U.S. markets were mixed on Thursday
Sun Life is concerned about “cautious” investors while Manulife moves forward on aggressive cost-cutting initiative
The company’s Q2 reported earnings of $729 million beat analysts’ expectations of $705.8 million
Core earnings were up in the firm’s Canada, U.S. and global wealth- and asset-management divisions while earnings slipped in Asia
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
The source of the selloff is unclear, but it comes after Saudi Arabia has responded forcefully to criticism from Canada’s federal government
Strong performances from GWL, Putnam Investments and IGM Financial resulted in net earnings of $658 million in Q2
Residential home sales were up by 18.6% in the GTA while the average selling price rose by 4.8% in July
The firm benefited from a $60-million after-tax gain from the restructuring of U.S. financing as a consequence of U.S. tax reform and the refinancing of some debt
All sectors outside of energy and information technology rose on Tuesday