U.S. consumer spending rose 5.6% in June
Americans who have applied for unemployment has topped 1 million for 19 straight weeks
- By: Martin Crutsinger, The Associated Press
- July 31, 2020 July 31, 2020
- 11:23
Latest news in Industry News
GMP Capital reports Q2 loss
Richardson GMP reports $28.3 billion in AUA
- By: Fiona Collie
- July 31, 2020 July 31, 2020
- 10:52
CI Financial adds to its U.S. wealth business
RIA with US$440 million in AUM acquired via CI subsidiary OCM Capital
- By: Rudy Mezzetta
- July 31, 2020 December 15, 2020
- 10:32
Canada Emergency Response Benefit could result in taxes owing
Tax experts offer CERB tips
- By: Christopher Reynolds, The Canadian Press, The Canadian Press
- July 30, 2020 July 30, 2020
- 16:10
TD and RBC extend work from home policy for most staff until 2021
Scotiabank has also announced plans to keep workforce at home
- By: The Canadian Press
- July 30, 2020 July 30, 2020
- 14:20
IA Financial’s profits rebound in Q2
Sales of individual insurance and guaranteed products were up
- By: Mark Burgess
- July 30, 2020 July 30, 2020
- 13:03
Empire Life posts mixed Q2 results
The insurer reported common shareholders' net income of $48 million in Q2
- By: IE Staff
- July 30, 2020 July 30, 2020
- 12:27
Most clients should wait to claim CPP payments: report
A report from the Canadian Institute of Actuaries looks at claiming CPP at age 70 vs age 65
- By: Michelle Schriver
- July 29, 2020 July 29, 2020
- 15:05
Agora partners with Pascal Financial
With the deal, Agora aims to strengthen its cloud-based wealth management platform
- By: IE Staff
- July 29, 2020 July 29, 2020
- 12:14
Returns for DB pension plans surged in Q2
Market gains were driven by feds' economic intervention, says RBC report
- By: Rudy Mezzetta
- July 29, 2020 July 29, 2020
- 11:53
Clients hope to maintain new communication methods post-pandemic, finds survey
Advisors may also want to consider leveraging social media
- By: IE Staff
- July 29, 2020 July 29, 2020
- 11:44
Sun Life becomes minority owner of Montreal-based telemedicine biz
Dialogue Technologies Inc. provides virtual healthcare
- By: IE staff, with files from Canadian Press
- July 29, 2020 July 29, 2020
- 11:13
Federal Reserve extends lending programs through year-end
The announcement comes as the U.S. struggles to control the coronavirus
- By: Christopher Rugaber, The Associated Press, The Associated Press
- July 28, 2020 July 28, 2020
- 11:30
Deutsche Bank says it won’t back new oilsands or coal projects
The moves are part of a commitment to align credit portfolios with the Paris Agreement
- By: The Canadian Press
- July 27, 2020 July 27, 2020
- 15:30
CRA extends tax payment deadline to Sept. 30
The tax relief is for Canadians struggling with financial issues due to Covid-19
- By: Rudy Mezzetta
- July 27, 2020 July 27, 2020
- 14:10
Goldman Sachs and Malaysia reach US$3.9B settlement over 1MDB
Criminal charges against the bank have been dropped in the deal
- By: The Associated Press
- July 24, 2020 July 24, 2020
- 15:34
Firms push new tech as advisors build post-pandemic businesses
Covid-19 has accelerated changes that were already underway, advisors said
- By: Michelle Schriver
- July 24, 2020 July 24, 2020
- 13:31
RBC powers up its AI with new partnerships
The bank has partnered with tech companies Red Hat and NVIDIA
- By: Fiona Collie
- July 24, 2020 July 24, 2020
- 11:45
TMX seeks to overhaul trading at the close
Proposed reforms to improve trading, liquidity in critical final minutes
- By: James Langton
- July 23, 2020 July 23, 2020
- 13:45
CPP Investment Board updates sustainability policy
The Canada Pension Plan's board last updated its ESG views a decade ago
- By: Katie Keir
- July 23, 2020 July 27, 2020
- 12:13
Some older personal finance rules may no longer apply, experts say
Should you always save 10% of your income? Maybe not.
- By: Aleksandra Sagan, The Canadian Press
- July 23, 2020 July 23, 2020
- 11:51
Mercer Canada appoints wealth business leader
Teresa Palandra will be responsible for wealth management, retirement services
- By: IE Staff
- July 22, 2020 July 22, 2020
- 12:15
With genetic non-discrimination upheld, life agents must consider what they ask clients
The Supreme Court ruling means it's time to revisit your client conversations
- July 22, 2020 July 22, 2020
- 11:46
Sun Life launches app for advisors
The tool speeds up the insurance application process by a full week
- By: IE Staff
- July 21, 2020 July 21, 2020
- 10:36
Stimulus package breaks new ground in European unity
Economists say the stimulus figure is weighty enough to impress international investors
- By: David McHugh
- July 21, 2020 July 21, 2020
- 10:25