CPP Investments main fund recovers from slump in late March
CPPIB's main fund achieved a 5.6% net return for the quarter ended June 30
- By: The Canadian Press
- August 14, 2020 August 14, 2020
- 10:27
Latest news in Industry News
BoC cuts benchmark mortgage rate to lowest level in three years
This announcement marks the second rate cut in three months
- By: The Canadian Press
- August 13, 2020 August 13, 2020
- 12:48
GMP finalizes deal to acquire Richardson GMP
Deal values business at $420 million, a drop of 16%
- By: Rudy Mezzetta
- August 13, 2020 August 13, 2020
- 12:30
Brookfield Asset Management reports Q2 loss as real estate portfolio revalued
Some of the asset manager's businesses were affected by the economic shutdown
- By: The Canadian Press
- August 13, 2020 August 13, 2020
- 10:06
Ontario budget deficit projected to jump to $38.5 billion in 2020-2021
The PC government said its Covid-19 relief spending will total $30 billion by the close of the fiscal year
- By: Shawn Jeffords
- August 12, 2020 August 12, 2020
- 13:36
CRA launches updated CEWS calculator ahead of applications opening Monday
The eligibility criteria for the program have been expanded
- By: The Canadian Press
- August 11, 2020 August 11, 2020
- 15:33
FP Canada touts “monumental year” in annual report
Report highlights record number of exam candidates in the past fiscal year
- By: Katie Keir
- August 11, 2020 December 15, 2020
- 15:07
Carney advising Liberals on Covid recovery: reports
Speculation about Carney's interest in politics has followed him since his time as Canada's top banker
- By: Mark Burgess
- August 10, 2020 August 10, 2020
- 16:30
Canadian Chamber of Commerce launches tax system review
Panel of eight business, tax and economic experts to lead consultations
- By: Rudy Mezzetta
- August 7, 2020 August 7, 2020
- 11:47
Updated: Credentialing bodies move exams online
FP Canada and CFA Institute have announced changes
- By: IE Staff
- August 7, 2020 August 11, 2020
- 11:24
US adds 1.8 million jobs in a sign that hiring has slowed
Unemployment rate fell to 10.2% in July
- By: Christopher Rugaber, The Associated Press, The Associated Press
- August 7, 2020 August 7, 2020
- 11:11
Pandemic hampered Q2 earnings: Sun Life CEO
Sun Life's net income missed analysts' expectations for Q2
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- August 7, 2020 August 7, 2020
- 10:54
IGM Financial’s Q2 earnings dip, but investment returns strong
The Winnipeg-based firm reported net earnings of $183.5 million, down from $185.1 million a year ago
- By: IE Staff
- August 6, 2020 August 6, 2020
- 13:15
Net income stable for CI in Q2
Redemptions were down in a quarter that saw CI acquire ownership stakes in two U.S. RIAs
- By: IE Staff, Rudy Mezzetta
- August 6, 2020 January 17, 2023
- 12:27
Canaccord’s investment banking revenue surges in Q1 2021
The firm reported a 30% year-over-year increase in investment banking revenue
- By: IE Staff
- August 6, 2020 August 6, 2020
- 11:21
Manulife Financial’s net income halved due to pandemic
Net income was $727 million for the period ended June 30, down from $1.47 billion a year ago
- By: The Canadian Press
- August 6, 2020 August 6, 2020
- 10:38
Queen’s business school offers new fintech degree
The one-year master's program is aimed at working professionals
- By: James Langton
- August 5, 2020 August 5, 2020
- 15:51
GWL sells subsidiary to Mackenzie, beats Q2 earnings expectations
The sale of GLC Asset Management is for $175 million in cash
- By: The Canadian Press, Michelle Schriver
- August 5, 2020 August 5, 2020
- 14:42
Workers in finance and insurance continue to struggle with mental health
Morneau Shepell's mental health index score for July remains low
- By: IE Staff
- August 5, 2020 August 5, 2020
- 13:29
CI acquires majority stake in Aligned Capital
Firm has $10 billion in assets, over 200 advisors
- By: Rudy Mezzetta
- August 5, 2020 August 5, 2020
- 09:33
Court decision creates uncertainty over beneficiary designations
Father’s RRIF found to belong to estate rather than son named on plan
- By: Rudy Mezzetta
- August 4, 2020 August 4, 2020
- 15:30
Profit down 95% for HSBC Bank Canada in Q2
CEO says results are “not what we are accustomed to delivering”
- By: IE Staff
- August 4, 2020 August 4, 2020
- 11:29
CI Financial to acquire BDF
The U.S.-based firm has US$4.5 billion in AUM
- By: IE Staff
- August 4, 2020 August 4, 2020
- 10:25
Feds to create EI for gig workers, extend rent relief for biz
EI-like benefit scant on details but comes as the CERB program winds down
- By: The Canadian Press
- July 31, 2020 July 31, 2020
- 12:45
Canadian angel investing set a 10-year record
In 2019, angel investors put up $163.9 million across 299 investments
- By: IE Staff
- July 31, 2020 July 31, 2020
- 12:37