GMP reports net loss of $3.8 million
Firm blames decline in equity underwriting transactions and the the sale of its capital markets business
- By: IE Staff
- August 9, 2019 October 17, 2019
- 12:33
Latest news in Industry News
CLHIA seeks action on climate change in federal budget
Industry association also wants improved access to variable payment life annuities, among other recommendations
- By: James Langton
- August 8, 2019 October 17, 2019
- 14:48
$80-million proposed class action filed against RBC Life Insurance
Allegations include shortchanging commissioned employees on holiday pay
- By: IE Staff
- August 8, 2019 October 17, 2019
- 13:02
Net income down for CI Financial in Q2
Firm says net income declined by 30% year over year
- By: IE Staff
- August 8, 2019 October 17, 2019
- 13:00
TMX boasts strong second quarter
Results beat analyst expectations
- By: James Langton
- August 8, 2019 October 17, 2019
- 11:01
Manulife Financial says net income surges in second quarter on growth in Asia
New business grew by 16.5%
- By: IE staff, with files from Canadian Press
- August 8, 2019 October 17, 2019
- 10:40
Revenue, net income increased for Canaccord in Q1
The firm saw revenue from its global wealth management operations grow by 15.2%
- By: IE Staff
- August 7, 2019 October 17, 2019
- 16:09
Record number of CFP candidates wrote exam in June: FP Canada
717 candidates across Canada wrote the six-hour exam
- By: IE Staff
- August 7, 2019 October 17, 2019
- 12:33
GMP shareholders approve Stifel sale
Firm now focused on transition to a pure play wealth management business
- By: James Langton
- August 6, 2019 October 17, 2019
- 15:32
July housing sales in Toronto up 24.3%
Overall average selling price in the GTA was up 3.2% year-over-year
- By: The Canadian Press
- August 6, 2019 October 17, 2019
- 13:03
CI Financial names new CEO
Kurt MacAlpine assumes the role on Sept. 1
- By: James Langton
- August 6, 2019 October 17, 2019
- 11:00
Industry seeks clarity on MFDA proposal regarding discretionary trading
“We’ve got to keep the standards high,” says PMAC president
- By: Greg Dalgetty, Melissa Shin
- August 2, 2019 October 17, 2019
- 16:06
Q2 earnings down for Power Financial
Company earned $443 million, down from $658 million a year earlier
- By: The Canadian Press
- August 2, 2019 October 17, 2019
- 15:28
High earners shouldn’t benefit from feds’ stock option changes: C.D. Howe
A report argues the changes should include an income test
- By: IE Staff
- August 2, 2019 October 17, 2019
- 12:29
Trump says he’ll put 10% tariffs on remaining China imports
Declaration sent stock prices tumbling immediately
- By: Paul Wiseman, Kevin Freking, Josh Boak, The Associated Press
- August 1, 2019 October 17, 2019
- 16:16
Nervous homebuyers might want to sit on sidelines, says author predicting crash
Portfolio manager at Richardson GMP advises prospective buyers to wait
- By: Ross Marowits, The Canadian Press
- August 1, 2019 October 17, 2019
- 13:08
New guidance from CSA on reporting climate risks
Regulators cite growing investor concern about how issuers disclose risks
- By: IE Staff
- August 1, 2019 October 17, 2019
- 12:38
Bank of England keeps key interest rate on hold at 0.75%
Fears of a no-deal Brexit are hobbling growth, bank says
- By: Pan Pylas, The Associated Press, The Associated Press
- August 1, 2019 October 17, 2019
- 10:48
Sun Life net income drops 15.7% to $595 million in second quarter
Canada insurance sales decreased 27%, while wealth sales rose 7%
- By: The Canadian Press
- August 1, 2019 October 17, 2019
- 10:31
Fed cuts key rate, pledges to sustain expansion
Cut approved 8-2, with two dissenting votes calling for a hold
- By: Martin Crutsinger, The Associated Press
- July 31, 2019 October 17, 2019
- 14:46
Great-West Lifeco profits down as it reports $459 million net income
Adjusted earnings came in at $658 million
- By: The Canadian Press
- July 31, 2019 October 17, 2019
- 11:21
Fed set to cut key rate for the first time since the Great Recession
Three things to watch for from the Federal Reserve on Wednesday
- By: Martin Crutsinger, The Associated Press
- July 30, 2019 October 17, 2019
- 16:10
Liberals introduce draft legislative proposals on tax measures from budget
Measures include rules on annuities, tax changes affecting funds
- By: IE Staff
- July 30, 2019 October 17, 2019
- 15:55
How risky is the expected rate cut from the Fed?
Stocks will likely climb higher, but other threats remain
- By: IE Staff, The Associated Press
- July 29, 2019 October 17, 2019
- 13:38
Confidence among small business owners declines in July
But TD Economics says small biz confidence remains “relatively upbeat”
- By: IE Staff
- July 29, 2019 October 17, 2019
- 11:59