Blackstone officially opens Canadian office in Toronto
Move comes as interest grows in alternative assets
- By: Mark Burgess
- September 27, 2023 September 27, 2023
- 11:57
Latest news in Industry News
Clients may be more open to discussing serious illness planning than death planning
Help clients prepare for a serious illness
- By: Melissa Shin
- September 26, 2023 September 26, 2023
- 16:29
Feds unlock another $20 billion for low-cost rental construction financing: Freeland
The government is raising the limit on the Canada Mortgage Bonds program to $60 billion
- By: The Canadian Press
- September 26, 2023 September 26, 2023
- 15:24
JPMorgan to pay US$75 million on claims that it enabled Jeffrey Epstein’s sex-trafficking operations
The bank had already agreed to pay US$290 million in a class-action lawsuit that involved Epstein's victims
- By: Ken Sweet
- September 26, 2023 September 26, 2023
- 13:21
Insurers continued paying record benefits in year three of pandemic
Total premiums collected by insurers also rose in 2022, according to the CLHIA
- By: IE Staff
- September 26, 2023 September 26, 2023
- 11:41
Private credit funds going evergreen with eye on retail market
A global survey finds managers are considering more liquid funds
- By: Mark Burgess
- September 25, 2023 September 25, 2023
- 12:58
Ivey Women in Asset Management program expands nationwide
Summer program for students includes a paid internship with an asset management firm
- By: IE Staff
- September 25, 2023 September 26, 2023
- 12:40
Alberta downplaying pension plan proposal risk, experts say
Broad estimates and generous assumptions may mean the APP is less viable than it seems
- By: Rudy Mezzetta
- September 22, 2023 September 22, 2023
- 16:30
FP Canada’s revenue mixed in 2022–23
Certification fees accounted for 70% of income
- By: Michelle Schriver
- September 22, 2023 September 22, 2023
- 15:16
Positioning your book for a sale
There's more than one approach to advisor succession
- By: Mark Burgess
- September 21, 2023 September 21, 2023
- 15:48
U.S. applications for jobless benefits fall to lowest level in nearly 8 months
Labour market continues to show strength in the face of elevated interest rates
- By: Matt Ott, The Associated Press, The Associated Press
- September 21, 2023 September 21, 2023
- 14:27
Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes
If high rates persist, fraudulent activity could accelerate
- By: The Canadian Press
- September 21, 2023 September 21, 2023
- 14:16
Alberta deserves more than half CPP assets if it exits program: report
Province would be entitled to 53% of the national pension plan's pool by 2027
- By: The Canadian Press
- September 21, 2023 September 21, 2023
- 13:57
Small venture capital player becomes symbol in fight over corporate diversity policies
Fearless Fund co-founder says it will take trillions of dollars to close the racial and gender gap in venture capital funding
- By: Alexandra Olson
- September 20, 2023 September 20, 2023
- 13:48
Canadians report financial security concerns as inflation hammers savings
RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't
- By: IE Staff
- September 20, 2023 September 20, 2023
- 11:48
FSRA publishes final fee rule for its sectors
The rule includes the regulator's fee calculations for credentialing bodies
- By: IE Staff
- September 19, 2023 September 19, 2023
- 16:29
BMO to shutter retail auto finance business as bad debt mounts
The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter
- By: The Canadian Press
- September 18, 2023 September 18, 2023
- 11:28
Lawyers temporarily exempted from CRA’s mandatory disclosure requirements
The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms
- By: Michael McKiernan
- September 15, 2023 September 15, 2023
- 12:41
Ottawa to remove GST on new rental housing, extends CEBA loan deadline
The federal government also is calling on grocers to stabilize prices
- By: Dylan Robertson, The Canadian Press
- September 15, 2023 September 15, 2023
- 08:45
Yellen details tighter scrutiny of investment plans of foreign owned companies operating in the U.S.
Treasury secretary says Committee on Foreign Investment is adapting to a changing global economy
- By: Fatima Hussein, The Associated Press
- September 14, 2023 September 14, 2023
- 14:54
Major life insurers taking steps, but falling short on climate action: report
Sun Life Financial Inc. and Manulife Financial Corp. are Canada's first and fourth-largest fossil fuel investors
- By: Ian Bickis, The Canadian Press
- September 14, 2023 September 14, 2023
- 13:39
Edward Jones tries out teams
The brokerage hopes to boost more than the bottom line by introducing multi-advisor offices
- By: Katie Keir
- September 14, 2023 September 14, 2023
- 12:54
Laurentian Bank shares fall as it concludes review without deal to sell
Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency
- By: The Canadian Press
- September 14, 2023 April 4, 2024
- 10:56
AIMCo opens first Asia office in Singapore, remains leery of China
CEO Evan Siddall says the fund manager is under-represented in Asia
- By: Amanda Stephenson, Canadian Press
- September 12, 2023 September 12, 2023
- 14:41
Does the underused housing tax apply to 24 Sussex Drive?
The Canada Revenue Agency's extended deadline to file a UHT return and pay any tax is approaching
- By: Rudy Mezzetta
- September 12, 2023 September 12, 2023
- 10:00