New LOC allows whole life insurance policyholders to borrow up to 90% of their policy’s cash surrender value
New platform designed to boost efficiency in the primary ETF market
Nearly two-thirds of residential mortgages that were over 90 days in arrears in Q1 2019 were uninsured
The increases are aimed at "clients in various life stages and health conditions"
The actively managed pools aim to deliver outcomes ranging from regular income to modest capital appreciation
Report highlights taxes, wages and job mix as reasons for Canada’s underperformance
The firm will also terminate certain IBrix bond fund classes
Rapid adoption would reduce domestic oil consumption and could trigger mergers and acquistions
Outside and private dealings lead to $150,000 fine
S&P/TSX composite index closed up 35.17 points on Friday
Positive economic data should mean the Bank of Canada holds
Private businesses will be required to maintain certain records on their beneficial owners
The salary drop tracks with a 17% decline in bonuses
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record