Home News Industry News

Latest news in Industry News

United States Federal Reserve System symbol

Fed foresees a potential rate hike as soon as next year

Inflation has surged as consumer spending and disrupted supply chains have created shortages

Close up of Business people shaking hands, finishing up meeting, business etiquette, congratulation, merger and acquisition concept

Ontario Teachers’ to acquire HomeEquity Bank

The acquisition is expected to close in the first half of next year

Female advisor meeting with male client at hotel lobby

How advisors are responding to the pandemic election results

Clients' concerns range from broad social and fiscal spending to potential tax changes

  • By: Katie Keir
  • September 22, 2021 September 23, 2021
  • 14:40

CIBC launches first new corporate logo since 2003

The bank is also working on completing its new global headquarters in Toronto

4% rule is no longer an ideal retirement strategy, Milevsky says

The York University professor laid out his concerns at an event this week

Liberals may be more open to NDP tax proposals in new Parliament, experts say

Advisors will be watching for taxes targeting high earners, capital gains and wealth inequality

Parliament Hill in Ottawa - Ontario, Canada

What another Liberal minority means for clients

A re-elected Liberal government could go after bank profits and move ahead with taxes on the wealthy

Financial stock exchange market display screen board on the street

MX extends hours to include Asia-Pacific trading

The exchange's plans to extend trading hours to match Asian markets were pushed back to Sept. 19

  • By: IE Staff
  • September 20, 2021 September 20, 2021
  • 11:21
wide green field and blue sky, indicating possibilities

Proposed sustainability board could be key for ESG reporting: Fitch

The proposed creation of the ISSB — potentially headquartered in Canada — could lead to a globally accepted ESG framework

Skyline of the financial district

Not all banks are cutting new purchases of third-party funds

CWB and Meridian will continue to offer outside products

  • By: Katie Keir
  • September 16, 2021 September 20, 2021
  • 16:35
Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

Federal Reserve reviews ethics policies after prolific trading uncovered

Two regional Fed presidents traded excessively last year

Prosper Canada launches service to help financially vulnerable Canadians

The new portal offers free tools, tips and worksheets

investing with a smart phone

Wealthscope partners with ESG data company

The partnership allows the fintech to add ESG scores to its portfolio analytics

Close up of Business people shaking hands, finishing up meeting, business etiquette, congratulation, merger and acquisition concept

U.S.-based Focus Financial acquires Cardinal Point

Cardinal Point offers cross-border wealth planning services to HNW clients

Election sign at Polling Station of Woodbridge, Ontario, Canada

Election 2021: Where the parties stand on financial issues

Here’s what's been proposed for financial institutions, taxes, housing and more


New survey sheds light on diversity in sustainability

Only half of respondents felt as though organizations had turned words into action on equality, diversity and inclusion strategies

man playing golf on beautiful sunny green golf course

CI Financial to open U.S. headquarters in Miami

Toronto-based firm has acquired or made deals for 21 U.S. wealth firms since last year

Close up of businessman hands making handshake - greeting, dealing, merger and acquisition concepts

CI Financial buys US$5.2-billion Portola Partners

The Silicon Valley-based wealth manager serves wealthy families and tech entrepreneurs

sustainable world map concept

Pricing natural assets to preserve them

NYSE seeks to list novel asset class that captures the value of natural assets

Quebec flag billowing in the breeze

Wellington-Altus expands to Quebec

The company eyes growth as it enters Canada's second-largest market

stock market down

Desjardins eliminating commissions for direct investors

The Montreal-based co-op is the latest Canadian firm to offer no-fee trading

  • By: IE Staff
  • September 13, 2021 September 13, 2021
  • 15:58

VersaBank plans Nasdaq IPO

The fintech seeks to expand its platform, consider acquisitions

white house in washington dc

Democrats seek corporate, wealthy tax hikes for $3.5T plan

The proposed top tax rate would revert to 39.6% on couples earning more than $450,000

Shot of a senior woman in a wheelchair being cared for a nurse

Tory pledge to expand DTC eligibility would cost $177M over five years

Promise to extend sickness benefits would cost $4B over the same time period


IFIC names new board leader for 2021-22

The organization also released a year in review summary that highlighted key themes

  • By: IE Staff
  • September 10, 2021 September 10, 2021
  • 12:54