Court rules on CannTrust class action conflict
An Ontario court has found that excluding one of CannTrust's underwriters from the case could limit investors' recovery
- By: James Langton
- January 31, 2020 January 31, 2020
- 12:36
Latest news in Industry News
CIBC cutting undisclosed number of employees in coming months, CEO says in memo
Victor Dodig says the bank needs to further lower its efficiency ratio
- By: The Canadian Press
- January 31, 2020 January 31, 2020
- 11:15
CLHIA pushes for ban on speculative trading in life policies
Insurance industry calls on Quebec to combat abusive speculation in provincial budget recommendations
- By: James Langton
- January 31, 2020 January 31, 2020
- 11:13
Global trade disruptions give rise to opportunities in emerging markets
Investors may have “outdated perceptions” of what emerging markets have to offer, according to a portfolio manager with Franklin Templeton
- By: Rudy Mezzetta
- January 30, 2020 January 30, 2020
- 16:53
Manulife Canada CEO sees Apple and Netflix as competitors as insurance evolves
Michael Doughty discusses the process of “reinventing every interaction” with customers
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- January 30, 2020 January 30, 2020
- 15:32
Widow of former terrorist can’t collect insurance, court finds
Appeal court finds terrorist past should have been disclosed to insurer
- By: James Langton
- January 30, 2020 January 30, 2020
- 15:00
ETFs forcing advisors to focus on behavioural coaching
Plus, Inside ETF pundits pick their favourite funds from the last year
- By: Melissa Shin
- January 29, 2020 January 29, 2020
- 17:04
Quebec government selects new CEO of the Caisse, replacing Michael Sabia
Charles Émond moves up from his role as senior vice-president overseeing Quebec, private investments and strategic planning
- By: The Canadian Press
- January 29, 2020 January 29, 2020
- 15:02
Fed leaves key rate unchanged at low level amid global risks
The range of 1.5% to 1.75% is far below levels that have been typical during previous expansions
- By: Christopher Rugaber, The Associated Press
- January 29, 2020 January 29, 2020
- 14:25
November’s CFP exam saw record number of candidates
FP Canada also held the final sitting of the FPSC level 1 exam
- By: Maddie Johnson
- January 29, 2020 January 29, 2020
- 13:01
Elderly fraud victim suing bank
The woman claims the bank owes clients a duty to identify possible fraud
- By: James Langton
- January 29, 2020 January 29, 2020
- 12:58
Canadian companies feel impact of coronavirus as it strikes across sectors
Air Canada’s stock has fallen 12% in the past week
- By: Christopher Reynolds, The Canadian Press, The Canadian Press
- January 28, 2020 January 28, 2020
- 16:26
Insurer takes on pension plan’s longevity risk
The Co-operators has acquired $660 million in pension plan liabilities from CSS Pension Plan
- By: IE Staff
- January 28, 2020 January 28, 2020
- 13:00
Budget proposal aims to help low-income earners access advice
Prosper Canada says the federal budget offers a “golden moment” to help people with low and modest incomes
- By: Rudy Mezzetta
- January 27, 2020 January 27, 2020
- 16:56
Breaking down a record year for ETFs
ETF assets have grown by more than five times since the end of 2010, according to IFIC
- By: IE Staff
- January 24, 2020 January 24, 2020
- 13:02
Purpose Advisor Solutions acquires Wealthsimple advisor platform
J-F Courville and Dave Nugent will join the firm as managing partners
- By: Michelle Schriver
- January 23, 2020 January 23, 2020
- 15:21
Global group targets international tax evasion scheme
The Joint Chiefs of Global Tax Enforcement say they've uncovered "significant information" that will lead to criminal charges
- By: IE Staff
- January 23, 2020 January 23, 2020
- 12:11
Scotiabank chief economist doubtful on recession, expects interest rate cut
Jean Francois Perrault pegs the likelihood of a Canadian recession at 25%
- By: The Canadian Press
- January 22, 2020 January 22, 2020
- 15:28
Bank of Canada keeps key rate target on hold, trims growth expectations
The central bank forecasts 1.6% growth this year
- By: The Canadian Press
- January 22, 2020 January 22, 2020
- 10:59
BMO Financial to acquire fintech firm
Clearpool Group Inc. provides a cloud-based trade execution platform
- By: IE Staff
- January 22, 2020 January 22, 2020
- 10:50
MSCI to provide investor insight on private markets
The research giant takes a minority stake in a private asset specialist
- By: James Langton
- January 21, 2020 January 21, 2020
- 15:48
ETF sales ended 2019 on high note
IFIC reports that ETF sales were up in all asset classes tracked in December
- By: IE Staff
- January 21, 2020 January 21, 2020
- 14:55
Wealthsimple introduces new ‘saving and spending’ account
The no-fee account offers a 2.4% interest rate
- By: Maddie Johnson
- January 21, 2020 January 21, 2020
- 11:50
Prairies miss out on rising house prices
It was a seller's market in the rest of the country
- By: Maddie Johnson
- January 20, 2020 January 20, 2020
- 14:15
TSX expected to shatter records in 2020 after gaining 2.9% to start year
Markets are being propelled by stabilization in the global economy, says Manulife Investment Management
- By: Ross Marowits, The Canadian Press
- January 20, 2020 January 20, 2020
- 10:38