Sun Life is concerned about “cautious” investors while Manulife moves forward on aggressive cost-cutting initiative
Canadian investors don’t have easy access to these products, nor do they have much price transparency, the exchange says
The report finds a high level of concentration at a small number of CCPs
The new rules consolidate the existing capital treatments, introduce new credit risk capital charges and include updated credit risk factors for securitized assets
The transaction is not material to GWL’s financial results
There were fewer multiple unit projects after strong numbers in June
The company’s Q2 reported earnings of $729 million beat analysts’ expectations of $705.8 million
Core earnings were up in the firm’s Canada, U.S. and global wealth- and asset-management divisions while earnings slipped in Asia
Banks, insurers and other financial services firms will have to comply with certain provisions of the new cybersecurity rules
The group argues that the proposed rule, as it stands, is too weak in certain respects and too ambiguous in others
The loonie ended down after a report that Saudi Arabia was selling Canadian assets
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups