Toronto pension firm sues Scotiabank over pension plan for doctors
Claim for $700M alleges Medicus Pension Plan was built on confidential information
- By: Michael McKiernan
- March 1, 2024 March 1, 2024
- 13:13
Claim for $700M alleges Medicus Pension Plan was built on confidential information
Move is the latest in a series of campaigns aimed at high-wealth individuals
Provincial budget states the move will save taxpayers $160 million a year by 2028
Total spending is forecast to rise by 3.9% increase from last year
Banks should track social media as a liquidity risk factor, rating agency says
Excluding volatile food and energy costs, prices in U.S. rose 0.4% from December to January
The bank reported a first-quarter profit of $2.82 billion, up from $1.58 billion a year earlier
Statistics Canada reports increase in GDP by an annualized rate of 1%, beating expectations
Company says fears of impaired loans in its U.S. office portfolio have also been sorted out
They want investment firms to be transparent about the use of AI and smart about mitigating risks
Almost 200,000 pension plan members in Ontario have lost track of their plans, regulator says
B.C. court dismisses case for a third time, citing confusing claim
Disappointing U.S. retail sales raise bets for more rate cuts
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Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
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
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report