Ottawa posts $21.7B deficit for April-to-December period
The result compared with a deficit of $23.6B for the same period a year earlier
- By: The Canadian Press
- February 28, 2025 February 28, 2025
- 11:52
Latest news in Industry News
Alberta economy back in the red with $5.2B deficit budget
The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: minister
- By: Lisa Johnson and Jack Farrell, The Canadian Press
- February 28, 2025 February 28, 2025
- 10:37
Laurentian Bank reports $38.6M Q1 profit
The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31
- By: The Canadian Press, with files from IE
- February 28, 2025 February 28, 2025
- 10:00
Big banks report earnings beats ahead of potential tariff tempest
Consumers and businesses hold off on big spending decisions ahead of expected U.S. tariffs
- By: Ian Bickis, The Canadian Press
- February 27, 2025 February 27, 2025
- 15:12
CIBC posts $2.2B Q1 profit
Canadian commercial banking and wealth management business earned $591 million
- By: The Canadian Press, with files from IE
- February 27, 2025 February 27, 2025
- 11:43
RBC reports $5.1B Q1 profit, up from $3.6B a year ago
The bank's wealth management business earned $980 million, up from $664 million a year earlier
- By: The Canadian Press, with files from IE
- February 27, 2025 February 27, 2025
- 10:46
TD Bank Group reports $2.79B Q1 profit
TD's wealth management and insurance business earned $680 million, up from $555 million a year earlier
- By: Ian Bickis, The Canadian Press, with files from IE Staff
- February 27, 2025 February 27, 2025
- 10:39
CDPQ earns 9.4% return for 2024
The Quebec pension manager is also buying Innergex Renewable Energy Inc.
- By: The Canadian Press, with files from IE
- February 26, 2025 February 26, 2025
- 17:01
Asset owners call on Canadian banks to stick with climate goals
The Big Six all quit the UN-backed Net Zero Banking Alliance in January
- By: The Canadian Press, with files from IE
- February 26, 2025 February 26, 2025
- 11:01
National Bank reports $997M Q1 profit
The bank's wealth management business earned $242 million
- By: The Canadian Press, with files from IE
- February 26, 2025 February 26, 2025
- 10:26
Advocis CEO commits to paying back contingency fund, communicating about finances
During a fireside chat, Kelly Gorman also presented a plan for increasing membership and promoting the CLU
- By: Michelle Schriver
- February 25, 2025 February 25, 2025
- 15:38
Provinces have roughly $100B at hand for tariff relief, Desjardins estimates
Before the prospect of U.S. tariffs, most provinces had been expecting their fiscal situations to improve in 2025
- By: Craig Lord, The Canadian Press
- February 25, 2025 February 25, 2025
- 09:33
BMO Financial Group reports $2.14B Q1 profit
The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago
- By: The Canadian Press, with files from IE
- February 25, 2025 February 25, 2025
- 09:16
Tariff fears causing borrowers to hold back but risks ‘manageable’: Scotiabank
The bank's Q1 profit was down from a year ago
- By: Ian Bickis, The Canadian Press, with files from IE Staff
- February 25, 2025 February 25, 2025
- 09:05
Cybersecurity firm sues Advocis for $560K
The association originally hired the firm to investigate wrongdoing by employees and executives, the claim states
- By: Michelle Schriver
- February 24, 2025 February 24, 2025
- 18:50
OMERS earned 8.3% return for 2024, net assets grew to $138.2 billion
The fund's net assets rose close to $10 billion in 2024
- By: The Canadian Press
- February 24, 2025 February 24, 2025
- 14:59
Canada Infrastructure Bank loaning Australian EV charging company Jolt $194M
The loan will aid in the installation of up to 1,500 new curbside chargers
- By: The Canadian Press
- February 24, 2025 February 24, 2025
- 11:40
Brookfield Asset Management and partners sign deal for National Grid Renewables
The deal values the U.S. business at US$1.74 billion
- By: The Canadian Press
- February 24, 2025 February 24, 2025
- 11:04
Tips and caveats as an unusual tax-filing season begins
CRA provides more time to issue tax slips, corporations no longer get penalty relief
- By: Michelle Schriver
- February 21, 2025 April 11, 2025
- 17:13
Industry moves this week
Executive and board appointments announced at IFIC, Manulife and Croesus
- By: Alisha Hiyate
- February 21, 2025 February 21, 2025
- 16:28
Shareholder activists stay busy
Activism focused on increased M&A activity is expected in 2025
- By: James Langton
- February 21, 2025 February 21, 2025
- 15:22
Trade war would wipe out economic growth, push inflation higher: Macklem
BoC can't lower rates too much without risking adding fuel to the inflation fire, governor says
- By: Tara Deschamps and Rosa Saba, The Canadian Press
- February 21, 2025 February 21, 2025
- 12:59
ATB Financial posts net income of $88.7 million in Q3
Wealth management division grows after last year’s acquisition of BCV Asset Management
- By: IE Staff
- February 21, 2025 February 21, 2025
- 12:11
Canada can legally challenge tariffs, but will Trump fall in line with the ruling?
Trump has threatened blanket 25% tariffs on Canadian goods, with the exception of 10% tariffs on energy
- By: Ian Bickis, The Canadian Press
- February 21, 2025 February 21, 2025
- 09:58
Pension funds making progress on climate change: Shift
AIMCo, however, received an F in the advocacy group's annual report card
- By: Kevin Press
- February 21, 2025 February 21, 2025
- 09:39