ICBC cyberattack reveals rising risks: DBRS
Financial sector infrastructure vulnerable to ransomware, malware attacks
- By: James Langton
- November 10, 2023 April 10, 2025
- 14:44
Latest news in Industry News
Conservatives table open banking bill in Ottawa
Private member's bill would force Liberals to move ahead with policy
- By: Jonathan Got
- November 10, 2023 November 10, 2023
- 11:25
Canadians should plan for higher rates in the long run: BoC
More adjustment to come as previous rate hikes filter through the economy, Bank of Canada senior deputy governor says
- By: The Canadian Press
- November 9, 2023 November 9, 2023
- 16:24
Great-West Lifeco sees base earnings rise in Q3 to $950 million
Individual wealth management had net outflows of $427 million
- By: The Canadian Press, IE Staff
- November 9, 2023 November 9, 2023
- 16:10
Freeland to table Liberals’ fall economic statement Nov. 21
The finance minister has promised that the fiscal update will focus on housing and affordability
- By: IE staff, with files from Canadian Press
- November 9, 2023 November 9, 2023
- 15:52
Powell reinforces Fed’s cautious approach to more interest rate hikes
Still, the Federal Reserve chair didn't rule out another increase
- By: Christopher Rugaber, The Associated Press, The Associated Press
- November 9, 2023 November 9, 2023
- 14:51
CPP Investments posts small gain in Q2
The fund has a negative return for the first six months of its 2024 fiscal year
- By: IE Staff
- November 9, 2023 November 9, 2023
- 14:21
Manulife reports profit of $1B in Q3, supported by growth in Asia
The quarter also saw net outflows, lower AUM
- By: The Canadian Press, IE Staff
- November 9, 2023 November 9, 2023
- 13:44
iA Financial Q3 net income increased
Growth in wealth management and Canadian insurance activities led to the gain
- By: Jonathan Got
- November 9, 2023 November 9, 2023
- 13:33
Canaccord Genuity acquires U.K. financial planning firm
The transaction supports Canaccord's strategy to grow wealth management
- By: IE Staff
- November 9, 2023 November 9, 2023
- 12:09
CI Financial posts loss in third quarter
The firm also saw net outflows of $465 million across its entire asset management segment
- By: Melissa Shin
- November 9, 2023 November 9, 2023
- 11:40
CRA solidifies notifiable transaction list
Tax advisors still on shaky ground as five sets of transactions are confirmed
- By: Michael McKiernan
- November 8, 2023 November 8, 2023
- 09:43
Students get inside look at financial services industry
450,000 students registered for this year's Take Our Kids to Work Day
- By: Allan Janssen
- November 7, 2023 November 7, 2023
- 16:19
CFA Institute introduces certificate for climate investing
The organization’s five courses aim to address a skills gap
- By: IE Staff
- November 6, 2023 November 6, 2023
- 11:56
DBRS places Laurentian’s credit ratings under review
The rating agency's concerns stem from recent adverse events at the bank
- By: IE Staff
- November 3, 2023 November 3, 2023
- 16:19
Ontario launching infrastructure bank with $3B in public funding
Proposal was part of the province's fall economic statement on Thursday
- By: Allison Jones, The Canadian Press, Liam Casey, The Canadian Press
- November 3, 2023 November 3, 2023
- 15:19
Alberta would need to negotiate international agreements if it quits CPP: Freeland
Remarks follow virtual meeting with provincial finance ministers
- By: Nojoud Al Mallees, Canadian Press, Stephanie Taylor, Canadian Press
- November 3, 2023 November 3, 2023
- 14:43
Finance committee calls for feds to block RBC-HSBC deal on competition concerns
Removal of competitor could raise already-elevated bank fees, report says
- By: The Canadian Press
- November 2, 2023 November 2, 2023
- 16:30
IGM Financial’s profit flat in Q3 as investment returns weigh on assets
Wealth management's earnings were up, as number of less-experienced advisors dropped
- By: IE Staff
- November 2, 2023 November 2, 2023
- 15:34
BoE keeps main U.K. interest rate at 15-year high
The central bank warned that borrowing costs will likely stay elevated for some time
- By: Pan Pylas, The Associated Press, The Associated Press
- November 2, 2023 November 2, 2023
- 11:39
Fed leaves key short-term interest rate unchanged
Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead
- By: Christopher Rugaber, The Associated Press
- November 1, 2023 November 1, 2023
- 14:36
Organizations team up on ESG definitions to fight greenwashing
The CFA Institute, GSIA and PRI hope their new resource will be adopted by industry and regulators
- By: Mark Burgess
- November 1, 2023 November 1, 2023
- 13:27
Closing arguments begin in trial of Sam Bankman-Fried
Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder
- By: Larry Neumeister, The Associated Press
- November 1, 2023 November 1, 2023
- 13:04
Ontario scraps its portion of HST on purpose built rentals
New policy will apply to new rental housing units such as apartment buildings, student housing and senior residences
- By: The Canadian Press
- November 1, 2023 November 1, 2023
- 12:36
CRA announces CPP max pensionable earnings for 2024
For the first time, a second earnings ceiling will be used to determine additional contributions
- By: IE Staff
- November 1, 2023 November 1, 2023
- 11:12