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
Latest news in Industry News
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
Disability advocates say budget proposals alone won’t solve DTC access problems
While the new measures are welcome, experts say there are still problems with how the disability tax credit is administered
- By: Rudy Mezzetta
- July 20, 2021 August 16, 2021
- 17:12
Coinsquare shakes up executive team
The crypto-trading platform has tapped industry veteran Martin Piszel as its new CEO
- By: James Langton
- July 20, 2021 July 20, 2021
- 14:33
Finance confirms family business tax changes are law
Officials told MPs that any amendments to Bill C-208 would not be retroactive
- By: The Canadian Press
- July 20, 2021 July 20, 2021
- 12:22
Fidelity announces changes to Far East fund
New PM’s strategy is expected to result in a potentially meaningful capital gains distribution
- By: IE Staff
- July 20, 2021 July 20, 2021
- 11:47
Robinhood sees valuation of up to US$35 billion as public company
The online brokerage behind this year's meme stock phenomenon will list on the Nasdaq
- By: The Associated Press
- July 19, 2021 July 19, 2021
- 12:13
MPs on finance committee to discuss timing for changes to small business tax rules
Critics say the government is defying Parliament by not enacting the new rules
- By: The Canadian Press
- July 16, 2021 July 16, 2021
- 16:57
Singh demands ongoing tax on ultra-wealthy Canadians
An NDP proposal from last year calls for an annual tax of 1% on families with fortunes over $20 million
- By: Christopher Reynolds, The Canadian Press, The Canadian Press
- July 16, 2021 July 16, 2021
- 11:04
Planning for hybrid work in wealth management
Firms consider their post-pandemic plans
- By: Michelle Schriver
- July 15, 2021 May 9, 2023
- 16:51
Royal Bank of Canada names Indigenous leader Roberta Jamieson to its board
Jamieson, the first Indigenous woman to earn a law degree, is also a member of the Deloitte Canada board
- By: The Canadian Press
- July 14, 2021 July 14, 2021
- 14:35
ECB starts sketching digital euro
The two-year project aims to address design and distribution challenges for a European CBDC
- By: James Langton
- July 14, 2021 July 14, 2021
- 14:02
Powell says inflation, though elevated, will likely moderate
The Fed chair signalled no imminent change to ultra-low interest rates
- By: Christopher Rugaber, The Associated Press
- July 14, 2021 July 14, 2021
- 13:09
CFA Institute’s draft ESG standards could facilitate “greenwashing,” IFIC says
Naming standards and minimum requirements are needed for disclosure to help advisors, the fund group said
- By: Mark Burgess
- July 14, 2021 July 14, 2021
- 13:02
FCAC releases new financial literacy strategy
The government agency hopes to make the financial system more accessible and inclusive
- By: IE Staff
- July 14, 2021 July 14, 2021
- 12:22
Equitable collaborates with Desjardins to expand line of credit offering
Qualifying whole-life policyholders with Desjardins can now apply for a CSV loan
- By: IE Staff
- July 14, 2021 July 14, 2021
- 11:50
New Mackenzie equities fund aims to minimize impact of taxes
The fund uses a variety of tax-management strategies to maximize returns
- By: IE Staff
- July 14, 2021 July 14, 2021
- 11:22
New impact investing firm launches in Toronto
TwinRiver Capital will introduce investment products in the fall
- By: IE Staff
- July 14, 2021 July 14, 2021
- 11:21
Bank of Canada cuts growth forecast for 2021, reduces bond buying target
The central bank expects inflation to run above 3% for the rest of the year
- By: The Canadian Press
- July 14, 2021 July 14, 2021
- 10:52
Documents detail BoC’s bond-buying on federal debt
The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday
- By: Jordan Press
- July 13, 2021 July 13, 2021
- 16:44
Canada Life signs deal to buy claim management services company ClaimSecure
Another GWL subsidiary, Irish Life, has struck a deal to acquire Ark Life Assurance Company
- By: The Canadian Press
- July 13, 2021 July 13, 2021
- 12:33
FP Canada Standards Council introduces new technology rules
The rules are designed to set clear expectations for planners who use technology in their practices
- By: IE Staff
- July 13, 2021 July 13, 2021
- 12:23
BMO InvestorLine adds resources for DIY investors
The recent surge in online investing has created “significant demand” for features that inform investors, BMO says
- By: IE Staff
- July 13, 2021 July 13, 2021
- 12:06
Estate experts seek resolution on beneficiary designation issue
Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes
- By: Rudy Mezzetta
- July 13, 2021 July 13, 2021
- 11:50
Bank of England ditches dividend limits on U.K. banks
The central bank halted dividend hikes for lenders last March before loosening restrictions in December
- By: Pan Pylas, The Associated Press
- July 13, 2021 July 13, 2021
- 09:34