Par life accounts eventually benefit from higher interest rates
Tim Johal of Mackenzie investments says Canadian banks are better risk managers, more profitable, more predictable and less volatile
Yields are lower than those of competitors, but company quality is higher
The proposal follows the surtax and recovery dividend introduced in last year's budget
Payouts to stay flat as companies face rising recession risk
StatsCan reports that high earners saw incomes decline in 2020, but women fared better than men
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Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago
Profit Survey: Eleven firms increased their dividends in the latest quarter
Only two of 42 companies reported losses in Investment Executive's Profit Survey