Fed foresees a potential rate hike as soon as next year
Inflation has surged as consumer spending and disrupted supply chains have created shortages
- By: Christopher Rugaber, The Associated Press
- September 22, 2021 September 22, 2021
- 15:01
Latest news in Industry News
Ontario Teachers’ to acquire HomeEquity Bank
The acquisition is expected to close in the first half of next year
- By: The Canadian Press
- September 22, 2021 September 22, 2021
- 14:51
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
- By: IE staff, with files from Canadian Press
- September 22, 2021 September 22, 2021
- 14:02
4% rule is no longer an ideal retirement strategy, Milevsky says
The York University professor laid out his concerns at an event this week
- By: Daniel Calabretta
- September 22, 2021 September 22, 2021
- 13:43
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
- By: Rudy Mezzetta
- September 22, 2021 September 28, 2021
- 12:40
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
- By: Mark Burgess, IE staff, with files from Canadian Press
- September 21, 2021 September 21, 2021
- 06:58
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
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 reviews ethics policies after prolific trading uncovered
Two regional Fed presidents traded excessively last year
- By: Christopher Rugaber, The Associated Press, The Associated Press
- September 16, 2021 September 16, 2021
- 14:22
Prosper Canada launches service to help financially vulnerable Canadians
The new portal offers free tools, tips and worksheets
- By: Maddie Johnson
- September 16, 2021 September 16, 2021
- 12:42
Wealthscope partners with ESG data company
The partnership allows the fintech to add ESG scores to its portfolio analytics
- By: Maddie Johnson
- September 16, 2021 September 16, 2021
- 12:08
U.S.-based Focus Financial acquires Cardinal Point
Cardinal Point offers cross-border wealth planning services to HNW clients
- By: Rudy Mezzetta
- September 16, 2021 September 16, 2021
- 12:02
Election 2021: Where the parties stand on financial issues
Here’s what's been proposed for financial institutions, taxes, housing and more
- By: Daniel Calabretta
- September 16, 2021 October 4, 2021
- 10:49
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
- By: Maddie Johnson
- September 16, 2021 September 15, 2021
- 00:01
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
- By: Rudy Mezzetta
- September 15, 2021 September 15, 2021
- 13:32
CI Financial buys US$5.2-billion Portola Partners
The Silicon Valley-based wealth manager serves wealthy families and tech entrepreneurs
- By: Rudy Mezzetta
- September 14, 2021 September 14, 2021
- 13:05
Pricing natural assets to preserve them
NYSE seeks to list novel asset class that captures the value of natural assets
- By: James Langton
- September 14, 2021 September 14, 2021
- 12:19
Wellington-Altus expands to Quebec
The company eyes growth as it enters Canada's second-largest market
- By: Daniel Calabretta
- September 14, 2021 September 13, 2021
- 09:01
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
- By: James Langton
- September 13, 2021 September 13, 2021
- 15:05
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
- By: The Associated Press
- September 13, 2021 September 13, 2021
- 13:34
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
- By: Rudy Mezzetta
- September 10, 2021 September 13, 2021
- 14:54
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