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Wells Fargo Q4 earnings top Street estimates

The bank's profit rose 4% during the final quarter of the year

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Biden unveils $1.9T plan to stem Covid-19 and steady economy

The plan includes an additional $1,400 for most Americans

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Powell signals Fed will keep aiding economy with bond buying

The measure aims to encourage consumers and businesses to borrow and spend

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Stock options tax revenue to slowly ramp up over a decade, PBO says

Revenue could reach as high as $144 million by 2033

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U.S. exchanges scrap political contributions

Donations halted in response to attack on U.S. Capitol

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Online platform adds children’s life insurance to its shelf offers children's whole life policies in three amounts

  • By: IE Staff
  • January 14, 2021 January 14, 2021
  • 11:47
Manulife partners with ExamOne for new Vitality program

MD Financial and Scotiabank partner with women physicians

FMWC promotes the professional, social and personal development of female physicians in Canada

  • By: IE Staff
  • January 13, 2021 January 13, 2021
  • 10:31
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Nicola Wealth partners with Stallion Financial

The merger reflects Nicola's strategy to expand nationwide

  • By: IE Staff
  • January 12, 2021 January 12, 2021
  • 15:34
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U.S. job openings down in most industries, while layoffs spike

Layoffs soared by 17.6% in November, driven by job cuts at restaurants, bars and hotels

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California fraudsman gets 10 years for $147M global investment scam

Some 72,000 victims invested in a scam of “epic proportions”

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Feds change sick leave benefit, applicants required to say if they travelled

The government did not say how it plans to identify people who have travelled

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CRA sending T4As to residents who received Covid relief benefits

Slips are being sent to recipients of CERB, CRB, CRSB and other benefit programs

  • By: IE Staff
  • January 12, 2021 January 12, 2021
  • 09:57

Canada Life launches fund management company

Canada Life Investment Management began operations on Jan. 1

  • By: IE Staff
  • January 8, 2021 January 7, 2021
  • 08:00
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Harbourfront expands into Yukon, N.L.

The independent advisory firm is now registered in every province except Nunavut

  • By: IE Staff
  • January 7, 2021 January 7, 2021
  • 15:57
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U.S. services sector grows for seventh consecutive month

Out of 18 service sector categories, 14 reported growth in December

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Ontario students push teachers to pressure pension fund to divest from fossil fuels

Coalition demands pension phase out oil and gas investments by 2025

Raymond James adds sustainability investment team

Veteran investment banker Jimmy Leung will lead the new group

  • By: IE Staff
  • January 6, 2021 January 6, 2021
  • 13:42

CI launches new private markets product for HNW clients

New product developed in partnership with U.S.-based asset manager Adams Street Partners

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Canada Life to manage TD Future Builder program

The program consists of roughly 1,800 group plans

  • By: IE Staff
  • January 5, 2021 January 5, 2021
  • 11:09
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BMO Financial Group sells private banking business in Hong Kong and Singapore

The deal is expected to close during the first half of 2021

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Calgary sees highest December home sales since 2007 amid 40% buying surge

The second wave of Covid-19 restrictions have so far not hampered real estate sales

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Brookfield makes offer to take Brookfield Property Partners private

The asset manager is offering US$5.9 billion to acquire the remaining stake in the real estate firm

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Fiera Capital selling a pair of U.S. operations in two separate deals

The moves follow a strategic review of the company's private wealth operations in the U.S.

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Canadians’ top financial goal remains the same amid pandemic

Optimism has declined compared with other years

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Ontario finance minister should be removed from cabinet over holiday trip, NDP says

Rod Phillips says he "deeply regrets" his trip to St. Barts