Manulife posts $1.6B Q4 net income
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
- By: Jonathan Got
- February 20, 2025 February 20, 2025
- 09:28
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
Quarterly earnings down 12% compared with year earlier period
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Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K
Ethos Urban’s leadership team to remain "significant shareholders" in the business
Plus, guaranteed electronic funds transfers and mobile mortgage renewals
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Revenue for the quarter totalled US$19.4 billion, down from US$24.5 billion a year earlier
The insurer earned more than twice that in Q4 2023
Denis Dubois and more recognized by Finance et Investissement
The fund manager delivered a net return of 3.8% during its third quarter
The U of T economics professor will work with the bank in a part-time role
Restaurants added jobs, but 53% still operating at a loss or breaking even
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Clients can track scope 1, 2 and 3 carbon emissions
The bank's stake is worth roughly US$15.4 billion
Quarterly mutual fund sales through the advisor network were up 45% year over year
A mixture of executive and PM moves were announced
Trudeau, in opening remarks at the event, reiterated the need for a 'Team Canada' approach
Global wealth management revenue grows 19.7% year over year to $233.4 million
Several clients who lost money filed lawsuits last year
Insurer plans $500 million in share buybacks in 2025