Ontario moves to make credit unions more competitive
Proposals include raising the deposit insurance coverage limit and allowing CUs to own insurance brokerages
- By: James Langton
- February 12, 2016 February 12, 2016
- 11:20
Latest news in Industry News
CI Financial names Peter Anderson as CEO
The now former interim CEO of Aston Hill and one-time CI executive returns to replace Stephen MacPhail
- By: IE Staff
- February 11, 2016 February 11, 2016
- 17:20
PMAC urges feds to make changes to retirement and pension regime
The association is also calling on Ottawa to continue working with the provinces on establishing the co-operative capital markets regulator
- By: Rudy Mezzetta
- February 11, 2016 February 11, 2016
- 17:00
Securities class action filings in Canada plummet: report
Seven class actions were settled, or tentatively settled, in 2015, and six cases were dismissed
- By: James Langton
- February 11, 2016 February 11, 2016
- 12:50
Losses in oil and gas sector bite into Manulife’s Q4 earnings
Volatility in energy prices could make it difficult for the company to meet its core profit goal of $4 billion this year
- By: The Canadian Press
- February 11, 2016 February 11, 2016
- 10:00
CPPIB chief says foreign holdings helped investment return in latest quarter
The fund’s Canadian equity portfolio lost value over the same period
- By: David Paddon
- February 10, 2016 February 10, 2016
- 16:45
Financial firms help launch blockchain “Hyperledger Project”
The projects aims to build an open-source platform to use blockchain technology to streamline business processes in a variety of industries
- By: James Langton
- February 10, 2016 February 10, 2016
- 15:00
ICE Clear Canada receives approval as third-country CCP
The recognition will allow it to provide clearing services to European clients
- By: James Langton
- February 10, 2016 February 10, 2016
- 10:10
AIMA publishes guide to operational risk management
Hedge fund managers are facing increased scrutiny from institutional investors, regulators and the media
- By: James Langton
- February 9, 2016 February 9, 2016
- 16:25
SIFMA pushes back on U.S. budget proposals
Industry association opposed to bank tax, fiduciary duty on retirement advice
- By: James Langton
- February 9, 2016 February 9, 2016
- 16:00
Police warn of rise in identity thefts
Fraud lab discovered in Toronto
- By: James Langton
- February 8, 2016 February 8, 2016
- 14:35
Banks face challenges in adopting blockchain technology
A new white paper urges banks to focus on areas where the technology can truly create value
- By: James Langton
- February 8, 2016 February 8, 2016
- 12:20
Women making gains in financial services industry
Capital markets not the boys’ club Hollywood portrays, industry insiders say
- By: Alexandra Posadzki
- February 5, 2016 February 5, 2016
- 14:15
Flow-through shares have been a failure, report finds
These investments seem to do more harm than good and it’s time to reconsider their tax incentives, University of Calgary report concludes
- By: James Langton
- February 4, 2016 February 4, 2016
- 16:25
AdvisorStream joins Canadian Technology Accelerator Program
Marketing technology firm looking to grow its financial advisor market
- By: IE Staff
- February 3, 2016 February 3, 2016
- 16:30
Make women a core focus of your business
With women’s wealth becoming ever more prominent, you need to ensure you take the right approach to gain and retain their business
- By: Tessie Sanci
- February 3, 2016 February 3, 2016
- 12:25
Three in the running to become head of Desjardins Group
Desjardins’ electoral college will choose between Daniel Paillé, Guy Cormier and Robert Oullette to replace Monique Leroux in April
- By: Rudy Mezzetta
- February 2, 2016 February 2, 2016
- 12:35
Toronto police arrest man in alleged CRA scam
Nine charges laid; police believe there may be other victims
- By: James Langton
- February 2, 2016 February 2, 2016
- 10:40
Mercer launches pension risk exchange tool for DB pension plan sponsors
The platform allows DB pension plan sponsors in Canada to monitor annuities pricing and financial metrics for their pension plans
- By: Tessie Sanci
- February 1, 2016 February 1, 2016
- 17:05
Shift to fee-based model doesn’t drive clients away, U.S. study finds
Many investors surveyed for the study indicate they would remain with their advisors even if they were informed of fees — and felt those fees…
- By: Tessie Sanci
- February 1, 2016 February 1, 2016
- 15:00
Defer Ontario pension implementation for one-year: CLHIA
In its Ontario budget submission, the industry group urges the government to adopt regulations to allow for the implementation of PRPPs
- By: James Langton
- February 1, 2016 February 1, 2016
- 12:50
Scotiabank completes purchase of Citigroup’s operations in Panama, Costa Rica
The acquisitions, valued at around US$360 million, include 21 bank branches, 88 ABMs and four service centres
- By: Rudy Mezzetta
- February 1, 2016 February 1, 2016
- 12:00
CDCC, NGX receive CCP recognition from ESMA
European securities regulators have given their blessing to a couple of the TMX Group’s clearing businesses to operate as central clearing counterparties in the region
- By: James Langton
- February 1, 2016 February 1, 2016
- 11:40
Nasdaq completes acquisition of Chi-X Canada
Deal expands market for Canadian equities, derivatives trading and ETP listings
- By: James Langton
- February 1, 2016 February 1, 2016
- 11:15
CSIS collected taxpayer information from the CRA without authorization
A new report from the Security Intelligence Review Committee states that there were multiple instances of this happening from a particular CSIS office
- By: James Langton
- January 29, 2016 January 29, 2016
- 14:10