Declines in manufacturing and mining, quarrying and oil and gas extraction more than offset gains in other sectors
A large portion of the firms’ fee revenue is locked in and leverage remains modest
The decision follows portfolio manager changes at Sentry following the firm’s acquisition by CI Financial Corp.
The budget watchdog sees little chance that the federal budget will be balanced, or in a surplus position, over the medium term
The organization is also expanding its educational programs for advisors
Deficits for federal and provincial governments will increase to an estimated $143 billion by 2045
There’s a clear trend globally toward greater awareness, interest and adoption of ESG analysis and responsible investing
The brokerage will use the proceeds of the new bank credit facility to refinance its existing long-term debt
A new index will to provide price transparency to the spot market for bitcoin
U.S. markets pull back
Account takeovers are a growing threat to retail investors, U.S. regulator says
Sun Life and Manulife are largest fund managers based in Canada according to a report from global advisory firm from Willis Towers Watson
SmartApp flags any missing information to advisors and facilitates the use of electronic signatures
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