<i>Plan to merge TIPs with new index product</i><br>
(September 28 – 17:30 ET) –
The Toronto Stock Exchange said it
approved in principle a proposed
merger of its TIPs 35 and TIPs 100
index participation funds with
Barclays Global Investors Canada
Ltd.’s new iUnits S&P/TSE
60 Index Participation Fund
(i60s).
Successful completion of a deal,
which requires further discussion
and regulatory approval, would see
the current TIPs funds merging
into the BGI i60 product.
The U.S. imposes a 15% tariff surcharge on nearly all Japanese imports
Stable economic growth seen boosting bank profits, asset quality
Expected decrease to 2.1% from 2.4% in September driven by lower gas prices
It was the highest level of sales since February
The deal will add trust and estate, and wealth management capabilities to Edward Jones' Canadian business
Advisors, however, can help clients plan for unforeseen health issues, layoffs
Anique Asher to be EVP real estate secured lending; Shannon McGinnis named as chief risk officer
Year-to-date total still up compared with last year: CMHC