Power Corp. structure simplified on co-CEO retirements
Ratings agency DBRS says the news is "favourable"
- By: IE staff, with files from Canadian Press
- December 13, 2019 December 13, 2019
- 12:36
Latest news in Industry News
Morneau told to focus on luxury tax and stock options changes
Finance minister also asked to "ensure that wealthy Canadians do not benefit from unfair tax breaks"
- By: Mark Burgess
- December 13, 2019 December 13, 2019
- 12:35
Royal Bank selling Eastern Caribbean banking operations to consortium
The agreement includes branches in Antigua, Dominica, Montserrat, St. Lucia, and St. Kitts and Nevis
- By: The Canadian Press
- December 12, 2019 December 12, 2019
- 12:26
Fed leaves low rates alone and foresees no moves in 2020
After three cuts earlier this year, the central bank left its benchmark rate in a low range of 1.5% to 1.75%
- By: Christopher Rugaber, The Associated Press, The Associated Press
- December 11, 2019 December 11, 2019
- 14:41
RBC has leading share of small-business banking: CFIB survey
Credit unions and regional banks have gained in market share
- By: Michelle Schriver
- December 11, 2019 December 11, 2019
- 13:08
Wellington-Altus adds new business line with acquisition of TriVest Wealth
The firm has added an ICPM business division with the creation of its Private Counsel subsidiary
- By: IE Staff
- December 11, 2019 December 11, 2019
- 11:50
New Nasdaq platform to drive ESG bond access
Nasdaq Sustainable Bond Network aims to be a showcase for sustainability efforts
- By: James Langton
- December 10, 2019 December 10, 2019
- 12:28
Portfolio management changes announced at Manulife Investment Management
Two senior managers are set to retire next year
- By: IE Staff
- December 10, 2019 December 10, 2019
- 11:54
Regulator tells Canada’s biggest banks to hike domestic stability buffer
Elevated risks to the banking system include high levels of indebtedness and global trade tensions
- By: David Paddon, The Canadian Press
- December 10, 2019 December 10, 2019
- 10:50
Liberals to release fiscal update before Christmas, Morneau says
The government introduced a motion Monday to raise the basic personal income-tax exemption to $15,000
- By: The Canadian Press
- December 9, 2019 December 9, 2019
- 15:44
Canadian consumers face mounting debt while U.S. consumers are in ‘very good shape’
A report says U.S. consumers “are in their best shape in decades”
- By: Mark Burgess
- December 9, 2019 December 9, 2019
- 15:41
Pace of housing starts edged higher in November, CMHC says
B.C. and Alberta led the growth, while five other provinces saw the pace of starts fall
- By: The Canadian Press
- December 9, 2019 December 9, 2019
- 10:48
Big investors call for governments to take climate action
Banks, pension funds and insurance companies from around the world directed their message at a U.N. climate conference
- By: The Associated Press
- December 9, 2019 December 9, 2019
- 10:44
Liberal throne speech emphasizes tax cut
No details were given on stock options, annuities and other measures
- By: Mark Burgess
- December 6, 2019 December 6, 2019
- 12:59
Digital wealth management platform enhances executive team
The fintech D1g1t Inc. hires Andrew Aziz and Kian Rafia
- By: IE Staff
- December 6, 2019 December 6, 2019
- 12:07
U.S. gains a robust 266,000 jobs; unemployment falls to 3.5%
The unemployment rate matches a half-century low
- By: Christopher Rugaber, The Associated Press
- December 6, 2019 December 6, 2019
- 11:35
Equisoft partners with Refinitiv to offer fund sales platform
The web-based platform aims to help fund wholesalers enhance their value propositions to advisors
- By: IE Staff
- December 5, 2019 December 5, 2019
- 12:54
Alterna expands its footprint
The credit union plans to acquire Quinte First Credit Union
- By: James Langton
- December 5, 2019 December 5, 2019
- 12:36
CIBC’s quarterly profit falls 6%
The bank reported $1.19 billion of net profit in Q4
- By: IE staff, with files from Canadian Press
- December 5, 2019 December 5, 2019
- 11:55
How institutional investors are protecting their portfolios
Two surveys uncover where these investors are allocating assets
- By: IE Staff
- December 4, 2019 December 4, 2019
- 14:22
Canadian ETF inflows near record in November
Sixteen ETFs launched last month, but there was no change in the number of ETF providers
- By: Maddie Johnson
- December 4, 2019 December 5, 2019
- 12:54
Climate customized proxy service to launch in 2020
Service will give investors the ability to include customizable climate factors in their proxy voting policies
- By: James Langton
- December 4, 2019 December 4, 2019
- 12:38
Laurentian Bank reports Q4 profit down from year ago, raises dividend
The higher payment to shareholders came as Laurentian reported a fourth-quarter profit of $41.3 million
- By: The Canadian Press
- December 4, 2019 December 4, 2019
- 11:22
Desjardins announces ‘major changes’ to senior management
The changes were announced following an internal review of a privacy breach
- By: IE Staff
- December 3, 2019 December 3, 2019
- 16:04
The struggle really is real for young investors
Those who entered the workforce in the wake of the Great Recession are worse off than older peers, according to a report
- By: IE Staff
- December 3, 2019 December 3, 2019
- 13:37