RBC reports $3.2B profit in Q3, beats expectations
The fall season will be a "challenging" time for the economy, the CEO says
- By: The Canadian Press
- August 26, 2020 August 26, 2020
- 11:45
Latest news in Industry News
Pandemic widens gap between perceived, measured inflation, Schembri says
People are spending less on cheaper gasoline, more on pricier food
- By: Jordan Press, The Canadian Press
- August 25, 2020 August 25, 2020
- 16:39
Insurers issue debt and preferred shares in record numbers: DBRS
The companies have capitalized on tighter corporate spreads and strong financials
- By: IE Staff
- August 25, 2020 August 25, 2020
- 14:19
U.S. bank profits slump 70% as virus rakes businesses, households
Most of the decline is tied directly to the pandemic
- By: Ken Sweet, The Associated Press
- August 25, 2020 August 25, 2020
- 12:28
Ontario’s credit rating remains stable despite Covid-19 pandemic: FAO
But positive ratings are contingent on the province’s post-pandemic plan
- By: The Canadian Press
- August 25, 2020 August 25, 2020
- 10:31
BMO Financial Group reports $1.23B Q3 profit, tops analysts’ expectations
Net income for the bank’s wealth management business increased 37% year over year
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- August 25, 2020 August 25, 2020
- 10:24
Scotiabank reports $1.3B Q3 profit, provisions for credit losses climb
Strong results in global banking, wealth management offset hit to retail banking
- By: The Canadian Press
- August 25, 2020 August 25, 2020
- 10:15
Bank of Canada looks for broader input in updating inflation target framework
Spending patterns have changed dramatically during the pandemic
- By: The Canadian Press
- August 24, 2020 August 24, 2020
- 14:58
Bank earnings preview: Focus remains on bad loan provisions in Q3
Analysts remain cautious, but there may be room for positive surprises
- By: Tara Deschamps, The Canadian Press
- August 24, 2020 August 24, 2020
- 10:15
TD reaches U.S. settlement over alleged overdraft practices
The bank reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau
- By: The Canadian Press
- August 21, 2020 August 21, 2020
- 14:01
MFDA permanently bans rep who borrowed from client
The former advisor claimed the $16,000 he received from the client was a gift
- By: IE Staff
- August 20, 2020 August 20, 2020
- 16:01
A guide to the new EI and the government’s three new benefits for workers
An overview of how the new programs will work
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- August 20, 2020 August 20, 2020
- 15:47
Liberals to replace CERB with new benefit, introduce simplified EI program
The government has announced CERB will be extended four more weeks
- By: The Canadian Press
- August 20, 2020 August 20, 2020
- 14:58
Scotiabank to pay US$127.4M to settle spoofing and manipulation case
Between 2008 and 2016, the bank's traders manipulated prices, the CFTC says
- By: The Canadian Press
- August 19, 2020 August 19, 2020
- 14:49
CFA Institute proposes standards for ESG disclosure
The proposal aims to help investors examine products' objectives
- By: Mark Burgess
- August 19, 2020 August 19, 2020
- 14:29
Calmer oil markets a boon to Horizons leveraged ETFs
The underlying index of two leveraged crude oil ETFs will remain exposed to the November futures contract
- By: IE Staff
- August 19, 2020 September 1, 2020
- 13:20
Where is tax and fiscal policy headed under Freeland?
Industry experts weigh in on the federal government's new finance minister
- By: Rudy Mezzetta
- August 18, 2020 August 18, 2020
- 18:37
Fiera explains error in reported NAV of two funds
The firm said it has taken steps to correct the problem
- By: IE Staff
- August 18, 2020 August 18, 2020
- 11:39
IIROC launches consultation on competency requirements for reps
Comments on proposed requirements for registered representatives and investment representatives are due in November
- By: IE Staff
- August 18, 2020 August 18, 2020
- 11:22
Guardian Capital acquires majority stake in U.S. asset manager, launches ETF suite
Five new actively managed ETFs are available in hedged and unhedged units
- By: IE Staff
- August 17, 2020 August 17, 2020
- 12:28
TMX Group names John McKenzie as new chief executive
Former CEO Lou Eccleston stepped down in January
- By: The Canadian Press
- August 17, 2020 August 17, 2020
- 10:18
Canada Revenue Agency suspends online services after cyberattacks
The agency expects online services will be back Wednesday
- By: Jim Bronskill, The Canadian Press, The Canadian Press
- August 17, 2020 August 17, 2020
- 10:07
IIAC calls for EI reform, retraining
Trade group lays out priorities for next federal budget
- By: James Langton
- August 14, 2020 August 14, 2020
- 16:40
Fiera records net loss in Q2
The firm’s AUM was up 14% year over year
- By: IE Staff
- August 14, 2020 August 14, 2020
- 12:38
Hearsay Systems and Salesforce cement partnership
Salesforce Ventures has taken a minority stake in Hearsay
- By: Fiona Collie
- August 14, 2020 August 14, 2020
- 10:50