Guardian Capital to acquire U.S. investment manager
Acquisition of Sterling Capital Management will almost triple Guardian's AUM
- By: IE Staff
- February 2, 2024 February 2, 2024
- 13:06
Latest news in Industry News
Bank of England is edging toward interest rate cuts — but not quite yet
U.K.'s central bank kept its main interest rate at a near 16-year high of 5.25% on Thursday
- By: Pan Pylas, The Associated Press, The Associated Press
- February 1, 2024 February 1, 2024
- 14:53
AIMCo sets up $1B fund to invest in energy transition opportunities
The investment manager says the money represents new capital
- By: The Canadian Press
- February 1, 2024 February 1, 2024
- 14:39
Interest rates not to blame for housing crisis, Macklem says
Bank of Canada governor addressed MPs on the finance committee on Thursday
- By: Nojoud Al Mallees, Canadian Press
- February 1, 2024 February 1, 2024
- 14:08
Grads entering weak markets face long-term effects, lower earnings
Impact on salary lingers for a decade, TD Economics report says
- By: The Canadian Press
- February 1, 2024 February 1, 2024
- 13:21
When your client wants to boost RRSP savings with a loan
Financial advisors, planners weigh in on the risks of borrowing to invest
- By: Craig Wong, The Canadian Press, The Canadian Press
- February 1, 2024 February 1, 2024
- 13:02
CRA to charge 10% interest on overdue tax through first half of 2024
Prescribed rate for the second quarter of this year to match first quarter rate
- By: Rudy Mezzetta
- January 31, 2024 January 31, 2024
- 08:49
Canadian CEOs embracing AI amid economic pessimism
Chief executives realistic about AI risks and the need to retrain workers, PwC survey finds
- By: Jonathan Got
- January 30, 2024 January 30, 2024
- 14:47
China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion
China Evergrande Group is among dozens of Chinese developers that have collapsed since 2020
- By: Kanis Leung, Associated Press, Zen Soo, The Associated Press
- January 29, 2024 January 29, 2024
- 15:36
Canadian Western Bank plants flag in Toronto’s financial district
Edmonton-based firm looks to draw business-owner clients from the big banks
- By: Rudy Mezzetta
- January 29, 2024 January 30, 2024
- 15:01
CFA Institute targets questionable advice from finfluencers
Regulators could create public reports on complaints about finfluencers, Institute recommends
- By: Jonathan Got
- January 26, 2024 January 29, 2024
- 15:48
U.S. inflation slowed in December
The latest data suggests the American economy is achieving a difficult “soft landing”
- By: Christopher Rugaber, The Associated Press
- January 26, 2024 January 26, 2024
- 09:33
Not so fast on interest rate cuts, says European Central Bank
The bank left its benchmark rate unchanged at a record-high 4%
- By: David Mchugh, The Associated Press
- January 25, 2024 January 25, 2024
- 13:58
Bank of Canada holds key interest rate at 5%
The central bank is still open to more rate hikes if inflation doesn’t co-operate
- By: Nojoud Al Mallees, Canadian Press
- January 24, 2024 January 24, 2024
- 10:37
CIRO approved as credentialing body under Ontario title protection
Improved proficiency for financial advisors still on the table amid persistent demand
- By: Michelle Schriver
- January 23, 2024 January 23, 2024
- 15:56
Corporate transparency legislation now in force
The new requirements could surprise small businesses that aren't used to making these types of disclosures
- By: Michael McKiernan
- January 23, 2024 January 23, 2024
- 10:17
Italian financial software firm buys Nest Wealth
Objectway sees the Toronto-based fintech firm as an "ideal fit" as it looks to expand
- By: Jonathan Got
- January 22, 2024 January 22, 2024
- 16:54
Payment deadline nears for prescribed-rate loans
A late payment will thwart the income-splitting opportunity associated with the strategy
- By: Rudy Mezzetta
- January 22, 2024 January 22, 2024
- 09:53
Blackstone buys Toronto rental development company
Tricon Residential will go private in a US$3.5-billion deal
- By: The Canadian Press, IE Staff
- January 19, 2024 January 19, 2024
- 09:59
TD expects $141M from Schwab holdings as U.S. banks report earnings
Adjusted net income estimated to drop 30% from previous year
- By: Ian Bickis, The Canadian Press
- January 18, 2024 January 18, 2024
- 14:14
Former BMO execs Andrew Auerbach and Jean Blacklock launch investment counsel firm
New practice aims to differentiate with therapeutic approach to planning
- By: Michelle Schriver
- January 18, 2024 January 18, 2024
- 08:47
What happens if FSRA finds a life agent unsuitable
The Ontario regulator discussed proposed licensing suitability guidance during a webinar on Wednesday
- By: Michelle Schriver
- January 17, 2024 January 17, 2024
- 15:27
Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses
Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000
- By: Rosa Saba, The Canadian Press
- January 17, 2024 January 17, 2024
- 13:53
AGF buying majority stake in alternative investment firm Kensington Capital
Kensington will maintain its investment and operational independence, receive strategic support
- By: IE staff, with files from Canadian Press
- January 15, 2024 January 15, 2024
- 11:57
Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels
Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce
- By: Ken Sweet
- January 12, 2024 January 12, 2024
- 14:51