Several banks match Bank of Canada with 50-basis-point cut to prime interest rate
The BoC cut came in response to the coronavirus
- By: The Canadian Press, IE Staff
- March 5, 2020 March 5, 2020
- 10:39
Latest news in Industry News
Insurer partners with “telemedicine” provider to offer virtual healthcare
Benefit will be offered to all Canada Life group plans that have up to 400 plan members
- By: Michelle Schriver
- March 5, 2020 March 5, 2020
- 05:30
Canadian ETFs rock records in February
In the first two months of the year, Canadian ETFs have attracted $12 billion
- By: Maddie Johnson
- March 4, 2020 March 4, 2020
- 13:57
Scotiabank CEO paid less in 2019 than 2018
Brian Porter’s total compensation was down 5%
- By: The Canadian Press, Greg Dalgetty
- March 4, 2020 March 4, 2020
- 13:56
Toronto home sales in February up 45.6% from year ago
The average price rose to $910,290
- By: The Canadian Press
- March 4, 2020 March 4, 2020
- 11:50
Ontario budget set for March 25
Government signals that deficit reduction will be the top priority
- By: James Langton
- March 4, 2020 March 4, 2020
- 10:44
When will value ETFs emerge from their prolonged slump?
An extended period of underperformance has plagued value strategies, which tend to do well in the early stages of a bull market
- By: Rudy Luukko
- March 3, 2020 March 2, 2020
- 16:00
CLHIA urges caution on title regulation
The association's budget submission also makes recommendations on annuities and taxes
- By: James Langton
- March 3, 2020 March 3, 2020
- 15:47
CWB buying T.E. Wealth and Leon Frazer from iA Financial
CWB will add approximately 140 employees and $6 billion in assets under management
- By: Maddie Johnson
- March 3, 2020 March 3, 2020
- 13:52
Running low on ammo, the Fed takes a surprise shot
The spread of the coronavirus prompted the Fed to cut rates in an emergency move
- By: Greg Dalgetty, Christopher Rugaber, The Associated Press, Martin Crutsinger, The Associated Press
- March 3, 2020 March 3, 2020
- 10:49
Morningstar acquires software provider PlanPlus Global
With the acquisition, the firm expands its financial-planning capabilities for advisors
- By: Maddie Johnson
- March 3, 2020 March 2, 2020
- 07:00
FP Canada names new heads of branding, education
Tom Hamza will lead the FP Canada Institute, and Hillary Dawson is chief brand officer
- By: IE Staff
- March 2, 2020 March 2, 2020
- 16:33
TD Bank Group chief executive’s total compensation down in 2019
Bharat Masrani’s total compensation was $12.6 million, down from $15.3 million in 2018
- By: The Canadian Press, IE Staff
- March 2, 2020 March 2, 2020
- 16:29
Which campaign promises will make it into the federal budget?
Associate Finance Minister Mona Fortier talks to Investment Executive about measures to boost the middle class
- By: Christopher Guly
- March 2, 2020 March 2, 2020
- 14:45
Investors prevail in $100-million BMO class action
Court finds registered account investors were charged undisclosed currency fees for 10 years
- By: James Langton
- March 2, 2020 March 2, 2020
- 11:53
Powell says Fed will “use our tools” to support economy
But it's unclear how a rate cut would counteract the effects of the coronavirus
- By: Christopher Rugaber, The Associated Press, The Associated Press
- February 28, 2020 February 28, 2020
- 16:07
Tax fraud lands scammer in slammer
A tax preparer used his inside knowledge of CRA operations to file fraudulent returns
- By: IE Staff
- February 28, 2020 February 28, 2020
- 14:49
Economic growth slowed to 0.3% in Q4: StatsCan
As a result, the central bank could cut its trendsetting rate next week
- By: The Canadian Press
- February 28, 2020 February 28, 2020
- 13:42
U.S. consumer spending slowed in January while incomes jumped
Incomes rose 0.6%, the biggest rise in nearly a year
- By: Christopher Rugaber, The Associated Press, The Associated Press
- February 28, 2020 February 28, 2020
- 13:07
Laurentian Bank reports Q1 profit down from year ago
Analysts had expected a higher adjusted profit per share
- By: The Canadian Press
- February 28, 2020 February 28, 2020
- 13:02
Richardson GMP changes name to Richardson Wealth
GMP Capital says it would consider acquisitions of "like-minded" IIROC-member businesses
- By: Mark Burgess
- February 28, 2020 February 28, 2020
- 12:44
TMX outage due to messaging volume
Trading halted early on Thursday due to a capacity issue
- By: James Langton
- February 28, 2020 February 28, 2020
- 12:22
TD Bank raises dividend, but Q1 profit falls short of expectations
The bank’s rivals all beat analysts’ estimates
- By: The Canadian Press
- February 27, 2020 February 27, 2020
- 14:57
Court finds Drabinsky tried to dodge debts
A ruling says the theatre producer transferred his house to his wife in 2015 to thwart creditors
- By: James Langton
- February 27, 2020 February 27, 2020
- 14:05
National Bank reports Q1 profit up from year ago, beats expectations
The bank’s wealth management division saw net income increase by 10% year over year
- By: The Canadian Press, IE Staff
- February 27, 2020 February 27, 2020
- 11:29