Impact of Covid-19 will be more profound than 9/11 attacks: CIBC’s Dodig
"Everyone will come out of this feeling a little less wealthy," Dodig says
- By: Ross Marowits
- April 8, 2020 April 8, 2020
- 11:38
Latest news in Industry News
Insurers adapt underwriting, digital channels in pandemic response
Covid-19 has delayed medical appointments for coverage
- By: Michelle Schriver
- April 7, 2020 April 7, 2020
- 13:52
IIAC seeks fee hike deferrals
The trade group warns that small dealers may be in peril from the pandemic
- By: James Langton
- April 7, 2020 April 7, 2020
- 12:57
Changes to emergency relief program coming to expand eligibility, Trudeau says
A Bank of Canada survey found workers were optimistic about their prospects before Covid-19 struck
- By: Jordan Press, The Canadian Press
- April 6, 2020 April 6, 2020
- 14:05
RBC GAM reports drop in mutual fund AUM in March
Mutual fund redemptions totalled $2.8 billion
- By: Maddie Johnson
- April 6, 2020 April 6, 2020
- 12:07
Some banks offer reduced credit card interest rate for clients affected by virus
Canada's biggest banks have also lowered their prime lending rates for Canadians struggling due to Covid-19
- By: The Canadian Press
- April 6, 2020 April 6, 2020
- 11:23
BMO defies market turmoil, closes M&A deal
Deal for U.S.-based electronic trading firm closes despite disruption
- By: James Langton
- April 6, 2020 April 6, 2020
- 11:11
Updated: U.S. taxpayer clients should request a filing extension with the IRS
Extension provides flexibility for filing other U.S. tax information forms
- By: Rudy Mezzetta
- April 6, 2020 April 13, 2020
- 09:20
CEO out, new board chair in as Liberals shake up infrastructure bank leadership
Michael Sabia is the agency's new chair
- By: The Canadian Press
- April 3, 2020 April 3, 2020
- 16:03
Trading surges amid extreme volatility
TMX reports monthly transactions double in March
- By: James Langton
- April 3, 2020 April 3, 2020
- 11:48
Fund industry weathers stock market storm
Reports on sales and assets offer initial glimpse of industry impact
- By: James Langton
- April 3, 2020 April 3, 2020
- 11:24
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
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