Brookfield reports Q3 profit down, revenue up
Shareholders approved plan to spin off asset management business
- By: The Canadian Press
- November 10, 2022 November 10, 2022
- 12:10
Shareholders approved plan to spin off asset management business
A variety of announcements were released
Bitcoin down 12%, Ethereum down 13%
Bank to appeal US$564M jury award arising from $3.65B scheme
Shares of publicly traded companies with heavy exposure to crypto were also down
Care needs, living benefits were topics at IFB’s fall summit
Latest leading indicators continue to signal slowing momentum in most markets
Recent launches include Canadian segregated versions of two Wellington funds and a multi-strategy alternative fund
Regulators release pair of discussion papers on oversight, standards for emissions trading
Retail fund sales remained positive as customers sought cash-equivalent products
Compensation is often not the main reason that an advisor will switch firms
The fallout from Russia's invasion of Ukraine and a gloomier economic outlook weighs on commodities
IG Wealth's latest index shows most Canadians expect a recession next year
The annual consumer price inflation rate increased to a three-month high of 3.3%
Iran fired on three ships in the strait and seized two of them on Wednesday
The deal will reduce complexity, costs for Canadian market participants, TMX Group says
Fintechs, credit unions seeking federal charters to be eligible for streamlined process
Timeline not yet established, CIRO boss says
New licensing regime approved, full compliance due by October 2027
Term policies can have advantages over mortgage insurance
Christopher Phelan's resume suggests a keen interest in the operations of central banks
Deal offers 19% premium to Sila Realty Trust trading price on Friday
Firm founder Danny Popescu has vacated the role to become executive chair
Plus, TD Wealth VP moves into advisor role and appointments across the industry
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
At the same time, both fund types recorded positive net sales
The data also reveals Canadians' limited knowledge of cross-border investing tax implications
ETF assets under management now sit at US$20 trillion