires AUM Law

The deal will allow BLG to expand and automate its regulatory compliance services

  • By: IE Staff
  • May 6, 2021 May 6, 2021
  • 12:16
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Manulife’s core earnings surge in Q1

The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains

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Sun Life earns $937 million in first quarter of 2021

The insurer attributed its gain to favourable equity markets and interest rate changes

Negotiation tips when buying or selling a book

A session at the IFB Spring Virtual Summit offered insights for advisors

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Former RBC DS portfolio manager to helm new family office

The Grondin Group has partnered with Walter GAM and W Investments Group

  • By: IE Staff
  • May 5, 2021 May 5, 2021
  • 11:07
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Federal budget bill includes changes to stock options, annuities, mutual fund trusts

New legislation will adopt a number of measures from the 2019 budget

  • By: IE Staff
  • May 4, 2021 May 4, 2021
  • 16:47
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Nova Scotia offers extra $12 million to businesses hit by latest Covid-19 lockdown

Eligible businesses will receive a one-time grant of up to $5,000

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Finance and insurance sector help fuel growth, employment

The industry's contributions at home and globally were detailed by the Conference Board of Canada

  • By: IE Staff
  • May 4, 2021 May 4, 2021
  • 13:19
Ontario Legislative Building at Queens Park in Toronto Ontario

It’s official: marriage no longer revokes a will in Ontario

Bill 245 has received royal assent, which also means that Ontario is a substantive compliance province and virtual will witnessing is permanent