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
Latest news in Industry News
CI acquires stake in another U.S. RIA, launches new private pools
The firm has now acquired an interest in four RIAs with total assets of US$6.6 billion
- By: IE Staff
- May 26, 2020 May 26, 2020
- 12:56
Scotiabank Q2 profit down from year ago as provisions for credit losses soar
Demand for deferrals in Canada peaked in the first week of April
- By: The Canadian Press
- May 26, 2020 May 26, 2020
- 10:16
AMF unit seeks research on pandemic’s effect on fintech
Grants available for both research projects and "knowledge transfer" projects, such as webinars
- By: James Langton
- May 25, 2020 May 25, 2020
- 16:37
BMO to axe DSC funds in November
The low-load DSC option will be removed from BMO’s mutual fund lineup
- By: IE Staff
- May 25, 2020 May 25, 2020
- 15:11
Companies removed from S&P Dow Jones Canadian dividend index
Covid-19 has prompted companies to slash dividends
- By: Mark Burgess
- May 25, 2020 May 25, 2020
- 11:25
Five things to watch for in the Canadian business world this week
Bank earnings and GDP numbers headline a busy week
- By: The Canadian Press
- May 25, 2020 May 25, 2020
- 10:26
Could government relief efforts signal future policy priorities?
The Liberals’ LEEFF program may provide insight into post-pandemic initiatives
- By: Greg Dalgetty
- May 22, 2020 May 22, 2020
- 16:08
CI takes full control of WealthBar, plans launch of CI Direct Investing
The new “hybrid” platform will offer DIY investing, wealth management and financial planning services
- By: Rudy Mezzetta
- May 21, 2020 May 21, 2020
- 10:26
Trudeau asks commercial landlords to give tenants help through new program
Applications open Monday but business groups have warned that landlords may not take part
- By: The Canadian Press
- May 20, 2020 May 20, 2020
- 12:35
First quarter earnings: A sector by sector look at the effects of Covid-19
Landlords, railways and insurers have all been affected
- By: The Canadian Press
- May 20, 2020 May 20, 2020
- 12:21
Morgan Stanley to launch Canadian wealth-management business
Canaccord Genuity has been selected as Morgan Stanley’s platform provider
- By: IE Staff
- May 20, 2020 May 21, 2020
- 11:40
Annual inflation rate turned negative in April, Statistics Canada reports
The drop in the annual rate was the first year-over-year decline since September 2009
- By: The Canadian Press
- May 20, 2020 May 20, 2020
- 11:27
Feds to seek equity or cash from companies applying for new Covid-19 loan program
The terms are designed to make sure companies using the program receive bridge loans, not bailouts
- By: The Canadian Press
- May 20, 2020 May 20, 2020
- 11:10
Feds expand eligibility for CEBA loans
The government also hinted that more help for business owners may be on the way
- By: Greg Dalgetty
- May 19, 2020 May 26, 2020
- 14:56
Raymond James names new i-banking head
Dion Degrand specializes in supporting energy firms
- By: IE Staff
- May 19, 2020 May 19, 2020
- 13:07
CI launches new liquid alt fund
The CI Marret Alternative Enhanced Yield Fund is available in ETF and mutual fund versions
- By: IE Staff
- May 19, 2020 May 19, 2020
- 13:01
CBOE expands into Canada with ATS acquisition
Chicago firm buys dark pool MATCHNow from Virtu Financial
- By: James Langton
- May 19, 2020 May 19, 2020
- 11:11
Fiera reports increase in net earnings for Q1
Firm's AUM dropped 6.8% from the previous quarter
- By: Mark Burgess
- May 15, 2020 May 15, 2020
- 16:44
Federal Covid-19 wage subsidy to last through summer, Trudeau says
The subsidy, which was supposed to expire in June, will now run through to the end of August
- By: Jordan Press, The Canadian Press
- May 15, 2020 May 15, 2020
- 15:05
Boosting foreign direct investment could help rebuild economy: IIAC
The association has proposed an immigrant investor program to help the economy recover from Covid-19
- By: Katie Keir
- May 15, 2020 May 15, 2020
- 14:53
Onex Corp. reports Q1 loss of more than $1B
The Toronto-based investment management firm cites Covid-19 disruption
- By: The Canadian Press
- May 15, 2020 May 15, 2020
- 11:48
IIROC urges vigilance amid heightened cybersecurity threats
The self-regulatory organization is advising that firms take precautions
- By: IE Staff
- May 15, 2020 May 15, 2020
- 10:44
With CFL season in doubt, star linebacker focuses on financial advice
Adam Bighill has been building a book of business “from the ground up” at Wellington-Altus
- By: Greg Dalgetty
- May 14, 2020 May 14, 2020
- 15:41
Brookfield Asset Management reports Q1 loss, says ready to invest
The Covid-19 pandemic helped push the company into a first-quarter loss of US$157 million
- By: Ian Bickis
- May 14, 2020 May 14, 2020
- 15:15