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Research and Markets

U.S. retail sales were flat in April

The question is whether consumers will continue to spend without stimulus checks

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Industry News

Desjardins posted big gains in Q1

The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions

  • By: IE Staff
  • May 13, 2021 May 13, 2021
  • 15:35
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Industry News

Brookfield AM reports rise in net income in Q1

Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high

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From the Regulators

IIROC drops expanded OBSI reporting proposal

Reporting changes will be rolled into a bigger project on complaints, investigations

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Research and Markets

Sustainable bond issuance set record in Q1: Moody’s

Interest in environmental and gender issues are driving growth in sustainable finance markets

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From the Regulators

Steer clear of confused crypto platform: FCAA

The firm claims to be licensed by a regulator that doesn't exist

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Industry News

Net redemptions slow as CI reports Q1 profit

The firm's assets under management continued to grow in the first quarter

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Research and Markets

Consumer insolvencies in March spike to highest level in a year

The increase reflected a return to pre-pandemic levels after a year of record lows

  • By: IE Staff
  • May 13, 2021 May 13, 2021
  • 11:38
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Research and Markets

BoC governor calls for inclusive economic recovery

The uneven impact of the pandemic on certain sectors, workers must be addressed, he said in a speech

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Products

Desjardins to close four ETFs

The company also announced fee reductions for three other funds

  • By: IE Staff
  • May 13, 2021 May 13, 2021
  • 10:27
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From the Regulators

As investors go online, criminals follow

Account takeover attempts are on the rise, FINRA warns

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Industry News

Feds launch council on sustainable finance

Enhancing climate-related financial disclosures will be an early focus

  • By: IE Staff
  • May 12, 2021 May 12, 2021
  • 14:44
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From the Regulators

SEC worries about Bitcoin mutual funds, ETFs

In a staff statement, the regulator stressed its concerns about liquidity, valuation, fraud and manipulation

Manulife names global head of growing private markets business

Christoph Schumacher will take on the new role in Boston

  • By: IE Staff
  • May 17, 2021 May 17, 2021
  • 11:11

FSRA updates title reg proposal

The Ontario regulator proposed a central registry of title users and shorter transition periods

Sterling Mutuals adds ETFs to product shelf

As ETF assets in the MFDA channel continue to grow, more firms are hopping on board

Desjardins appoints new chief economist

Jimmy Jean succeeds François Dupuis, who is retiring after more than 30 years with Desjardins

  • By: IE Staff
  • May 6, 2021 May 6, 2021
  • 14:13

Pascal elected as CALU chair

The advanced life insurance industry veteran will lead the advocacy group board for 2021–22

  • By: IE Staff
  • May 5, 2021 May 5, 2021
  • 17:03

After years, U.S. court hands tax win to Michael Jackson heirs

The IRS had wildly inflated the value of the King of Pop's assets

Ninepoint launches three ETFs on NEO

The new funds invest in energy, alternative health and fixed income securities

  • By: IE Staff
  • May 17, 2021 May 17, 2021
  • 10:35

Wealthsimple launches Sharia-compliant ETF

Mackenzie Investments is the ETF's trustee and portfolio manager

  • By: IE Staff
  • May 12, 2021 May 12, 2021
  • 10:41

Deadline extended again for ETF tax proposal

Revised allocation to redeemers legislation appears in the 2021 budget implementation bill

Prospect of whistleblower riches causes friction

SEC orders joint payout to former tipster team who sought separate awards

CSA warns of fake Fidelity scam

The scheme uses the fund company's logo, and falsely claims FCAC and CDIC protection

S&P sanctioned over index snafu

The SEC alleged an undisclosed control feature led to stale index reporting

April home sales down 12.5% from record high set in March

The national average home price was a little under $696,000 in April

The rising threat of ransomware

Cyberattacks that seek to hold firms' data hostage are surging, Fitch warns

Canadian investors continue U.S. stock-buying binge: StatsCan

U.S. equities were the focus of $21.2 billion worth of foreign securities purchases in March

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Address change would be temporary until quarantine efforts are lifted

  • By: IE Staff
  • April 1, 2020 May 13, 2020
  • 10:21

Keep calm and listen to your clients

We haven’t been through anything like this, but we’ve been through similar crises and recovered

SEC warns of new digital offerings

So-called IEOs may be rife with the same misconduct associated with ICOs