Latest news in Industry News

Business meeting concept illustration in an aerial view with people sitting around a conference table

FSRA to assess insurance sector for fair treatment of clients

MGAs will be part of the review

  • By: IE Staff
  • September 16, 2020 September 16, 2020
  • 14:37
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

Helping investors track corporate diversity

ISS ESG is providing racial and ethnic data on directors and executives

illustration of racial injustice

RIA creates anti-racism pledge for asset managers

The founding signatories are 10 institutional investors representing $1.1 trillion in AUM

Wall street sign in New York with American flags and New York Stock Exchange background.

Some JPMorgan traders catch Covid as bank reopens offices

Few other banks or financial companies had been as insistent about returning workers to the office

  • By: Ken Sweet
  • September 15, 2020 September 15, 2020
  • 16:05
A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Are virtual hearings here to stay?

IIROC suggests electronic proceedings may continue post-pandemic

  • By: IE Staff
  • September 15, 2020 September 15, 2020
  • 15:09
a man interrupts a cascade of falling dominoes

GMP founder proposes new terms for Richardson deal

Kevin Sullivan said he supports the transaction's concept but not the terms

Protection people health and insurance concept. Hand shield protect wooden human on table

Annuities lead year-over-year premium growth in 2019

Annual stats from CLHIA show a growing health and life insurance industry

Calculator pen, balance sheet and statistics for sales and taxes

Feds freeze EI premiums in response to pandemic

Employer and employee rates to remain unchanged for next two years

Shot of a stressed businesswoman sitting on the floor outside the boardroom

Some workers, sectors more affected by Covid-19 than others: BoC

An uneven rebound poses risk for the entire economy, the central bank's governor says

responsible investments fossil fuels oil and gas energy sector

Regulators, organizations look to fill ESG standards void

Regulation of sustainable investments hasn’t kept pace with investor appetite

5994395 - front view of the canadian parliament building , with nobody showing

Trudeau announces cash for loans, support to Black Canadian entrepreneurs

The $221-million program is jointly funded by the feds and eight financial institutions

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Bank CEOs adapt to new consumer habits during Covid-19

Big banks show discipline with their spending

Senior couple planning a holiday

Industry calls for safe harbour protections to accompany vulnerable client rules

Comment letters to the CSA proposal lay out risks to the client-advisor relationship

Business man signing a contract

Failed Richardson GMP deal would leave advisors open to poaching, says GMP Capital

GMP outlines benefits of the deal in a letter amid minority shareholder opposition

stage curtain

Omega Securities rebrands as Tradelogiq Markets

The new name reflects the company's change in ownership, management and technology

  • By: IE Staff
  • September 9, 2020 September 9, 2020
  • 11:48
Daydreaming young couple at home

FSRA consults on standards for residential mortgage lending

The principles-based guidance will be flexible, the Ontario regulator says

  • By: IE Staff
  • September 9, 2020 September 9, 2020
  • 11:29

BoC holds key interest rate target, warns of choppy recovery

The rate will remain at 0.25% until inflation is back on target, the central bank says

the canadian parliament and library during the fall

Liberals extend commercial rent relief program for last time

Business groups say the government hasn’t addressed known flaws in the program

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

Where’s the gender diversity on smaller boards?

Efforts to improve gender diversity on boards still have a long way to go

This picture says the development of economy, successful, and achievement

IIAC reports industry revenues increased in June

The month saw a surge in equity underwriting revenues

  • By: IE Staff
  • September 8, 2020 September 8, 2020
  • 14:17
increasing stacked red cubes with percentage symbol and blue arrow showing upward direction

Debt issuance skyrocketed in Q2: StatsCan

The federal government issued $302.3 billion in debt securities

Skyline of the financial district

Report says banks can weather Covid-19 storm

DBRS Morningstar notes that Canadian banks entered the downturn from a position of strength

Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

Great West subsidiary buys MassMutual retirement services business in $4.4B deal

The deal follows Empower's recent acquisition of U.S. investment manager Personal Capital

young woman with question mark on a gray background

Is this ESG’s big break?

The Covid-19 market crash gave ESG funds an opportunity to prove their mettle

Close up of businessman hands making handshake - greeting, dealing, merger and acquisition concepts

Former GMP exec comes out against Richardson deal

Kevin Sullivan is proposing new directors and new transaction terms