Latest news in Industry News

Business lawyer team. Working together of lawyer in the meeting.

FP Canada fielded 66 complaints, conducted 11 hearings in 2020

The certification body released its annual statistics, achievements and priorities

By: IE Staff
July 30, 2021 July 30, 2021
16:52

RF Capital reports net loss, record AUA in Q2

After taking full ownership of Richardson Wealth, the firm now has $34 billion in assets under administration

By: IE Staff
July 30, 2021 July 30, 2021
12:58

Government extends wage and rent subsidies to October

Minister Freeland said the government is also freezing rates for the wage and rent subsidies at current levels

By: Jordan Press, The Canadian Press
July 30, 2021 July 30, 2021
12:24

Empire Life reports lower Q2 earnings

Expected profit on in-force business also fell by 4%

By: IE Staff
July 30, 2021 July 30, 2021
11:08

Following IPO, Robinhood looks to expand beyond trading

Robinhood shares traded on the Nasdaq for the first time Thursday

By: The Associated Press
July 29, 2021 July 29, 2021
15:42

iA Financial reports solid profits in Q2

Sales were up in iA’s individual insurance and wealth management divisions

By: IE Staff
July 29, 2021 July 29, 2021
11:32

Financial industry backs Canadian bid to host ISSB

Freeland sent a formal letter making the case for a Canadian headquarters for sustainability standards

By: Mark Burgess
July 29, 2021 July 29, 2021
10:55

Financial stock exchange market display screen board on the street

CSA proposes streamlined capital raising

The proposal would allow eligible issuers to raise up to $10 million annually

By: IE Staff
July 28, 2021 July 28, 2021
15:04

Federal Reserve notes improving economy, a step toward easing support

More progress is needed on employment, price stability before tapering bond purchases, Powell says

By: Christopher Rugaber, The Associated Press, The Associated Press
July 28, 2021 July 28, 2021
14:24

IIROC’s client identifier requirements take full effect

The measures enhance market monitoring and investigations

By: IE Staff
July 28, 2021 July 28, 2021
13:34

Manulife renames equities team, announces plan to discontinue DSCs

The firm also announced various risk-rating and fund-names changes

July 27, 2021 July 27, 2021
16:59

RBC GAM names new global infrastructure head

CPPIB veteran Andrew Hay is taking the new role

By: IE Staff
July 27, 2021 July 27, 2021
16:51

Will the CRA challenge small biz transfers that use Bill C-208?

Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule

By: Rudy Mezzetta
July 27, 2021 July 28, 2021
16:44

Robinhood IPO asks customers to play big role as investors

The online brokerage is allowing users to buy one third of the company’s shares before Robinhood begins trading on the Nasdaq

By: Alex Veiga, The Associated Press
July 27, 2021 July 27, 2021
15:50

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

RBC Dominion Securities fined $350K for supervisory failings

In a settlement agreement with IIROC, the firm acknowledged it failed to adequately monitor suspicious account transfers

By: IE Staff
July 27, 2021 July 27, 2021
13:45

Investment fund charges should be included in fee summaries: report

A report for the MFDA uses behavioural insights to recommend expanded cost reporting

By: Mark Burgess
July 26, 2021 July 26, 2021
15:48

First-ever G-Corp lists on NEO Exchange

Canaccord Genuity G Ventures Corp. will focus on acquisitions in the mid-cap space

By: IE Staff
July 26, 2021 July 26, 2021
11:59

Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

Richardson Wealth adds to tax and estate planning team

The firm announced three new hires in its Western offices

By: IE Staff
July 26, 2021 July 26, 2021
11:03

Yellen outlines to Congress emergency measures on debt limit

The measures would seek to avoid an unprecedented default on U.S. national debt

By: Martin Crutsinger, The Associated Press
July 23, 2021 July 23, 2021
14:53

TD issuing $1.75B in LRCNs

The notes will bear interest of 3.6% annually for the first five years

By: IE Staff
July 23, 2021 July 23, 2021
10:39

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

CFP exam pass rate was 67% in May

First-time writers outdid their peers, with a pass rate of 73%

By: IE Staff
July 22, 2021 July 22, 2021
16:49

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Small business group launches petition to maintain government financial supports

Only 35% of businesses are back to normal sales levels, the CFIB says

By: IE staff, with files from Canadian Press
July 22, 2021 July 22, 2021
11:16

Advisor guilty of tax fraud sentenced to three years in jail

The CRA successfully appealed a conditional sentence imposed in 2019

By: IE Staff
July 21, 2021 July 21, 2021
14:22

Great West U.S. subsidiary buying Prudential’s retirement biz

The $4.45-billion transaction is expected to close in the first quarter of 2022

By: Tara Deschamps, The Canadian Press, The Canadian Press
July 21, 2021 July 21, 2021
12:00

Conquest Planning raises $7.5M to accelerate growth

Power Corp. affiliate Portage Ventures is among the startup's investors

By: IE Staff
July 21, 2021 July 21, 2021
10:46