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
Latest news in Industry News
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
Developing a digital greenback
Former CFTC head Chris Giancarlo is spearheading an effort to launch a digital U.S. currency
- By: James Langton
- January 16, 2020 January 16, 2020
- 11:41
Confident consumers lift U.S. retail sales in December
After a slow start to the holiday shopping season, sales rose 0.3% in December
- By: Christopher S. Rugaber, The Associated Press
- January 16, 2020 January 16, 2020
- 11:05
Harbourfront acquires Vertex One’s private wealth division
The deal is expected to “boost Harbourfront’s already growing asset base”
- By: Greg Dalgetty
- January 15, 2020 January 15, 2020
- 16:05
New platform designed to serve clients with smaller accounts
Agora's Private Client Platform offers model portfolios tailored to clients with average account sizes
- By: Maddie Johnson
- January 15, 2020 January 27, 2020
- 15:10
New subscription service helps dealer firms meet KYP requirements
ShelfMonitor scans for changes to investment products
- By: IE Staff
- January 14, 2020 January 14, 2020
- 12:02
World’s largest asset manager shifts focus to climate change
The asset manager is exiting investments in coal used to generate power and asking clients to disclose climate risks
- By: The Associated Press
- January 14, 2020 January 14, 2020
- 10:32
Morneau says environment, protecting economy to be key focus of 2020 budget
The Liberals will need the help of opposition parties to pass the budget
- By: The Canadian Press
- January 13, 2020 January 13, 2020
- 13:03
Sterling Mutuals to use new digital wealth management platform
The new platform from Pascal Financial will feature investment algorithms powered by artificial intelligence
- By: Maddie Johnson
- January 13, 2020 January 13, 2020
- 11:49
CIBC hires former MP Lisa Raitt as vice-chair of global investment banking
Raitt is the latest high-profile politician to move to the banking sector
- By: The Canadian Press
- January 10, 2020 January 10, 2020
- 10:50
TMX Group CEO Lou Eccleston steps down following historical allegations
TMX Group said it's in the company's best interests for the CEO to retire early
- By: The Canadian Press
- January 10, 2020 January 10, 2020
- 10:04