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IOSCO aims for improved audit quality

Report recommends a series of best practices to help audit committees ensure high-quality financial audits

M&A activity declined in 2018

Technology was a bright spot while historically dominant and traditional sectors, such as energy, mining and utilities, and industrials and chemicals dropped

law regulations paper flat illustration

CSA extends comment period on proposed pilot study

TMX Group asked the regulators last week for more time to analyze and provide feedback on the plans

usiness graph with arrow showing profits and gains

U.S. investors leaving active management behind

The shift to passive management reflects these investments’ technological superiority for retail investors, not market conditions, new report suggests

IA introduces AI-powered virtual assistant

The virtual assistant can calculate how much investors should contribute to their RRSPs or estimate the amount they’ll have saved at retirement age

  • By: IE Staff
  • January 17, 2019 January 17, 2019
  • 10:07
calculator with the word dividends on the display

Report predicts record year for dividend payouts

But the projected dividend growth rate of 6% is less than half the 14.3% rate recorded in 2018

John Bogle dies aged 89

Founder of the Vanguard Group passes away

stock market pricing abstract

Financial sector helps lift TSX

U.S. stocks also climbed higher on Wednesday

stock market world economy abstract

Reasons not to panic about market volatility

Investor fears may be overblown, say reports

Fidelity launches equity fund

Fund aims to combine two different, yet complementary, investment approaches

  • By: IE Staff
  • January 16, 2019 January 16, 2019
  • 14:12
Calculator pen, balance sheet and statistics for sales and taxes

Auditors face new challenges: CPAB

Technology-driven innovation is expected to transform auditing and audit regulation in the years ahead

Canadian financial services firms make list of companies committed to gender equality

The Big Six banks, Sun Life and Manulife all made the global list

  • By: IE Staff
  • January 16, 2019 January 16, 2019
  • 12:00
Downtown office buildings Toronto

Barclays Canada names new head of financial institutions group

Jacquelyn Titus will enable the Britain-based bank to expand its focus on Canada’s financial services industry

Record numbers took November CFP exam

The 563 candidates were the most since the FPSC implemented enhanced requirements in 2010

  • By: IE Staff
  • January 18, 2019 January 18, 2019
  • 12:19

Dentist gets two-year conditional sentence for tax fraud

The tax evasion scheme was promoted by a tax protestor organization, the CRA says

  • By: IE Staff
  • January 17, 2019 January 17, 2019
  • 16:27

Open banking a negative for Big Six banks

Technological disruption is likely to erode the big banks’ profitability in certain areas

Joe Canavan takes over as CEO of NEXT Canada

The investment industry veteran takes over from Sheldon Levy

Ex-Osler partner Blair Wiley joins Wealthsimple

Wiley will be general counsel and head of regulatory affairs

  • By: IE Staff
  • January 7, 2019 January 7, 2019
  • 17:56

Tax scholars join CRA’s offshore compliance advisory committee

The committee advises the CRA on strategies to combat offshore tax evasion and aggressive tax planning

  • By: IE Staff
  • December 17, 2018 January 6, 2019
  • 10:40

Mutual fund sales declined to end 2018

Long-term funds ended the year in the red with negative net sales of $2.5 billion for the full year

BMO AM to consolidate commodities ETFs

The consolidations will occur at the close of trading Jan. 25

  • By: IE Staff
  • January 16, 2019 January 16, 2019
  • 10:26

RBC Insurance adds caregiver rider to disability plans

Rider would allow insured to take time off work to care for a terminally ill family member

  • By: IE Staff
  • January 15, 2019 January 15, 2019
  • 13:05

IIROC enforcement activity was flat in 2018

But the total number of decisions rendered by IIROC hearing panels against both firms and advisors increased year-over-year

NSSC issues warning about HQBroker

Regulators in Ontario, New Brunswick and Hong Kong already have issued their own warnings about the firm

IOSCO calls for greater ESG disclosure

The new guidance from global regulators comes amid increasing investor demand for ESG disclosure

TSX rallies for second straight week

The price of crude has hit a two-month high

Inflation rises in December on higher airfare, vegetable prices

The increase is likely due in part to a change in methodology

TSX up for 10th straight day

Hopeful sign of U.S./China trade talks boost markets