Expect mortgage defaults to increase
A report predicts home prices will drop by 10–15% through 2022
- By: Mark Burgess
- May 6, 2020 May 6, 2020
- 13:48
Latest news in Industry News
New private lender launches amid economic uncertainty
Private Debt Partners plans to generate attractive yields by offering long-term loans to private companies
- By: Greg Dalgetty
- May 6, 2020 May 6, 2020
- 13:42
Sun Life’s first-quarter profit drops 37%
Market declines contributed to the plunge
- By: The Canadian Press
- May 6, 2020 May 6, 2020
- 11:44
CI Financial reports drop in net income
Firm has adapted to the pandemic, says CEO Kurt MacAlpine
- By: Mark Burgess
- May 6, 2020 May 6, 2020
- 11:32
U.S. to issue 20-year bond
The issuance is part of nearly US$3T in borrowing this quarter
- By: The Associated Press
- May 6, 2020 May 6, 2020
- 11:17
Purpose Advisor Solutions partners with Calgary family office
Firm is the latest to sign on with the digital operations platform
- By: IE Staff
- May 6, 2020 May 6, 2020
- 09:56
Investor-advocate firm slams OSC
Kenmar Associates says regulator put burden reduction ahead of investor protection
- By: Greg Dalgetty
- May 5, 2020 May 5, 2020
- 16:48
Gold ETFs surge in April
Some investors gravitating to the precious metal as a safe-haven asset, National Bank says
- By: IE Staff
- May 5, 2020 May 5, 2020
- 12:05
Franklin Templeton launches global bond fund
The fund invests directly in a popular ETF
- By: IE Staff
- May 4, 2020 May 4, 2020
- 13:45
Banks offer employers direct deposit of CEWS
Payments should start to appear in employers’ accounts as of May 7
- By: IE Staff
- May 4, 2020 May 4, 2020
- 11:15
Updated: FSRA offers guidance on unlocking LIRAs and LIFs during Covid-19
Ontarians may tap into pensions and locked-in accounts in several ways
- By: Rudy Mezzetta
- May 1, 2020 May 4, 2020
- 15:56
Outlook cautious despite positive market signs
Investors’ optimism has contrasted with economic uncertainty
- By: Michelle Schriver
- May 1, 2020 May 1, 2020
- 14:58
Leede Jones Gable launches capital markets business
Patrick McCarthy has been named managing director
- By: IE Staff
- May 1, 2020 May 1, 2020
- 12:35
Market volatility weighs on Empire Life’s Q1 earnings
The insurer reported a net loss of $32 million in the quarter
- By: IE Staff
- May 1, 2020 May 1, 2020
- 12:17
Assante offering free advice to those hit by crisis
Advisors will answer questions in one-on-one sessions
- By: IE Staff
- April 30, 2020 April 30, 2020
- 15:55
GMP reports tough Q1, but client assets resilient
Client assets down just 12% amid more severe drops in equity markets
- By: James Langton
- April 30, 2020 April 30, 2020
- 11:35
FP Canada, IQPF release 2020 Projection Assumption Guidelines
The guidelines were developed prior to the market volatility sparked by Covid-19
- By: IE Staff
- April 30, 2020 April 30, 2020
- 11:09
U.S. consumer spending plunges record 7.5%
Personal incomes also fell sharply last month
- By: Martin Crutsinger, The Associated Press
- April 30, 2020 April 30, 2020
- 10:32
Horizons shifts exposure in oil ETFs to September contracts
Volatility in oil markets has led the firm to suspend subscriptions
- By: Mark Burgess
- April 29, 2020 May 5, 2020
- 15:44
What will Covid-19 mean for commercial real estate?
Office space and retail will struggle, but warehouses will benefit, says CEO of Vision Capital
- By: Greg Dalgetty
- April 29, 2020 April 29, 2020
- 14:51
Co-operators reports first quarter loss
Results are attributed to poor market returns
- By: IE Staff
- April 29, 2020 April 29, 2020
- 14:48
New sales charge option available on Equitable Life seg funds
Chargeback option does not penalize clients for early withdrawals, but requires advisors to repay part of their commissions
- By: Michelle Schriver
- April 29, 2020 April 29, 2020
- 13:22
Court grants pandemic relief to debtors
An Ontario court eased consumer proposal obligations
- By: James Langton
- April 29, 2020 April 29, 2020
- 12:57
More than half of Canadian companies seeing sales drop at least 20%: StatsCan
Two thirds of businesses say they could return to normal less than one month after restrictions are removed
- By: The Canadian Press
- April 29, 2020 April 29, 2020
- 11:49
U.S. economy experienced sharpest drop since 2008 in first quarter
Some economists hold out hope for a quick and robust recovery once the health crisis is solved
- By: Martin Crutsinger, The Associated Press
- April 29, 2020 April 29, 2020
- 11:42