TD getting new head of private wealth, financial planning
The swap is effective June 14, with outgoing leader Dave Kelly providing guidance until September
- By: Katie Keir
- June 9, 2021 January 12, 2022
- 11:23
Latest news in Industry News
Consumer debt driven by new mortgages, but credit card debt at six-year low
The largest increases in consumer debt were in British Columbia and Ontario
- By: The Canadian Press
- June 8, 2021 June 8, 2021
- 10:03
Carney warns of climate exposure at RIA conference
The former central bank governor spoke about adjusting portfolios for climate change
- By: Mark Burgess
- June 7, 2021 June 7, 2021
- 17:08
Providing funding and inspiration for Black entrepreneurs
A new VC fund aims to raise $10 million for Black entrepreneurs in the tech space
- By: James Langton
- June 7, 2021 June 7, 2021
- 13:15
One in five Canadian investors plans to switch wealth providers: EY study
Clients looking to transfer assets to another firm will typically move one-third of their assets
- By: Rudy Mezzetta
- June 7, 2021 June 7, 2021
- 13:03
Canada to tax tech giants as planned despite G7 tax deal, says Freeland
G7 finance ministers agreed to a global minimum corporate tax of at least 15%
- By: Ross Marowits
- June 7, 2021 June 7, 2021
- 12:05
Morgan Stanley shutters Calgary office: report
The investment banking office closes amid declining interest in the oil sector
- By: IE Staff
- June 7, 2021 June 7, 2021
- 11:54
PenderFund names new SVP for investments
Geoff Scott joined the Vancouver-based firm last month
- By: IE Staff
- June 7, 2021 June 7, 2021
- 11:54
University of Waterloo will teach sustainable financial management
A program launching in 2022 will combine expertise from the university's finance and environment faculties
- By: IE Staff
- June 4, 2021 June 4, 2021
- 11:06
Fed plays limited role in assessing climate risks for banks
The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead
- By: The Associated Press
- June 4, 2021 June 4, 2021
- 10:47
Canaccord reports record revenues, drops proposal to acquire RF Capital
The firm said it will continue to focus on recruitment and organic growth
- By: IE Staff
- June 2, 2021 June 2, 2021
- 15:45
OSC names members of Seniors Expert Advisory Committee
Members will serve a one-year term
- By: IE Staff
- June 2, 2021 June 2, 2021
- 14:38
Empire Life partners with digital platform to offer employee benefits to small biz
The Simply Benefits platform allows advisors, employers and employees to manage benefits
- By: IE Staff
- June 2, 2021 June 2, 2021
- 11:29
Laurentian Bank reports $53.1M profit in Q2, beats expectations
The bank continued a trend that saw Canada's large banks report better-than-expected results
- By: The Canadian Press
- June 2, 2021 June 2, 2021
- 10:47
Trudeau promises cities help to lower high cost of housing
The prime minister says young people are facing “a housing crisis”
- By: Jordan Press
- June 1, 2021 June 1, 2021
- 16:53
Title protection in Ontario on track for 2022
The regulator maintains the LLQP likely won't meet the standard for "financial advisor"
- By: Michelle Schriver
- June 1, 2021 June 1, 2021
- 15:19
MFDA reports fewer prohibitions, monetary penalties in 2020
The regulator handed out $3.4 million in fines last year, down from $9.3 million in 2019
- By: IE Staff
- June 1, 2021 June 8, 2021
- 15:14
Canadian banks to focus on growth, spending and buybacks after strong second quarter
Government relief diminished the need for banks’ massive loan loss reserves
- By: Tara Deschamps, The Canadian Press
- June 1, 2021 June 1, 2021
- 13:25
BMO InvestorLine launches commission-free trading for ETFs
Eligible clients can choose from more than 80 ETFs from BMO, iShares and Vanguard
- By: IE Staff
- June 1, 2021 June 8, 2021
- 10:57
Scotiabank reports $2.5B second quarter profit, beats expectations
The bank’s loan loss provisions fell to $496 million compared with $1.85 billion a year ago
- By: Tara Deschamps, The Canadian Press
- June 1, 2021 June 1, 2021
- 09:41
Economy grew at 5.6% annual rate in first quarter of year, Statistics Canada says
The boost was aided by the loosening of public health restrictions
- By: The Canadian Press
- June 1, 2021 June 1, 2021
- 09:36
Federal government launches loan program for Black-owned businesses
The launch comes months after the Liberals first laid out the plan last September
- By: The Canadian Press
- May 31, 2021 May 31, 2021
- 14:34
Desjardins buys Montreal boutique firm Hexavest
Terms of the deal, which is expected to close on Sept. 1, were not disclosed
- By: IE Staff
- May 31, 2021 May 31, 2021
- 12:28
Finance Department reports preliminary deficit of $314B for last fiscal year
The unprecedented figure was caused by an equally unprecedented economic shock
- By: The Canadian Press
- May 28, 2021 May 28, 2021
- 11:54