Canadians increasingly concerned about funding retirement: Survey
Professional advice, financial plan provide significant confidence boost
- By: Maddie Johnson
- March 2, 2023 March 1, 2023
- 08:02
Latest news in Industry News
TD takeover of First Horizon in doubt as it looks to extend close again
Extension increases risk of deal not being completed: Barclays analyst
- By: Ian Bickis, The Canadian Press
- March 1, 2023 March 1, 2023
- 16:18
Insolvency filings in Canada in January up 33.7% compared with a year earlier
Rate hikes make it harder to pay off debt
- By: The Canadian Press
- March 1, 2023 March 1, 2023
- 15:20
National Bank reports $881M Q1 profit, down from $930M a year earlier
Revenue in wealth management was up 8%
- By: The Canadian Press, IE Staff
- March 1, 2023 March 1, 2023
- 15:06
RBC reports Q1 profit down as expenses, provisions for credit losses rise
Rising interest rates drive increase in wealth management revenue
- By: Ian Bickis, The Canadian Press, IE Staff
- March 1, 2023 March 1, 2023
- 14:52
TD meets goal for Black executive representation
A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people
- By: Melissa Shin, The Canadian Press
- March 1, 2023 March 1, 2023
- 11:54
B.C. introduces renter’s tax credit
The provincial budget forecasts years of deficits, but spends big on health, housing, families
- By: Dirk Meissner, IE Staff
- March 1, 2023 March 1, 2023
- 10:13
Alberta predicting $2.4-billion surplus for petro-powered economy
The province's budget contains a plan for legislated balanced budgets
- By: Dean Bennett
- March 1, 2023 March 1, 2023
- 10:06
U.S. Supreme Court rules in taxpayer’s favour on FBAR issue
The taxpayer's penalty for filing foreign account forms late was reduced to $50,000 from $2.72 million
- By: Melissa Shin
- February 28, 2023 February 28, 2023
- 15:41
BMO Financial Group reports earnings drop on Bank of the West-related charge
Net income for wealth management was down 12% from a year ago
- By: IE staff, with files from Canadian Press
- February 28, 2023 February 28, 2023
- 15:02
Scotiabank rethinking strategy as results hit by high funding costs, expense growth
Net income for global wealth management was down 7% from the previous year
- By: IE staff, with files from Canadian Press
- February 28, 2023 February 28, 2023
- 14:12
TD Bank to pay US$1.2 billion to settle Stanford Ponzi scheme lawsuit
The settlement comes as TD works its way through two major acquisitions in the U.S.
- By: Ian Bickis, The Canadian Press
- February 27, 2023 March 2, 2023
- 13:20
Management-led group proceeding with Canaccord takeover bid despite opposition
A special committee of independent directors is opposing the offer
- By: Mark Burgess
- February 27, 2023 March 13, 2023
- 12:28
Rate hikes work better on big debt? Not so fast
Shifts in the composition of debt may slow down the effects of tightening, paper says
- By: James Langton
- February 24, 2023 February 24, 2023
- 16:43
CI’s U.S. business ready for IPO, CEO says
MacAlpine declined to provide the share of the U.S. business it would spin off
- By: Rudy Mezzetta
- February 24, 2023 February 24, 2023
- 16:16
Fed’s rate hikes likely to cause a recession, research says
But Fed board member says current environment differs from past inflationary periods in four ways
- By: Christopher Rugaber, The Associated Press
- February 24, 2023 February 24, 2023
- 15:17
Ottawa posts $5.5 billion deficit for April to December
Rate hikes push federal debt charges to $25.8 billion for first nine months
- By: The Canadian Press
- February 24, 2023 February 24, 2023
- 11:55
CIBC’s first-quarter profit down from year ago
Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%
- By: IE staff, with files from Canadian Press
- February 24, 2023 February 24, 2023
- 10:12
Canada’s inflation rate is expected to fall significantly this year. Here’s why
Pace of increase should get closer to normal: Desjardins chief economist
- By: Nojoud Al Mallees, Canadian Press
- February 24, 2023 February 24, 2023
- 10:02
Regulatory action on big bank shelf cuts fizzles, for now
Ontario's Ministry of Finance says it is still assessing the OSC's report a year after it was submitted
- By: Katie Keir
- February 23, 2023 February 24, 2023
- 15:41
Keeping the cost of death down
Planning helps clients avoid overspending on funerals, burials
- By: Rosa Saba, The Canadian Press, IE Staff
- February 23, 2023 February 23, 2023
- 12:22
Budget 2023 could target wealthy Canadians, experts suggest
Feds expected to provide details about new minimum tax on high earners and share buyback tax
- By: Rudy Mezzetta
- February 23, 2023 March 28, 2023
- 12:03
Representation of women in leadership roles in jeopardy: Report
Women with intersecting identities still under-represented in senior corporate roles
- By: Maddie Johnson
- February 22, 2023 February 22, 2023
- 17:51
SPAC slapped by SEC
Regulator says shells face same compliance obligations as other public companies
- By: James Langton
- February 22, 2023 February 22, 2023
- 15:09
Fed minutes: Almost all officials backed quarter-point hike
All agreed ongoing rate increases “would be appropriate''
- By: Christopher Rugaber, The Associated Press
- February 22, 2023 February 22, 2023
- 14:20