GWL reports strong Q2 investment, insurance results
Lower mutual, segregated fund sales dampen Canadian results
- By: IE Staff
- August 4, 2022 August 4, 2022
- 14:22
Latest news in Industry News
BoE predicts recession at end of 2022
Inflation in the U.K. is expected to surge to 13% in the fourth quarter
- By: Danica Kirka, The Associated Press
- August 4, 2022 August 4, 2022
- 10:50
OPEC+ boosts oil output by slower pace than previous months
With Brent at more than $US100 per barrel, high oil prices may persist for some time
- By: Cathy Bussewitz, The Associated Press
- August 3, 2022 August 3, 2022
- 11:44
TD Bank Group to acquire U.S. investment firm Cowen Inc. for US$1.3 billion
The combined business will operate as TD Cowen, a division of TD Securities
- By: Ian Bickis, The Canadian Press
- August 2, 2022 August 2, 2022
- 13:09
Securities industry gears up for shift to T+1
As U.S. industry releases plan, Canadian firms' readiness lags
- By: James Langton
- August 2, 2022 August 2, 2022
- 12:41
RF Capital posts record revenue in Q2 despite $3.2B drop in AUA
Richardson Wealth added three new advisor teams and lost one during a "challenging" quarter
- By: Rudy Mezzetta
- July 29, 2022 August 1, 2022
- 17:59
Ottawa posts surplus of $5.3B for first two months of 2022-23 fiscal year
Public debt charges up 44.2%
- By: The Canadian Press
- July 29, 2022 July 29, 2022
- 11:42
Inflation hits record 8.9% in euro area, but economy grows
ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone
- By: Courtney Bonnell And Colleen Barry, The Associated Press
- July 29, 2022 July 29, 2022
- 10:33
Canadian economy avoids contraction in May, economists expect continued slowdown
StatsCan estimates 4.6% Q2 growth; manufacturing and construction saw the largest declines in May
- By: The Canadian Press
- July 29, 2022 July 29, 2022
- 10:12
iA reports lower profit, hikes dividend
Volatile markets contributed to losses in the insurance and wealth management businesses
- By: IE Staff
- July 28, 2022 July 28, 2022
- 12:53
Banks, asset managers far from hitting Paris climate targets: report
No major bank has committed to end financing for new oil and gas exploration
- By: The Associated Press
- July 28, 2022 July 28, 2022
- 09:58
FP Canada announces top performers for May QAFP exam
Melissa Laursen, Laura Wierzbicki and Adam Malcolm received the QAFP exam award of merit
- By: IE Staff
- July 27, 2022 July 27, 2022
- 13:11
MFDA bans, fines rep $50K for misappropriating, borrowing client funds
The money was used to satisfy a margin call
- By: IE Staff
- July 22, 2022 July 22, 2022
- 16:09
Russia’s central bank slashes rate, saying inflation slows
The interest rate cut comes as central banks around the world are rushing in the opposite direction
- By: The Associated Press
- July 22, 2022 July 22, 2022
- 13:01
Startups grapple with raising funds amid tech downturn
Investor exuberance is fading as companies try to stave off a potential recession
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- July 22, 2022 July 22, 2022
- 10:37
U.S. cryptocurrency insider trading case snares 3
Former product manager with Coinbase, two others charged with wire fraud conspiracy and wire fraud
- By: The Associated Press
- July 22, 2022 July 22, 2022
- 10:19
Investors watching for signs of a tech rebound
Slowing inflation and an early Fed pivot could set the stage for growth stocks to thrive
- By: Mark Burgess
- July 21, 2022 July 21, 2022
- 14:05
Europe’s central bank backs larger than expected rate hike
Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%
- By: David Mchugh, The Associated Press, with files from IE Staff
- July 21, 2022 July 21, 2022
- 13:17
Inflation may have peaked in June as gas prices soared: economists
Prices up nearly 29% year-over-year for edible fats and oils; air transport up 6.4% month-over-month
- By: The Canadian Press
- July 20, 2022 July 20, 2022
- 10:01
Prescribed rate set to rise to 3% in Q4
As rates rise, opportunity to achieve tax savings via a family loan strategy narrows
- By: Rudy Mezzetta
- July 20, 2022 July 20, 2022
- 09:55
Vatican imposes new investment policy amid financial scandal
The policy bans speculative investments, short-selling and highly leveraged or complex financial products
- By: The Associated Press
- July 19, 2022 July 19, 2022
- 15:35
Why you may be “overly pessimistic” on equities
Invesco's chief market strategist points to supply chain improvements in China and signs that U.S. inflation could soon decline
- By: IE Staff
- July 19, 2022 July 19, 2022
- 13:18
OSC names members of CEO advisory council
Industry leaders will report at least quarterly to CEO Grant Vingoe
- By: IE Staff
- July 19, 2022 July 19, 2022
- 12:13
U.S. Supreme Court could block SEC on climate disclosures: Fitch
The EPA ruling raises the stakes for climate proposals, the rating agency said
- By: IE Staff
- July 18, 2022 July 18, 2022
- 15:39
U.S. retail sales up 1% in June, easing fears of a recession
Oxford Economics expects 0.5% Q2 growth, on annualized basis, in U.S. economy
- By: Anne D’innocenzio and Christopher Rugaber, The Associated Press
- July 15, 2022 July 15, 2022
- 12:30