Sun Life Financial reports net income of $951 million for Q4 2022
Assets under management dropped 8% in 2022
- By: IE staff, with files from Canadian Press
- February 9, 2023 February 9, 2023
- 09:28
Latest news in Industry News
Labour shortages could push up wages, “reignite inflation” in long run, report warns
Prospective employees "will have more muscle," RBC Economics predicts
- By: The Canadian Press
- February 8, 2023 February 8, 2023
- 16:17
Hot economy, inflation were at crux of BoC’s last rate decision: summary
Unanimous agreement that central bank's action to date had been forceful
- By: The Canadian Press
- February 8, 2023 February 9, 2023
- 14:37
Many investors avoiding markets heading into RRSP season, finds survey
Amid such conditions, Canadians now expect to need $1.7M in order to retire
- By: Amanda Stephenson, Canadian Press, IE Staff
- February 7, 2023 February 7, 2023
- 11:50
National Bank sells in-house financial planning tool to IT vendor
AdviceSuite to be incorporated into CGI Wealth360
- By: Greg Meckbach
- February 3, 2023 February 3, 2023
- 16:37
TRREB sees GTA home prices flatten, but realtors detect return of market activity
Few want to sell, fewer looking to buy, January sales down 44.6% year over year
- By: Tara Deschamps, The Canadian Press
- February 3, 2023 February 3, 2023
- 14:55
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
Policymakers hope to bring down inflation by reducing job openings
- By: Paul Wiseman, The Associated Press
- February 3, 2023 February 3, 2023
- 11:15
BoE rate hike says “too soon to declare victory”
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
- By: Danica Kirka, The Associated Press, The Associated Press
- February 2, 2023 February 2, 2023
- 14:57
Feds’ share buyback tax to generate $3B over five years: PBO
Liberals said they will release details about the 2% tax in Budget 2023
- By: Rudy Mezzetta
- February 2, 2023 February 2, 2023
- 13:41
Hub Financial acquires BridgeForce in Ontario
Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said
- By: IE Staff
- February 2, 2023 February 2, 2023
- 13:21
ECB hikes rates, vows “we are not done”
The increase comes even as the European economy slows
- By: David McHugh, The Associated Press
- February 2, 2023 February 2, 2023
- 10:17
More than 100 organizations sign CFA Institute diversity code
Asset managers representing US$11.2 trillion in AUM have signed the code
- By: IE Staff
- February 1, 2023 February 1, 2023
- 11:14
Canadian pension returns down 10.3% in 2022: RBC
Equities bounced back but fixed income remained weak amid restrictive monetary policy
- By: Maddie Johnson
- February 1, 2023 February 1, 2023
- 11:09
WCM’s Return to Bay Street program opens applications
The program to reintegrate experienced women into the financial industry has three hiring cycles this year
- By: IE Staff
- February 1, 2023 February 1, 2023
- 10:37
Canaccord Genuity buying Mercer’s Canadian private wealth business
The deal comes as Canaccord's management looks to take the firm private
- By: IE staff, with files from Canadian Press
- February 1, 2023 February 1, 2023
- 10:12
Prescribed rate set to rise, again, in Q2
The increase represents the fourth consecutive quarter that the rate has climbed
- By: Rudy Mezzetta
- February 1, 2023 February 1, 2023
- 09:53
IMF upgrades outlook for the global economy in 2023
Output should grow 2.9%, global inflation should fall to 6.6%
- By: Paul Wiseman, The Associated Press
- January 31, 2023 January 31, 2023
- 12:12
FP Canada lobbying feds for financial planning tax credit
The organization wants to improve lower-income earners' access to planning
- By: Mark Burgess
- January 31, 2023 January 31, 2023
- 11:36
Europe scrapes out economic growth by dodging gas disaster
3.5% growth could mask private consumption contraction
- By: David Mchugh, The Associated Press
- January 31, 2023 January 31, 2023
- 11:32
Canadian economy grew slightly in November, expected to slow further
Annualized Q4 growth at 1.6%, slowdown in housing-related orders
- By: Nojoud Al Mallees, Canadian Press
- January 31, 2023 January 31, 2023
- 10:58
Federal government posts $3.6 billion deficit between April and November
Rate hikes, inflation drive public debt charge up 36.8%
- By: The Canadian Press
- January 27, 2023 January 27, 2023
- 13:13
U.S. inflation and consumer spending cooled in December
Prices up 5% year over year, consumer spending down 0.2% from November
- By: Christopher Rugaber, The Associated Press
- January 27, 2023 January 27, 2023
- 10:44
As BoC takes pause from hiking rates, attention turns to labour market
Economists expect unemployment to rise as businesses and consumers curb spending
- By: Nojoud Al Mallees, Canadian Press
- January 26, 2023 January 26, 2023
- 13:23
Manulife partners with Cleveland Clinic Canada
The collaboration aims to promote better health outcomes within group benefits
- By: IE Staff
- January 26, 2023 January 26, 2023
- 12:37
National Bank’s head of wealth management to retire
Denis Girouard will step in for Martin Gagnon until a successor is named
- By: IE Staff
- January 26, 2023 February 17, 2023
- 11:53