Manulife posts $1.6B Q4 net income
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
- By: Jonathan Got
- February 20, 2025 February 20, 2025
- 09:28
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
Of 1.2 million mortgages up for renewal in 2025, about 85% were secured at historically low pandemic rates
Regulators face challenges with market fragmentation, high-tech trading
Inflationary effects of potential tariffs, mass deportations, have reduced rate expectations this year
Assuming cuts to social supports, PBO estimates net cost of program to government could be $5 billion or less
CIRO plans to facilitate voluntary participation in federal open banking effort
Industry taskforce to oversee transition in line with continental Europe
Credit card balances surge, mortgage debt climbs
Quarterly earnings down 12% compared with year earlier period
March rate cut looks unlikely as inflation rose to January 3% from 2.5% the previous month
But the generation is least likely to speak to family about it, poll reveals
Respondents cited expenses, debt repayment and insufficient income as barriers to saving
'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