CI reports record earnings per share in Q4
A reduction in expenses and an improvement in retail sales helped offset another quarter of net redemptions
- By: Greg Dalgetty
- February 14, 2020 February 14, 2020
- 13:17
Latest news in Industry News
TD Waterhouse wins margin account dispute
A court has ruled the discount broker had an “ironclad” reason to sell out a client’s margin accounts
- By: James Langton
- February 14, 2020 February 14, 2020
- 12:20
U.S. retail sales up a modest 0.3% in January
The advance followed a 0.2% rise in sales in December
- By: Martin Crutsinger, The Associated Press
- February 14, 2020 February 14, 2020
- 11:33
CPP Investment Board posts 3.6% rate of return for its third quarter
Net assets grew to $420.4 billion in December
- By: The Canadian Press
- February 14, 2020 February 14, 2020
- 11:18
“Self-feeding” cycle of low interest rates poses challenges for investors
But Robin Marshall of FTSE Russell says recession risk remains low in the near term
- By: Mark Burgess
- February 13, 2020 February 13, 2020
- 13:06
Sun Life fourth quarter profits surge 24% to $719 million
Net income was up 3.8% for the full year
- By: The Canadian Press
- February 13, 2020 February 13, 2020
- 10:23
Manulife boosting dividend 12% on higher profits in Q4 and full year
For the full year, the insurer’s net earnings grew 16.7%
- By: The Canadian Press
- February 13, 2020 February 13, 2020
- 10:15
Trump Fed nominee Shelton promises “intellectual diversity”
Judy Shelton has been a skeptic of the need for the Fed’s independence
- By: Christopher Rugaber, The Associated Press, The Associated Press
- February 13, 2020 February 13, 2020
- 10:04
Lonely hearts lose millions to romance scams: RCMP
Fraudsters use fake online profiles and dating apps to lure victims
- By: James Langton
- February 12, 2020 February 12, 2020
- 14:03
As tax season begins, CRA offers reminders for students
There are more potential benefits available than the tuition tax credit
- By: IE Staff
- February 12, 2020 February 12, 2020
- 13:53
Powell hears bipartisan Senate support for Fed independence
Trump has called Fed officials “boneheads” for not continuing to cut rates
- By: Christopher Rugaber, The Associated Press, The Associated Press
- February 12, 2020 February 12, 2020
- 12:40
Powell: Economy looks resilient despite risk of China virus
The Fed is content where interest rates are
- By: Martin Crutsinger, The Associated Press
- February 11, 2020 February 11, 2020
- 11:04
Tax scammer gets jail time for filing fraudulent returns
An Ontario tax preparer claimed phoney charitable donations and business losses for his clients
- February 10, 2020 February 10, 2020
- 12:55
U.S. economy adds a strong 225K jobs; unemployment up to 3.6%
Last month, 61.2% of American adults had jobs
- By: Christopher Rugaber, The Associated Press, The Associated Press
- February 7, 2020 February 7, 2020
- 11:45
Net income, revenue down for Canaccord in Q3
Revenue in global wealth management operations was up 10.7%
- By: IE Staff
- February 6, 2020 February 6, 2020
- 13:07
TSX launches discussion on day-end trading
A roundtable will examine the exchange's market-on-close facility
- By: James Langton
- February 6, 2020 February 6, 2020
- 12:48
CI partners with DoubleLine
The U.S.-based investment firm will subadvise CI’s new fixed income funds
- By: IE Staff
- February 6, 2020 February 6, 2020
- 12:12
ICE accelerates move into digital assets
Deal for loyalty firm comes after bid for eBay fails
- By: James Langton
- February 5, 2020 February 5, 2020
- 15:57
CFIB calls for change to lifetime capital gains exemption
The association says business owners should be able to sell to family members without losing the exemption
- By: Maddie Johnson
- February 5, 2020 February 5, 2020
- 11:38
CLHIA recommends TFSAs be allowed to hold life annuities
The insurance industry group has recommended changes for the federal budget
- By: Rudy Mezzetta
- February 4, 2020 February 4, 2020
- 17:32
TD Bank cuts posted mortgage rate used in stress test as bond yields dip
The bank cut its five-year posted rate for fixed-rate mortgages from 5.34% to 4.99%
- By: Ian Bickis
- February 4, 2020 February 4, 2020
- 14:56
Most Canadian households will get more than they pay from carbon tax: PBO
Ninety per cent of revenues collected from the carbon tax will be returned to individual households
- By: The Canadian Press
- February 4, 2020 February 4, 2020
- 11:09
Canada could soon see a new structure for tax-advantaged investing
Direct indexing allows investors to hold all or some of the securities in an index through a separately managed account
- By: Melissa Shin
- February 3, 2020 February 3, 2020
- 13:26
Finance consults again on open banking
The second stage of consultation will target data security
- By: James Langton
- January 31, 2020 January 31, 2020
- 15:35