Latest news in Industry News

Canadian best practices take centre stage at financial conference in China

Professional financial education system fundamental to healthy marketplace, Wilton says

By: IE Staff
February 26, 2009 February 26, 2009
08:11

Caisse executives to appear in front of Quebec parliamentary committee

Finance minister says it's important for Quebecers to know what happened with the Caisse’s ABCP holdings

By: James Langton
February 25, 2009 February 25, 2009
15:52

TD Bank to issue preferred shares

The bank intends to raise gross proceeds of $200 million with the issue

By: IE Staff
February 25, 2009 February 25, 2009
13:26

TD Bank’s Q1 profit falls 27%, but revenue rises 15%

The bank plans to add 80 new advisors in Canada this year, CEO says

By: IE Staff
February 25, 2009 February 25, 2009
11:17

The cost of foreign-exchange risk hedging and its significant ABCP holdings were the main culprits in the Caisse’s massive loss

By: IE Staff
February 25, 2009 February 25, 2009
11:16

Give pension funds greater voice: report

C.D. Howe Institute study suggests scrapping the 30% limit on voting-equity stakes for pension funds

By: IE Staff
February 25, 2009 February 25, 2009
10:15

CI reports lower quarterly and annual profits

Net income falls a drastic 72% in Q4, 29% for 2008 as a whole

By: Megan Harman
February 24, 2009 February 24, 2009
16:00

Creststreet selects RBC Dexia as investor services provider

Benefits to Creststreet include quality, reliability and service in the alternative arena

By: IE Staff
February 24, 2009 February 24, 2009
09:08

JPMorgan Chase cuts dividend by 87%

But bank’s Q1 financial permformance to date is “solidly profitable”

By: James Langton
February 23, 2009 February 23, 2009
17:09

ING Canada, insurance subsidiary to be rebranded

ING Canada and ING Insurance to become Intact Financial and Intact Insurance, respectively

By: IE Staff
February 23, 2009 February 23, 2009
14:44

EGI reports a net loss for Q4, lower net income in 2008

But net operating income increased 35% in Q4 despite the difficult market conditions

By: IE Staff
February 23, 2009 February 23, 2009
12:28

Fairfax records best year in its history

Despite a hit to underwriting results, investment income carried the firm to almost $1.5 billion in net earnings

By: IE Staff
February 22, 2009 February 22, 2009
13:03

Assumption Life continues strong growth

Earnings, net income and policyholder equity all increased in 2008

By: IE Staff
February 22, 2009 February 22, 2009
12:22

Co-operators reports Q4 loss

Net income for 2008 declined by almost 60%

By: IE Staff
February 22, 2009 February 22, 2009
10:22

Kingsway reports Q4, annual loss and dividend reduction

Disappointing results for 2008 reflect the impact of legacy operational problems

By: IE Staff
February 22, 2009 February 22, 2009
08:48

SRI is well positioned for the eventual recovery

Popularity of SRI has increased as responsible corporate behaviour has become increasingly mainstream

By: Megan Harman
February 19, 2009 February 19, 2009
16:26

TD Bank CEO reduces his total compensation by 41%

Ed Clark’s voluntary forfeiture of $3 million will be donated by TD Bank to charity

By: IE Staff
February 19, 2009 February 19, 2009
11:21

Canadian investors ready to take on risk

Western Canadians are the most bullish, with those in Ontario close behind

By: Megan Harman
February 19, 2009 February 19, 2009
11:20

Canadian Western Bank expands further into Saskatchewan

Bank wants to play a greater role in a province that’s “going places”

By: IE Staff
February 19, 2009 February 19, 2009
11:01

UBS could avoid tax fraud prosecution

Deal could result in the U.S. Department of Justice if the Swiss bank meets all its obligations

By: James Langton
February 19, 2009 February 19, 2009
10:47