Economic boost coming in the back half of 2021: CIBC
The bank beat analysts' expectations by earning $1.65 billion in Q2
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- May 27, 2021 May 27, 2021
- 11:19
Latest news in Industry News
Access to capital, low trust in banks cited as barriers to Black entrepreneurs
Only one in three Black entrepreneurs said they have access to advisors they can trust
- By: IE staff, with files from Canadian Press
- May 26, 2021 May 26, 2021
- 16:00
BoC digital currency would be greener than Bitcoin, deputy says
However, the central bank doesn't yet see a need to offer its own digital currency
- By: Jordan Press, The Canadian Press
- May 26, 2021 May 26, 2021
- 15:46
New stress test may moderate housing market: BMO
The rule changes, effective June 1, could push buyers to seek more affordable homes
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- May 26, 2021 May 26, 2021
- 11:19
CIBC to introduce fixed administration fees for certain investment funds
The asset manager said a fixed fee will offer “greater predictability and transparency”
- By: IE Staff
- May 25, 2021 May 25, 2021
- 14:37
U.S. proposes tax of at least 15% on global corporate profits
The proposed 15% is a floor, with further discussions encouraged to push the rate higher
- By: The Associated Press
- May 21, 2021 May 21, 2021
- 13:32
Environmentalists press Bank of Canada to be more active on climate change
The bank is working on issuing a federal green bond proposed in last month's federal budget
- By: Jordan Press, The Canadian Press
- May 21, 2021 May 21, 2021
- 12:26
U.S. businesses may have to report crypto assets to IRS
The Treasury Department issued a report Thursday that outlines proposals for new measures
- By: The Associated Press
- May 21, 2021 May 21, 2021
- 10:13
CPPIB reports record return for latest fiscal year
The investment manager's assets neared half a trillion dollars at the end of its 2021 fiscal year
- By: David Paddon, The Canadian Press
- May 20, 2021 May 20, 2021
- 10:09
CFA Institute adjusts focus in draft ESG disclosure standards
The draft released Wednesday differs from the architecture set out in the initial consultation paper
- By: Mark Burgess
- May 19, 2021 May 19, 2021
- 15:20
Merger of B.C. financial services, real estate regulators nears completion
The BCFSA will have a new structure and executive members
- By: IE Staff
- May 19, 2021 May 19, 2021
- 14:37
Virtual meetings to continue post-pandemic in B.C.
After Covid-19, companies in B.C. will have the option to continue to hold meetings online
- By: James Langton
- May 18, 2021 May 18, 2021
- 15:10
JPMorgan elevates two women to run bank’s biggest division
The appointments suggest CEO Jamie Dimon could choose a woman to lead the company after he retires
- By: Ken Sweet
- May 18, 2021 May 18, 2021
- 12:04
Fidelity launches saving, investing account for U.S. teenagers
The accounts will allow teens aged 13–17 to trade stocks and funds
- By: The Associated Press
- May 18, 2021 May 18, 2021
- 10:12
Manulife names global head of growing private markets business
Christoph Schumacher will take on the new role in Boston
- By: IE Staff
- May 17, 2021 May 17, 2021
- 11:11
Desjardins posted big gains in Q1
The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions
- By: IE Staff
- May 13, 2021 May 13, 2021
- 15:35
Brookfield AM reports rise in net income in Q1
Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high
- By: The Canadian Press
- May 13, 2021 May 13, 2021
- 15:03
Net redemptions slow as CI reports Q1 profit
The firm's assets under management continued to grow in the first quarter
- By: Mark Burgess
- May 13, 2021 May 14, 2021
- 11:56
Feds launch council on sustainable finance
Enhancing climate-related financial disclosures will be an early focus
- By: IE Staff
- May 12, 2021 May 12, 2021
- 14:44
FSRA updates title reg proposal
The Ontario regulator proposed a central registry of title users and shorter transition periods
- By: Michelle Schriver
- May 12, 2021 May 12, 2021
- 12:46
Sterling Mutuals adds ETFs to product shelf
As ETF assets in the MFDA channel continue to grow, more firms are hopping on board
- By: Katie Keir
- May 11, 2021 May 11, 2021
- 13:00
Deadline extended again for ETF tax proposal
Revised allocation to redeemers legislation appears in the 2021 budget implementation bill
- By: Melissa Shin
- May 11, 2021 May 11, 2021
- 12:48
There’s $149 million in B.C.’s lost and found
A non-profit agency has reported a surge in people seeking unclaimed assets
- By: James Langton
- May 10, 2021 May 10, 2021
- 17:42
Cidel Asset Management to acquire fixed income manager
Lorica Investment Counsel is a specialty bond manager focused on the Canadian market
- By: IE Staff
- May 10, 2021 May 10, 2021
- 15:27
RF Capital reports net loss, record AUA in first full quarter after consolidation
The firm will unveil a new growth strategy later this month
- By: IE staff, with files from Canadian Press
- May 10, 2021 May 10, 2021
- 14:48