Mortgage lending grows, while HELOC lending slows
A new report from Scotiabank says a hotter housing market has led to faster growth in mortgage borrowing
- By: IE Staff
- December 18, 2019 December 18, 2019
- 12:18
Latest news in Industry News
Statistics Canada says annual pace of inflation climbs to 2.2%
In November, energy prices posted their first year-over-year increase since April
- By: The Canadian Press
- December 18, 2019 December 18, 2019
- 10:53
Sun Life to expand infrastructure expertise with investment in InfraRed
The deal also has provisions for Sun Life to acquire the remaining equity of InfraRed within five years
- By: The Canadian Press
- December 18, 2019 December 18, 2019
- 10:52
OSC alleges crypto miner duped investors
A hearing into the regulator's allegations is set for Jan. 20
- By: James Langton
- December 17, 2019 December 17, 2019
- 15:10
Fidelity expands Bitcoin trading services to Europe
There's growing demand from institutional investors
- By: James Langton
- December 17, 2019 December 17, 2019
- 13:26
Provincial finance ministers divided on top priority for meeting with Morneau
Morneau said it came as no surprise that the provinces would be requesting more funding at the meeting
- By: Terry Pedwell
- December 17, 2019 December 17, 2019
- 12:04
The benefits and challenges of donating property
Donating property — such as securities, artwork or real estate — may increase the tax benefits to your client, compared to donating cash
- By: Michelle Schriver
- December 17, 2019 December 13, 2019
- 08:00
Feds release claim amounts from carbon tax
Payments go to residents of provinces that have not adopted federal carbon pricing
- By: IE Staff
- December 16, 2019 December 16, 2019
- 16:28
End-of-year tax tips for 2019
Remind clients of these upcoming opportunities
- By: Rudy Mezzetta
- December 16, 2019 December 17, 2019
- 11:00
Harness Investment Management opens office in Vancouver
The investment counselling firm also announced a strategic partnership with VELA Wealth
- By: IE Staff
- December 16, 2019 December 16, 2019
- 10:35
CREA reports November home sales and prices up from year ago mark
The average price for a home sold in November was up 8.4%
- By: The Canadian Press
- December 16, 2019 December 16, 2019
- 10:24
Industry supports regulatory reduction in letters to CSA
The comment period ended this week on proposals to eliminate certain disclosure requirements
- By: Michelle Schriver
- December 13, 2019 December 13, 2019
- 13:22
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
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