Ontario looking for portfolio managers for new VC fund
The government is hoping to attract 1.5 times its investment in the new, clean technology fund from other private sector investors
- By: James Langton
- February 6, 2017 February 6, 2017
- 15:05
Latest news in Industry News
Courier loses CRA disc containing taxpayers’ private information
The federal tax agency notes that the data are encrypted and the risk that the taxpayers’ information would be compromised is thought to be very…
- By: James Langton
- February 6, 2017 February 6, 2017
- 10:30
Court gives go-ahead to lawsuit against directors linked to First Leaside
The investors are suing 16 directors claiming negligence, breach of fiduciary and statutory duties, and that the directors’ actions were oppressive
- By: James Langton
- February 3, 2017 February 3, 2017
- 15:00
Financial Horizons acquires Estate Financial
New Brunswick-based MGA Estate Financial has more than 200 brokers who serve clients in five provinces
- By: Megan Harman
- February 3, 2017 February 3, 2017
- 14:05
Appeal court decision makes it harder to obtain certain bonuses after dismissal
Investment manager is not able to collect bonuses after dismissal because contract stated he must be “actively employed” with the firm for a four-year period
- By: Patricia Chisholm
- February 3, 2017 February 3, 2017
- 11:00
IIAC seeks nominees for annual Hall of Fame class
A maximum of four living and four posthumous candidates will be inducted into the Hall of Fame at a gala event in October
- By: IE Staff
- February 3, 2017 February 3, 2017
- 10:30
Fitch expects rollback in regulation for U.S. financial services
Although a full retraction of the Dodd-Frank reforms are not expected, certain provisions of the rule may face substantial revision
- By: James Langton
- February 2, 2017 February 2, 2017
- 16:00
Regulators must be prepared to strike a balance on blockchain technology
The focus should be on designing a principles-based regulation regime that sets high safety standards without disrupting the technology’s development
- By: James Langton
- February 2, 2017 February 2, 2017
- 14:40
TMX Group joins Chamber of Digital Commerce
By joining the Chamber, TMX Group is aiming to position Canada as a global leader in the adoption of blockchain-based technology
- By: James Langton
- February 2, 2017 February 2, 2017
- 14:20
Insurance industry technology lab opens up in Toronto
Cookhouse Lab seeks to enable the insurance industry to work together to facilitate innovation instead of individual companies striving to develop new concepts internally
- By: Megan Harman
- February 1, 2017 February 1, 2017
- 16:30
SoFi acquires Zenbanx
SoFi intends to leverage Zenbanx’s platform and underlying technology to expand its suite of online personal finance offerings
- By: James Langton
- February 1, 2017 February 1, 2017
- 16:25
NYSE completes acquisition of NSX
The NSX is being renamed NYSE National Inc. after the closing of the deal
- By: James Langton
- February 1, 2017 February 1, 2017
- 16:15
IFIC introduces advisor centre portal
Advisor centre offers resources related to key topics including mutual fund fees, serving vulnerable investors, hot regulatory topics and tools and tips related to CRM2
- By: Tessie Sanci
- February 1, 2017 February 1, 2017
- 15:40
CIBC tops annual Canadian online banking functionality benchmark
The bank has claimed the top spot for three years in a row thanks to its “financial health check” feature, “net worth tracker” and savings…
- By: Tessie Sanci
- February 1, 2017 February 1, 2017
- 13:45
New tool aims to help measure effectiveness of financial literacy programs
The “financial literacy outcome evaluation tool” consists of evidence-based financial literacy outcomes and indicators against which organizations can compare their programs
- By: Tessie Sanci
- February 1, 2017 February 1, 2017
- 11:30
Group calls for end of dual-class share structures
The Investor Stewardship Group unveils initiative focused on U.S. institutional investor stewardship and corporate governance
- By: James Langton
- February 1, 2017 February 1, 2017
- 10:00
Wealthsimple launches to U.S. clients
The U.S. launch marks the Toronto-based robo-advisor’s first expansion outside of Canada
- By: Fiona Collie
- January 31, 2017 December 5, 2019
- 17:10
Raymond James’ U.S. parent introduces internal robo-advisor
Connected Advisor, will use similar technology to robo-advisors to automate tasks that will help advisors manage their businesses more efficiently
- By: Fiona Collie
- January 31, 2017 January 31, 2017
- 12:00
Manulife reaches $69-million securities settlement
The two class action lawsuits alleged that Manulife misrepresented the adequacy of its risk-management practices and failed to meet its disclosure obligations
- By: Megan Harman
- January 31, 2017 December 5, 2019
- 11:45
Wealthy Canadians woefully unprepared for generational wealth transfer
A new RBC survey finds that those receiving wealth from inheritance — and those passing it on — could use some additional guidance about the…
- By: Tessie Sanci
- January 31, 2017 November 14, 2025
- 07:00
VersaBank, PWC Capital merger receives regulatory approval
The deal, which has already received shareholder approval, will close on Tuesday
- By: James Langton
- January 30, 2017 December 5, 2019
- 10:35
Canadian in U.S. jailed for four years over money-laundering scheme
Brokerage in Costa Rica used to help launder US$1 million in proceeds from a “pump and dump” penny stock fraud
- By: Colin Perkel
- January 27, 2017 January 27, 2017
- 14:15
Remind clients they’re in it for the long haul
Fear and impatience lead advisors and their clients to make rash decisions, resulting in returns based more on luck and not the economic value of…
- By: Tessie Sanci
- January 27, 2017 February 9, 2018
- 12:50
Scotiabank opens digital factory in Toronto
The factory will employ digital, design, engineering and agile specialists that will look for ways to improve mobile and digital banking transactions with new fintech…
- By: Tessie Sanci
- January 27, 2017 December 5, 2019
- 10:45
New Diagram VC fund focused on building up Canada’s fintech sector
Portag3 Ventures LP, another VC fund, is one of the backers in the project and Paul Desmarais III of Power Financial serves as both VC…
- By: Fiona Collie
- January 25, 2017 December 5, 2019
- 14:45