Canada Life acquires Value Partners Group
Deal adds investment counsel portfolio managers to Canada Life
- By: Greg Meckbach
- June 13, 2023 June 13, 2023
- 16:00
Latest news in Industry News
ISS takes on anti-ESG critics
Proxy advice grounded in market input and client demand, firm says
- By: James Langton
- June 13, 2023 June 13, 2023
- 14:01
Ontario Teachers’ to move real estate division in-house
John Sullivan will retire from Cadillac Fairview in November
- By: Mark Burgess
- June 12, 2023 June 12, 2023
- 14:14
How is an FHSA taxed at death?
It’s not too early to consider the estate implications if someone dies while holding an FHSA
- By: Rudy Mezzetta
- June 9, 2023 June 9, 2023
- 16:11
Rate hike prompted by higher risk of sticky inflation: BoC’s Beaudry
Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate
- By: The Canadian Press
- June 8, 2023 June 8, 2023
- 15:44
How to improve responsible investing conversations with clients
There’s more to ESG discussions than asking investors what they want to avoid
- By: Greg Meckbach
- June 8, 2023 June 8, 2023
- 14:44
Europe’s economy shrank. For households that are hurting, it’s just numbers
The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
- By: David Mchugh, The Associated Press, Courtney Bonnell, The Associated Press
- June 8, 2023 June 8, 2023
- 11:35
Feds consult on fighting money laundering and terrorist financing
Government also seeks comment on creation of new financial crimes agency
- By: Rudy Mezzetta
- June 7, 2023 June 7, 2023
- 12:52
Bank of Canada raises key interest rate amid stubbornly high inflation
Key interest rate now sits at 4.75%, highest it's been since 2001
- By: The Canadian Press
- June 7, 2023 June 7, 2023
- 11:34
Canaccord board to shareholders: reject management buyout
The special committee evaluating the offer was unanimous in its recommendation
- By: Melissa Shin
- June 5, 2023 June 5, 2023
- 18:59
FSRA targets advisor chargeback in updated DSC proposal
New proposed amendment addresses removal of DSCs on existing seg fund contracts
- By: IE Staff
- June 2, 2023 June 2, 2023
- 13:47
Canaccord management group providing no assurance that offer will be extended
The group said there's "no reasonable chance" conditions will be met by a June 13 deadline
- By: Mark Burgess
- June 2, 2023 June 2, 2023
- 12:26
Laurentian Bank reports Q2 profit down from year ago
The bank raised its quarterly dividend
- By: The Canadian Press
- June 1, 2023 June 1, 2023
- 15:21
ESMA seeks solutions to greenwashing
The risk of misleading disclosure pervades sustainable product lineups, European regulators say
- By: James Langton
- June 1, 2023 June 1, 2023
- 15:01
Why clients should be cautioned about fintech services
Without open banking, Canadians' data is at greater risk when they use unregulated apps
- By: Greg Meckbach
- June 1, 2023 June 1, 2023
- 11:31
DBRS changes CI trend to negative, keeps rating unchanged
Announcement follows S&P's downgrade of firm in early May
- By: Rudy Mezzetta
- May 31, 2023 June 1, 2023
- 16:33
National Bank reports Q2 profit down from year ago, raises quarterly dividend
Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier
- By: The Canadian Press
- May 31, 2023 May 31, 2023
- 15:01
CRA announces prescribed rate for Q3
After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady
- By: Rudy Mezzetta
- May 31, 2023 May 31, 2023
- 12:59
Great-West Lifeco sells Putnam Investments to Franklin Templeton
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
- By: IE staff, with files from Canadian Press
- May 31, 2023 May 31, 2023
- 12:12
Cyberattacks a matter of when, not if: industry leaders
Firms should prepare and test responses, executives said at an IFIC event
- By: Melissa Shin
- May 30, 2023 May 30, 2023
- 10:36
Feds name three managers for $400-million social finance fund
Fund managers will receive money over the next five years to make social finance investments
- By: Mark Burgess
- May 29, 2023 May 29, 2023
- 16:04
Life insurers increase Assuris protection
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
- By: Greg Meckbach
- May 29, 2023 May 29, 2023
- 15:11
Americans should be exempt from Canada’s foreign housing tax, members of Congress say
UHT an “insulting” attack on Americans with second homes in Canada: Niagara politician
- By: The Canadian Press
- May 26, 2023 May 26, 2023
- 15:54
Federal government posts $41.3 billion deficit for 2022 23 fiscal year
Debt charge rose 42% from 2021-22 because of rate hikes, revenues up 8.6%
- By: The Canadian Press
- May 26, 2023 May 26, 2023
- 15:22
U.K.’s Treasury chief accepts that recession may be necessary to get inflation down
“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News
- By: Pan Pylas, The Associated Press
- May 26, 2023 May 26, 2023
- 14:23