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The payoff for social distancing: US$8 trillion

Researchers estimate the value of lives saved represents at least one-third of U.S. GDP

Hospital workers

Lockdowns are costly, but needed: OECD

Each month of containment cuts annual GDP by 2%, the organization says

A three-dimensional composition, a red arrow, breaks through the brick wall and can be used in any design

Feds increase wage subsidy for small business

The measure jumps to 75% from 10%

rules and regulations

Final Basel III reforms delayed

Regulators agree to push back implementation of certain provisions for a year

Financial accounting business sheet calculator

Sun Life CEO’s compensation drops slightly in 2019

The executive's total compensation was $9.6M

Finger on analysis button risk management or assessment concept

ESMA consults on leverage limits for alt funds

The consultation proposes regulatory guidance to address leverage risk in alternative funds

Falling interest rates concept

BoC cuts key interest rate to 0.25%

The unscheduled cut is the second this month

Canada remains AAA in the face of Covid-19: DBRS

A strong balance sheet provides capacity to absorb a large negative shock

Parliament Hill, Ottawa, Canada

Federal deficit to top $112 billion in coming year due to Covid-19, PBO says

The deficit for the fiscal year ending March 31 will also be higher than forecast

This picture says the development of economy, successful, and achievement

Pre-pandemic payroll data a key benchmark: StatsCan

The data will help track the pandemic's effects on employment and earnings

Court.

Supreme Court of Canada rules derivatives contract a hedge in tax case

Former brokerage exec’s losses were on account of capital, not income

FINRA issues cybersecurity alert

The SRO warns of increased cyberattacks as firms operate remotely

stock market pricing abstract

TSX makes back a third of losses on first three-day rally since highs

The index closed up 1.8% on Thursday

Ontario court rules against CIBC in overtime class action lawsuit

Specific damages owing to employees in the class action have not yet been determined

Large business, non profits, charities eligible for wage subsidy, Trudeau says

The federal bailout package to date is now valued at more than $200 billion

New services assist small businesses, individuals in wake of Covid-19

Advocis and others are offering free advice

InvestorCOM announces new appointments

Glenn Reiner, Parham Nasseri and Karen Makedon have all joined the Toronto-based fintech provider

  • By: IE Staff
  • March 26, 2020 March 26, 2020
  • 14:40

Howard Atkinson joins Pascal Financial

Former president of Horizons ETF Management brings three decades of experience to the wealthtech company

  • By: IE Staff
  • March 11, 2020 March 11, 2020
  • 13:45

RBC’s McKay earned $13.7 million in 2019

David McKay’s total compensation was down compared to 2018, but higher than other banks’ chief executives

  • By: IE Staff
  • March 5, 2020 March 5, 2020
  • 16:24

CIBC terminates Latin American fund

The fund is being terminated due to its small asset size

  • By: IE Staff
  • March 30, 2020 March 30, 2020
  • 11:59

Desjardins excludes fossil fuels from investing policy

The change affects the firm's SocieTerra line of funds

  • By: IE Staff
  • March 26, 2020 March 26, 2020
  • 11:47

Canada Life suspends real estate funds until further notice

The coronavirus outbreak has impacted the global real estate market

NASAA sees scam surge on the way

Regulators expect an array of pandemic-driven frauds

Dealers warned of spike in account hacking

IIROC reports that account intrusions are increasing

After in-house reporting fails, tip to SEC pays off

Compliance whistleblower gets SEC award after internal reporting stumbles

Slower growth, shifting asset mix facing fund sector: ISS

Research sees index funds taking over as asset growth slows

Energy sector pushes TSX higher despite big drop in price of crude oil

The TSX closed up 2.8% on Monday

Recession this year, bounce back in 2021: Moody’s

Canada's fiscal efforts will cushion the blow and set the stage for a rebound

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

Canadian firms recognized at STEP Private Client Awards

O’Sullivan Estate Lawyers, RBC Wealth Management both honoured

  • By: IE Staff
  • October 11, 2019 November 12, 2019
  • 14:08