Latest news in Industry News

United States Capitol, Washington DC

Trump says U.S. should start manipulating the dollar

A weaker dollar could help exports, but hurt foreign investments in government debt

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

Trump says he will tap economists for 2 key Fed vacancies

The president announced his planned nominations in a tweet on Tuesday

Ontario Teachers’ investing in SpaceX, CPPIB targets Legoland operator

The company founded by Elon Musk is the first investment for the teachers’ late-stage venture capital and equity growth platform

Parliament buildings on a sunny day

ETF industry pushes back against tax proposals

Proposed rules from Budget 2019 could negatively impact the Canadian ETF market

Wellington-Altus expands service to U.S. clients

Advisors can now serve U.S. clients or Canadian clients with U.S.-domiciled accounts

  • By: IE Staff
  • June 27, 2019 July 22, 2019
  • 15:46
39174258 - man calculates money. piggy bank and business documents on desk

CRA announces prescribed interest rates for Q3

The rate increased for corporate taxpayers’ pertinent loans or indebtedness

  • By: IE Staff
  • June 27, 2019 July 22, 2019
  • 15:03
New York City Skyline USA

U.S. economy grew at solid 3.1% rate in first quarter

But growth is expected to be slower the rest of the year

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Scotiabank to sell Puerto Rico, U.S. Virgin Islands assets to OFG Bancorp

The bank will record a loss of approximately $400 million after tax

High angle view of mallet eyeglasses legal book in courtroom

Court denies investor class action against a former rep

IIROC permanently banned the former rep and fined him $450,000 in 2018

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Proposed class action over failed ETF dismissed by Ontario court

Suit filed over a fund that lost 90% of its value overnight in 2018

Federal reserve building, Washington DC

Powell discusses ‘renewed concerns’ about global economy

The Fed chair did not commit to a rate cut but said the central bank will closely monitor incoming data

Black female boss leading corporate multiracial team meeting talking to diverse businesspeople, african american woman executive discussing project plan at group multi-ethnic briefing in boardroom

NYSE aims to help boost gender diversity on corporate boards

Advisory council plans to connect companies with director candidates

Portrait of smiling woman in office with tablet

New robo platform caters to female investors

Smart Money for Her incorporates specific assumptions into its goals-based platform

  • By: IE Staff
  • June 25, 2019 July 22, 2019
  • 12:08
agreement, attorney, auction, authority, balance, barrister, beam, scale, book, bookcase, books, brass, brown, business, colourconcept, contract, counsel, court, courthouse, courtroom, crime, criminal, decision, defendant, divorce, enforcement, financefreedom, gavel, government, guilt, guilty, hammer, horizontal, innocence, judge, judgement, judgment, judicial, justice, lawlawyer, legal, legislation, liberty, libra, litigation, mallet, prosecution, punishment, rights, scale, scales, scales, of, justice, sentencesymbol, symbolic, system, tax, trial, tribunal, truth, verdict, weight, will, wood, wooden

Proposed class action launched against Desjardins

Lawsuit alleges negligence after a data breach affected 2.9 million members

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Vulnerable clients the focus of regulators

IIROC survey shows support for protecting vulnerable clients, while CSA suggests best practices

  • By: IE Staff
  • June 21, 2019 July 22, 2019
  • 12:58
5994395 - front view of the canadian parliament building , with nobody showing

Feds should facilitate open banking, Senate committee says

Report recommends creating an “innovation sandbox,” registry for third-party providers

  • By: IE Staff
  • June 21, 2019 July 22, 2019
  • 12:34
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Manulife Financial forms Indian joint venture with Mahindra Finance

Mahindra Finance has more than 5 million customers in India

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Desjardins says info for 2.9M members shared outside of organization

Financial institution says employee who illegally accessed data has been fired

Senior man in driver's seat of car

Seniors intent on donating to charities: report

Survey finds 82% of seniors give money to causes important to them

  • By: IE Staff
  • June 20, 2019 July 22, 2019
  • 14:42
tax inspector investigating financial documents

QuadrigaCX founder transferred customers’ funds to his own accounts: report

Cryptocurrency exchange shut down in January amid controversy

Businessmen climbing corporate ladders new job appointment notice

Advisors could be doing more for HNW clients: report

A survey studied client engagement to determine what makes an exceptional advisor

  • By: IE Staff
  • June 20, 2019 July 22, 2019
  • 12:21

Ontario gets new finance minister

Fedeli, Thompson, MacLeod demoted in Doug Ford's cabinet shuffle

Ottawa Canal at night

NDP pledges to raise taxes on the wealthy but keep small biz rate

The federal party released its platform earlier this week

Federal reserve building, Washington DC

Fed leaves its key rate unchanged but hints of future cuts

Trade conflicts, especially with China, could lead to a rate cut