The purchase lifts the firm’s liability-driven investment AUM to more than $25 billion
The 4.2% increase was the first year-over-year gain since December 2017
The pension fund beat its benchmark with a net return of 8.9%
The consumer price index increased to 2% annualized
The wealth management and life insurance segments also saw smaller gains
The Canadian dollar closed slightly lower
The vote was 23% in favour, 77% against a greater shareholder voice on executive compensation
The U.S. regulator aims to enhance compliance and cut costs with its new initiative
The threat of a shortage of financial advice is cited by industry groups as a reason to avoid tougher investor protection rules
Demand for condos, some of it hidden, could keep prices on an upward path
The lack of women in VC leadership may impact which firms get funded, a report says
Dow plunges more than 600 points; TSX loses ground but fares better than U.S. markets
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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