Fed expands Municipal Liquidity Facility
Population thresholds have been eased
- By: The Associated Press
- June 3, 2020 June 3, 2020
- 14:42
Latest news in Industry News
Sustainalytics launches service to assess ‘transition bonds’
The new offering is aimed at issuers with high carbon emissions
- By: IE Staff
- June 3, 2020 June 3, 2020
- 13:28
Canaccord reports ‘solid’ Q4 and fiscal 2020 results
Diluted earnings per share were up slightly year-over-year
- By: IE Staff
- June 3, 2020 June 3, 2020
- 11:22
Bank of Canada keeps key interest rate at 0.25%
The central bank expects the economy to resume growth in Q3
- By: The Canadian Press
- June 3, 2020 June 3, 2020
- 11:10
Inverse ETF class action revived on appeal
An appeal court has found that a proposed case against a fund manager may be able to proceed
- By: James Langton
- June 2, 2020 June 2, 2020
- 13:12
Ontario makes temporary change to layoff regulations to help businesses
Businesses can avoid permanent layoffs and severance payments
- By: Shawn Jeffords
- June 1, 2020 June 1, 2020
- 15:50
Financial industry not immune to mental health challenges, survey finds
Finance and insurance workers scored lower than the overall index
- By: Michelle Schriver
- June 1, 2020 June 1, 2020
- 15:29
B.C. launches virtual pre-budget consultations
Government unveils online consultation process amid Covid-19
- By: James Langton
- June 1, 2020 June 1, 2020
- 14:56
AGF strikes revised deal for U.K. venture
Firm restructures deal that ran into regulatory snags and Covid-19 effects
- By: James Langton
- June 1, 2020 June 1, 2020
- 14:00
Federal DB plans get break on solvency catch-up requirements
Finance provides a moratorium on solvency payments for 2020
- By: James Langton
- May 29, 2020 May 29, 2020
- 16:38
Major upcoming challenge for Federal Reserve
Fed Chair Jerome Powell discussed new Main Street Lending program on Friday
- By: Christopher Rugaber, The Associated Press, The Associated Press
- May 29, 2020 May 29, 2020
- 13:47
CWB Financial reports Q2 profit down as provisions for credit losses soar
ATB Financial was also hit by higher loan loss provisions
- By: IE staff, with files from Canadian Press
- May 29, 2020 May 29, 2020
- 11:38
Laurentian Bank’s Q2 profit fell nearly 80%
The company also cut its dividend to gain more flexibility for the business
- By: The Canadian Press
- May 29, 2020 May 29, 2020
- 11:18
Toronto stock market dips on weakness in the energy and financials sectors
The TSX was down just over 9 points on Thursday
- By: The Canadian Press
- May 28, 2020 May 28, 2020
- 16:32
TSX looks to trade sustainable bonds alongside stocks
Exchange plans to offer trading on its equities platform in Q4
- By: James Langton
- May 28, 2020 May 28, 2020
- 13:55
OBSI creates consumer interest post on board
The organization is looking for a new consumer interest director
- By: Rudy Mezzetta
- May 28, 2020 May 28, 2020
- 13:08
TD Bank reports $1.5B Q2 profit as provisions for credit losses top $3B
Chief executive says the bank entered the crisis from a position of strength
- By: The Canadian Press
- May 28, 2020 May 28, 2020
- 10:24
Near-term headwinds weighed heavily on CIBC’s Q2 profits
The bank earned $392 million, down from $1.35 billion a year ago
- By: The Canadian Press
- May 28, 2020 May 28, 2020
- 10:06
Covid-19 aid programs will have to end, others to be modified, Trudeau says
CERB has already paid out more than $41 billion, surpassing its $35-billion budget
- By: Jordan Press, The Canadian Press
- May 27, 2020 May 27, 2020
- 16:21
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
The more pessimistic scenario could see deferred mortgages turning into foreclosures
- By: Ian Bickis
- May 27, 2020 May 27, 2020
- 15:18
OSC provides update on burden reduction efforts
Investor advocates have voiced concerns about the OSC’s focus
- By: Greg Dalgetty
- May 27, 2020 May 27, 2020
- 12:54
Covid-19 rent aid for businesses, landlords to cost $520 million, PBO says
The estimate is uncertain, due to the lack of precedent for this kind of program
- By: The Canadian Press
- May 27, 2020 May 27, 2020
- 10:35
Royal Bank Q2 profit falls 54% as it increases provisions for bad loans
Loan loss provisions increased by $2.4 billion
- By: The Canadian Press
- May 27, 2020 May 27, 2020
- 10:21
BMO reports Q2 profit down from year ago as provisions for credit losses rise
The bank’s loan loss provisions totalled $1.11 billion for the quarter
- By: The Canadian Press
- May 27, 2020 May 27, 2020
- 10:06
National Bank reports Q2 net income of $379 million, beats analyst expectations
The bank set aside $504 million in loan loss provisions
- By: The Canadian Press
- May 26, 2020 May 26, 2020
- 17:11