Mortgage deferrals at Canada’s big banks pile up, association says
Banks have fielded half a million requests for mortgage deferrals
- By: The Canadian Press
- April 3, 2020 April 3, 2020
- 10:34
Latest news in Industry News
Feds went with simple rules for benefits to speed up Covid-19 aid, Morneau says
Finance minister says the government can’t administer multiple programs while providing quick relief
- By: Jordan Press, The Canadian Press
- April 2, 2020 April 2, 2020
- 16:38
Tax tips for business owners navigating the pandemic
Tax experts offer planning strategies and analyze federal support options
- By: Michelle Schriver
- April 2, 2020 April 6, 2020
- 16:15
A record number of U.S. workers seek unemployment benefits
Economists estimate that 20 million Americans could lose their jobs by month's end
- By: The Associated Press
- April 2, 2020 April 2, 2020
- 11:49
Profit forecasts drop for Wall Street
Corporate earnings could see the biggest impact from the pandemic in Q2
- By: Damian J. Troise, The Associated Press
- April 2, 2020 April 2, 2020
- 11:30
Details released on federal wage subsidy program
To qualify, businesses will have to prove their monthly revenue has declined by 30% year over year
- By: IE Staff
- April 1, 2020 April 1, 2020
- 17:49
Unemployed during Covid-19? Here’s how to navigate federal programs
A primer on CERB, EI and the government’s 75% wage subsidy
- By: The Canadian Press
- April 1, 2020 April 2, 2020
- 15:59
Trudeau says Parliament needs to sit again for more Covid-19 relief
The legislation passed last week won’t allow for the Liberals’ promised 75% wage subsidy
- By: Jordan Press, Stephanie Levitz, The Canadian Press
- April 1, 2020 April 1, 2020
- 14:51
Want Investment Executive delivered to your home?
Address change would be temporary until quarantine efforts are lifted
- By: IE Staff
- April 1, 2020 November 10, 2023
- 10:21
Big banks use new funding facility
Nine banks accessing BoC's new liquidity option, CBA says
- By: James Langton
- March 31, 2020 March 31, 2020
- 15:47
RBC expects home sales to dive 30%, prices to decline because of outbreak
Low interest rates and a recovery could help sales to surge more than 40% in 2021
- By: The Canadian Press
- March 31, 2020 March 31, 2020
- 13:21
Pascal offers free tool for advisors working remotely
Wealthtech firm provides free subscriptions to Prevail by Pascal until July 1
- By: IE Staff
- March 31, 2020 March 31, 2020
- 13:09
Fed steps in once again to try to smooth out lending markets
The program will let central banks sell Treasurys to the Fed with an agreement to buy them back the next day
- By: Christopher Rugaber, The Associated Press
- March 31, 2020 March 31, 2020
- 10:42
Ontario court rules against CIBC in overtime class action lawsuit
Specific damages owing to employees in the class action have not yet been determined
- By: The Canadian Press
- March 30, 2020 March 30, 2020
- 14:03
Large business, non profits, charities eligible for wage subsidy, Trudeau says
The federal bailout package to date is now valued at more than $200 billion
- By: The Canadian Press
- March 30, 2020 March 30, 2020
- 13:54
New services assist small businesses, individuals in wake of Covid-19
Advocis and others are offering free advice
- By: Maddie Johnson
- March 30, 2020 March 30, 2020
- 12:36
A crisis guide to email auto-responses
Tips for crafting the right message
- By: Maddie Johnson
- March 30, 2020 March 30, 2020
- 12:10
Banks cut lending rates again
Banks followed the Bank of Canada, which cut its overnight rate again on Friday
- By: IE Staff
- March 30, 2020 March 30, 2020
- 11:38
OSFI relaxes capital, liquidity requirements
Regulator unveils measures to give banks, insurers and pensions operational flexibility
- By: James Langton
- March 27, 2020 March 27, 2020
- 16:57
Feds increase wage subsidy for small business
The measure jumps to 75% from 10%
- By: IE staff, with files from Canadian Press
- March 27, 2020 March 27, 2020
- 14:12
Sun Life CEO’s compensation drops slightly in 2019
The executive's total compensation was $9.6M
- By: Mark Burgess
- March 27, 2020 March 27, 2020
- 13:32
BoC cuts key interest rate to 0.25%
The unscheduled cut is the second this month
- By: IE staff, with files from Canadian Press
- March 27, 2020 March 27, 2020
- 12:13
Supreme Court of Canada rules derivatives contract a hedge in tax case
Former brokerage exec’s losses were on account of capital, not income
- By: Rudy Mezzetta
- March 26, 2020 April 24, 2020
- 17:20
Stop DSCs and relieve margin loans: FAIR Canada
The investor advocacy group urges the industry to act in clients' best interests during this time of financial hardship
- By: IE Staff
- March 26, 2020 March 26, 2020
- 14:57
CMHC expands insured mortgage purchase program
The move to bolster the financial system has been increased to $150B
- By: The Canadian Press
- March 26, 2020 March 26, 2020
- 12:59